Wall Street Bonuses Set to Increase
CNNMoney.com:
Now with analysts predicting impressive third-quarter numbers from some of the nation's largest financial firms, big bonuses for top Wall Street talent seems increasingly certain.
CNNMoney.com:
Now with analysts predicting impressive third-quarter numbers from some of the nation's largest financial firms, big bonuses for top Wall Street talent seems increasingly certain.
Dave Johnson: The Bonuses and the Damage They Do
This is a story we know too well: Wall Street vs. Main Street. Irresponsible behavior leads to bonuses for the former while working hard and playing by the rules leads to unemployment and foreclosure for the latter.
Les Leopold: Why White House Spokesman Robert Gibbs is Dead Wrong about Wall Street Pay
Please someone tell me how an entire sector that is on taxpayer life-support is creating value that justifies high salaries and bonuses?
Jeffrey Sachs: Bank Bonuses and the Reform Agenda in the Balance
Health care reform hangs in the balance at the same time we learn that nine banks, all recipients of federal bailout support, paid an astounding $33 billion in bonuses in 2008.
Liz Peek: New York Needs Bonuses!
Not only are banking profits essential to the well being of New York, those pesky bonuses play a vital role as well.
What Red Ink? Wall St. Paid Fat Bonuses - NYTimes.com
Obama Pressures Wall Street Over Bonuses - NYTimes.com
Mean Street: Ending Wall Street's Bonus Madness - Deal Journal - WSJ
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Teach these Wall Street banking thieves a lesson!
http://www
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I just don't get it. Did I not just read that seemingly healthy banks are going under. The crooks are in charge!!!!!! What else can we think? Notice how they drag their feet on all the things that should have been addressed already, financial reform, consumer protection, healthcare, etc. just like the Mafia is in charge and they don't want it to be so obvious to the rest of the world so they pretend to straighten things out.
Not with my money, other than the tax dollars I pay in I'm not investing in stocks and bonds ever again. It's certificates of deposit and savings bonds from here on out. No down side.
There should be NO BONUSES given out until ALL bailout money have been repaid with interest.
This is just flippin stupid.
Like blind lemmings guided only by their own greed, they ran the country right off a cliff.
Now, they are running away again, raping and pillaging our bank accounts and retirement savings. Yet again, the surge in stocks is based on absolutely nothing of value. The stock market is Las Vegas on a grand scale with all of the bets tilted strongly in favor of the house. Since the market and the real economy are so unhinged there is nothing that can explain stock prices except for rank betting by addicted gamblers.
They bet the house and lost ours (but got to keep their own) now they are betting everything else that is not nailed down. And we keep letting them run the casino.
Why oh why do we not see this as a nation? The next crisis is bound to come, the emperor is naked and we refuse to see. The next housing reset and the reset of commercial paper is still to happen and there is nothing to cushion it.
The market is plummeting today and it isn't even October yet.
Where is the change, Obama? Where is the REFORM?
Job loss equates to home loss No jobs, no recovery. Why so many people out of work even with the stimulus spending? Why are more jobs still being shipped overseas? There is no such thing as a jobless recovery; that is n3ocon jargon.
good articles..
meanwhile, the stock market is surging and everyone is too busy to counting their money to show any initiative.
Why aren't we talking about raising taxes on the banks?
Hello liberals..
Thank our lucky stars that the economy is coming back. Mr. Financier: Please hire me. I am unemployed with no where else to turn.
Is this "real" money (cash & the like), or just more "pretend" money (profits on paper, with nothing to back up the figures)?
I don't give a flying f$$$k about the bankers. They have done nothing for the middle class. I am beginning to get very jaundiced about our financial system.
Many people think the crisis is over and are reentering into the stock market like lemmings, but the final shoe may be yet to drop. I would not be surprised if there is another shock to the financial system in the coming months involving one or more of the following companies; Bank Of America, Jp Morgan, Citigroup, Goldman Sachs, General Electric, or Lehman.
good articles; http://www
More toxic assets I suppose. Bad loans and defaults like 2008. Then a retest of March lows? maybe
CAn we have our R3v0lut10n NOW!?
no we need money for that.lol
lol thanxs for the reply and the laugh!
First Posted: 09-29-09 12:12 PM | Updated: 09-29-09 05:58 PM