Goldman Sachs 2009 bonuses top $23 Billion

reply to post by Recon3

you clearly support socialism by inserting ethics
capitalism whether expliot or no exploit,honedt/dishonest , and it is great , only losers like americans scream that usa suffers from bad capitalism , if you love ethical 'capitalism' go to sweden or france , which are socialist

[edit on 14-10-2009 by sadchild01]

23 billion dollars... I wholeheartedly approve of them receiving this bonus in about as much as I wholeheartedly approve of a raging cancer eating my stomach alive.

reply to post by warrenb


Well they did pay for the right to do it....
Maybe you missed this other headline that ties in with your post...

Oct. 14 (Bloomberg) -- Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms.

Source:

Let's face it... the world revolves around kickbacks and slush funds.... or it's not whom you know but who you payoff

I think some people misread me

1) I'm not a wall st trader, for a start i'm in the UK
2) I abhor these people who created certain instruments ie mortgage backed securities because it completely fked my job up for 2 yrs
3) To all you who are against capitalism just look at your life and tell me what you would have and not have without it
4) I look after charities amongst other things, where else are they to put their money, bank deposits?
5) I earn money off the back of other people. Sure I do. Don't other people who work in the service industry?
6) Take over small companies and screw them - if you had worked a hard, honest life and built up a great business from scratch which was bought out by a multinational netting you a few million, would you feel the same? Look at it from the entrepreneurs point of view who came from the slums.
7) The people that subsequently screw the company are not my responsibility.
8) Some people need to be less predjudiced, I'm a stockbroker with ethics and morals, just like 95% of the people I know in my profession. As is always, the few tarnish the rest. Unfortunately with big money involved, the few can bring down the worlds economy

If anyone doesn't see this as proof that Wall Street owns Washington, than I'm going to stop trying. G. Sachs bought the white house with campaign contributions. This isn't capitalism. When we disregard the constitution, we have capitalism with no conscience. Greed is king. This is not George Washington's United States...