Screw Goldman Sachs
Given its strong performance this year, Goldman Sachs is sure to pay staffers “dramatically” higher bonuses in 2009, said Goldman CFO David Viniar, although final decisions won’t be made until year’s end. If that’s the case, the bank will be bracing for another round of public outrage since the “recovery” has yet to trickle down to average people. But the fact remains, the bank more than doubled its net revenue this year, and employees deserve recognition.
Ok. So the employees deserve recognition but I mean get serious here. We’re talking about compensation in the millions of dollars while the recovery has not reached “average people.”
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