Economy, The Banks

Goldman Sachs On Pace To Pay Record Bonuses

0 Comments 22 June 2009

One week after re-paying its TARP bailout loan, Goldman Sachs predicts being able to pay employees record bonuses this year. In fact, they’re predicting their most profitable year ever.

Isn’t this special? Once the Obama administration told these companies getting the TARP money that not only will their salaries be limited, but they could also kiss their bonuses goodbye, that they are now able to pay all of that money back, AND estimate record profits.

Is it just me, or does this stink to high heaven?

Reuters has a short article about it here, as reported by The Guardian.

Related Posts with Thumbnails

Share your view

Post a comment

You must be logged in to post a comment.

Listen Live

Listen Live! Test drive our new JAVA player. Win/Mac/Lin

Login/Register

(Does not apply to our chatroom. It has it's own simple registration.)

Who’s Chatting

© 2012 The Head On Radio Network | America's Liberal Voice!. Powered by Wordpress.

Daily Edition Theme by WooThemes - Premium Wordpress Themes

Bad Behavior has blocked 1555 access attempts in the last 7 days.