Totally indefensible

From The Independent (UK) in 2006:

“Last year, Goldman Sachs paid out $11.7 billion to its 22,425 employees…Hank Paulson, the chairman and chief executive, was paid $38 million in salary, shares and options – a 21 per cent increase on 2004. An average figure per staff member of $521,000 bursts through a barrier not even breached during the dot-com boom in 1999 and 2000.”

You think these folks (Paulson included) will kick that money back into the bottomless bailout package?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: