Goldman Sachs Bonuses: Columnist Says Analysts Predict $23 Billion Bonus Pool, Firm May Make Huge Donation

New York Times:

By most analyst estimates, the annual bonus pool will swell to more than $23 billion. In its second quarter, Goldman disclosed it had put aside $11.4 billion for the first half of the year.

"The absolute size of compensation payouts will rise significantly," Keith Horowitz, an analyst at Citigroup, wrote in a note to clients two weeks ago.

Read the whole story: New York Times

Comments

[WindySailor]

The photo of Blankfein is telling. He is the 21st century version of Vito Corleone.

[WindySailor]

And Timothy Geithner is our era's Tom Hagen.

[american-dolt]

Gives me the willys too

[RomeoMD25]

The global warming scam passed by Congress. Goldman Sachs is in the middle of it, as usual– a potential trillion dollar sure thing.

And Former Vice President Al Gore who will profit from the cap-and-trade plan through his company, Generation Investment Management,–
Gore is joined by three former Goldman Sachs heads in their carbon offsets business.

http://www.rollingstone.com/politics/story/29127316/the_great_american_bubble_machine/7

[Disdain]

And as usual the average consumer will be made to pay for it. You have to wonder when people are finally going to wake up to the scam?

[loki]

I guess they can justify the bonuses , like the rest of wall street can, by saying they need to pay for extra protection because of all the citizens who hate them for losing, stealing, and then taking Tarp bailouts from them and starting the whole rape pillage and burn cycle again.

[Nutcase]

These people have caused far greater harm to most Americans than any terrorists. They created the economic calamity. Yet, they don't want to share the pain. My take is that they are the enemy. They are anti-American. Rather than reward them, we should either convict them for their economic treason or expel them from the country they are fighting against.

[jojony]

Obama & Co will sit by an let this happen.

The Banks will follow with large bonuses as well.

Wall Street doesnt care what you think and neither does this administration.

Where is the outrage toward OBAMA on this site?

[hoopesaz]

Obama and Co. don't own Goldman Sachs. The shareholderes (the owners of the company who stand to lose by such huge payments) are the ones that need to correct this action, not Obama. He doesn't have any authority to do so.

[Shaddup]

Free health care for everybody! It's on the banking system--they owe us!

[shaitan]

Tax the bonuses at 90% rate to help the unemployed.

[my post]

WE HAVE HEALTH CARE WE HAVE HEALTH CARE CONGRATS OBAMA 4 GETTING IT DONE!

good articles; http://br.st/tU

[comicpro]

No they earned it really....­..........­.I mean stole it really....­......no I mean borrowed it really....­........

[jazzman]

In another post on the Huffington Post, Rep. Alan Grayson asks the Fed to reveal where our 1.2 trillion dollars in taxpayer money has gone. I think we just got a partial answer. By the way, could we at least ask the Executives to name their yachts for their benefactors. You know names like:

The Taxpayer 1,
The Citizens Interest,
The Public Rip Off,
The Corrupt Congress,
The Wall Street Boondoggle

[maxhardon]

Wait a minute - I'm getting carried away. Our banking system is only half socialist. It is only the losses that are being nationalized. The profits stay in private hand.

Amercia - land of the greatest half socialist system in the world.

[maxhardon]

LLoyd Bankfein - the greatest socialist the world has ever seen.

[maxhardon]

Socialized medicine now! Let the banks pay for it. We helped them out in a pinch, now it's their turn.

[maxhardon]

Goldman Sachs - the greatest socialist bank the world has ever seen.

[maxhardon]

America - land of the greatest socialized banking system the world has ever seen.