wall street bonuses

Discussion in 'Wall St. News' started by seauouch, Dec 18, 2008.

  1. seauouch


    Anyone else feel like throwing up when you listen to CNBC concerning Wall St. bonuses? The argument that these perks are needed to "retain the best & brightest" on Wall St. is a joke. There was a sgment on CNBC today & the talking heads were concerned that GS would have trouble retaining "top talent" because they were "slashing" bonuses to a mere 10.9 billion this year ( the same year posted a 2 bil loss for the Q ). Besides banking ( maybe auto ) what other industry can you drive your company into insolvency & cry poverty because you are only averaging 364k per employee???

    I really wish the gov would go after all the ill gotten bonuses these people in prior years for pushing this country to the brink of collapse.
  2. ipatent


    Maybe they would be better off with inferior talent.