
Yay:
On Thursday, Goldman Sachs will announce the firm's bonus payments for 2009. Analysts expect the bonus pool to mushroom to $23 billion -- double the bonus pool paid to employees in 2008. Earlier this year, Goldman Sachs said that it had put aside $11.4 billion for bonuses during the first half of the year.
Things are working out quite well for the banksters, aren't they?
NOTE As usual in a kleptocracy, the rule is "take what you can."
If you liked this post, buy the author some books.- lambert's blog
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It's almost as if these people aren't trustworthy
Almost.
"Do what you feel in your heart to be right -- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't. " - Eleanor Roosevelt
has this already been a post here?
Ian.
if not, it should be. i gotta run, but i hope someone can explain to me what that means. it sounds...bad.
Strong dollar policy
considered harmful (Krugman). I think this is relevant but I'm so undereducated about money it's pitiful. I think this means Krugman believes Ian's alarm is misguided.
We will push and push and push until some larger force makes us stop.