Saturday, August 01, 2009

Billions in bonuses for bailed-out bankers...

Nine major Wall Street banks that were among the biggest recipients of the US government bailout paid out nearly $33 billion in bonuses last year, including awards of $1 million or more to nearly 5,000 people, according to a report released Thursday by New York state’s attorney general. Six of the nine banks paid out more in bonuses than they made in profits—proving that the billions from the US Treasury went straight into the pockets of the best-paid executives and traders. More...

Don't miss:

  1. "Goldman Sachs has engineered every major market manipulation since the Great Depression..."
  2. The greatest scam in the history of the world...
  3. No bonus? No problems! Bankers get hefty pay rise...
  4. AIG bonuses "staggering in size", 7 execs received $7m each...
  5. Lehman Bros head took home $300m!!!

No comments:

Post a Comment