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"Fresh outrage over 'heads I win, tails you lose' banker bonuses"

Before I bore the pants off of you talking about our break to Barcelona I felt compelled to share this with you from today's London Evening Standard...

"Cuomo found that banks bailed out by the US government to the tune of £175 billion still paid 4793 bankers and brokers more than $1 million each last year in bonuses.

When the banks did well, their employees were paid well. When the banks did poorly, their employees were paid well. And when the banks did very poorly, they were bailed out by the taxpayer and their employees were still paid well"

"At Goldman Sachs, Morgan Stanley and JP Morgan Chase, bonus payments exceeded income. The three firms combined earned $9.6 billion, paid bonuses of nearly $18 billion, and received taxpayer funding of $25 billion..." and so it goes on.

I want to vomit

Rant over.


Cricket said...

Those jackasses play and risk for years and finally get their butts in a sling and the rest of us get to pay the price! Strong projectile vomit is the the only reaction to this travesty.