$23 BILLION IN BONUSES FOR GOLDMAN SACHS

The Goldman Sachs Tower - Jersey city, NJ.

Image via Wikipedia

Dy’er Sez: Thanks to Bush, Obama, and the last two Congresses, Goldman Sachs is handing out an average of $600,000 in bonuses to their top employees…while the rest of us are being sucked down into the peat-bog that Sachs(and Congress, and Bush, and Obama) is partially responsible for.

 
Son of a %#$@^%.

 
Story from Raw Story:

Goldman Sachs 2009 bonuses to double 2008’s; $23 billion could send 460,000 to Harvard, buy insurance for 1.7 million families

By John Byrne

Yesterday, we brought you the insurance company that wouldn’t insure a 17-pound infant because he was too heavy. Today, we bring you the investment bank that manages to double its bonuses during the worst recession since the Great Depression. On Thursday, Goldman Sachs will announce the firm’s bonus payments for 2009. Analysts expect the bonus pool to mushroom to $23 billion — double the bonus pool paid to employees in 2008. Earlier this year, Goldman Sachs said that it had put aside $11.4 billion for bonuses during the first half of the year.

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