After 10 billion handout from the government, Goldman Sachs

[funeralcrasher]

reportedly gave employees $200,000 bonuses.

Since they have white collars it's okay.

Comments

[sttatus-quo.livejournal.com]

Is it arrogance or stupidity?

The hubris of even accepting the money leaves me stunned.

I got mine

[pkbarbiedoll.livejournal.com]

so everybody else can fuck off.

That's the best I can come up with. With no oversight these corporations are spending our money on all kinds of foolishness. I wouldn't be surprised to find that some of them spend our tax dollars on lobbying. :-/

[denabeth.livejournal.com]

But they worked SO hard running the company into the ground.

O_o

[aquaknot.livejournal.com]

A lot of folks in that pay range in NY don't get much in the way of regular compensation (i.e., salary). For reasons I never worried too much about (since they'd never apply tome), they take a huge "bonus" at year end instead of salary.

Just saying that it might not be as bad as it looks, i.e., a true bonus on top of compensation.

I say that even though I think anyone giving an "actual" bonus to screwup execs ought to go to jail, directly to jail, without stopping at go . . .