Wall Street Profits Soar To $50B, Bonuses To Rise Up To 40 Percent

sufrommich

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Thu Dec-17-09 01:09 PM
Original message

Wall Street Profits Soar To $50B, Bonuses To Rise Up To 40 Percent

"In a clear sign of Wall Street's rebound, investment firms are producing record profits this year and the average bonus could rise as much as 40 percent over 2008."

"Meanwhile, in a sign of the disparity between Wall Street and Main Street, the rest of New York City continues to suffer, according to the report, which notes that industries are still hurting and that the recovery is "expected to be slower" in the city than in the nation as a whole."

http://www.huffingtonpost.com/2009/12/17/wall-street-profits-soar_n_395682.html

I sometimes wonder if we aren't getting precariously close to "the straw that broke the camels back" territory.

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fascisthunter

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Thu Dec-17-09 01:10 PM
Response to Original message

1. good job government

helping the rich get richer while giving them more of our money. Nothing like a representative government...

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Tansy_Gold

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Thu Dec-17-09 01:10 PM
Response to Original message

2. Close, maybe, but we ain't there yet, so party on !!!!!

:sarcasm:

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leftstreet

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Thu Dec-17-09 01:11 PM
Response to Original message

3. Party like it's 1929!

:party:

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sufrommich

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Thu Dec-17-09 01:13 PM
Response to Reply #3

5. The more things change....... nt

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NightWatcher

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Thu Dec-17-09 01:12 PM
Response to Original message

4. shut up and watch your cable tv, eat your McShit Food, play with your iPhone...

we are a thoroughly distracted, over-worked, under-nourished, nation.

I'm no better than most. I wish we would wake up.

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DU AdBot (1000+ posts)

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