just another persons waste of time
Human beings, who are almost unique in having the ability to learn from the experience of others,
are also remarkable for their apparent disinclination to do so.
Douglas Adams
.: fyi :.
04 March 2009
.: fyi :.
via MotherJones:
If you took the average bonus at Wall Street's 5 biggest firms - $206,677 in 2007 - and stacked it up as a tower of dollar bills, it would be 75 feet tall. The median housefold income would be only 18 feet tall.
In 2007, the top 5 firms paid out $39 billion in bonuses, even as their shareholders lost $74 billion.
Those firms have since received $60 billion in federal bailouts.
In 2006, Goldman Sachs CEO Lloyd Blankfein got a $53.4 million bonus - a Wall Street record. The next year, he broke his own record with a $67.9 million bonus. In 2008, the firm got a $60 billion bailout.
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Posted by: Peter - 7:12 PM MST
Tags: Rants
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