Bonuses to Bankers - From the Taxpayers

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	Bonuses to Bankers - From the Taxpayers

pkronfield

11-12-2008 10:41 AM

204 views

tags:

graft, lobbyists, democrat, marxism

pkronfield says:

OK - the democrats are in power. Let's see how they can prevent their lobbying pallies from getting huge megabonuses funded by taxpayers. Ain't gonna happen, folks. These fat cats are in democrat politician pockets, and there are no greater whores than democrat pols, who would sell out their own mothers for $$ and power.

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11-12-2008 1:06 PM

Antara

I really do hope that at the very least, names and details of each person who takes huge bonuses in the face of all this financial craziness....will be made known.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/1d4b0854-a9a6-450d-8d18-cd7a0b68605c/E85C4535-EDBF-43E8-B3BC-42E138493F68/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.cbsnews.com/stories/2008/11/12/earlyshow/main4595179.shtml" href="http://www.cbsnews.com/stories/2008/11/12/earlyshow/main4595179.shtml" style="font-size: 11px;">www.cbsnews.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbsnews.com/stories/2008/11/12/earlyshow/main4595179.shtml"><B> </B>It's no secret that investment bankers are well-compensated, mostly through year-end bonuses, especially during bull markets.
</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbsnews.com/stories/2008/11/12/earlyshow/main4595179.shtml">But can they still count on those big bonuses this year, in the midst of the financial crisis and market freefall?
</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbsnews.com/stories/2008/11/12/earlyshow/main4595179.shtml">lawmakers and taxpayers alike are concerned about where the money for those bonuses will come from.
</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbsnews.com/stories/2008/11/12/earlyshow/main4595179.shtml">For Wall Street workers still employed, there could be a hefty bonus in their checks next month.
</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbsnews.com/stories/2008/11/12/earlyshow/main4595179.shtml">According to a report from financial news agency Bloomberg, Goldman Sachs, for example, has set aside $6.8 billion for bonuses, and Morgan Stanley, $6.4 billion.
</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbsnews.com/stories/2008/11/12/earlyshow/main4595179.shtml"> "These are people who lost enormous amounts of money," Frank observes. "How do you give a bonus to someone for having failed so badly as many of these people did?"
</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.cbsnews.com/stories/2008/11/12/earlyshow/main4595179.shtml">What's got many on Main Street and Capitol Hill angry, David says, is the possibility that some of the $700 billion government bailout package could go into the pockets of Wall Streeters to pay their bonuses.
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