Former Goldman Sachs trader upset at $8.25M bonus, files suit seeking $16M more http://www.nydailynews.com/news/national/goldman-sachs-trader-upset-8-25-million-bonus-article-1.1836596
Amazing. Guy was making 1-2Bn/year. He was definitely underpaid even if much of that money was franchise value.
i see this: ---Deeb Amin Salem, 35, claims he helped Goldman Sachs make billions of dollars in profits by betting against the mortgage market---
Yeah and he put up his own money too. If the bet went bad, he'd have had to live out of a cardboard..... oh, wait, not his money? Then fuggem
hahaahah, what kind of money get people paid for no work these days. for basically stealing. are we facing indian style cast system in west ?? that explains influx of Indians to get some expert help on the ground.
You remember when the Public Opinion was outraged with Citi's bonus arrangement with their contracted boutique Oil Trading Firm that was promised 50% of the profits? I thought this guy made Citi close to $1 Billion and some news source cried "Foul!". Anyone who brings that much value to a investing firm deserves's their weight in gold!
Making billions for the firm, and getting less than 1% cut. But would he have been able to make as much if he had not been at the firm?