20 November 2007

People to Put Up Against the Wall When the Revolution Comes

This would be the Wall Street pukes who have engineered the housing bubble, and are now NOT reaping the consequences of its deflation.

Wall Street firms are planning record bonuses of $34 Billion this year.
That money, split among about 186,000 workers at Goldman Sachs Group Inc., Morgan Stanley, Merrill Lynch & Co., Lehman Brothers Holdings Inc. and Bear Stearns Cos., equates to an average of $201,500 per person, according to data compiled by Bloomberg. The five biggest U.S. securities firms paid $36 billion to employees last year.
What happened to pay for performance?


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