Billions were given to Wallstreet firms as bonuses, maybe they could give some to Wisconsin

young_at_heart

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Tue Feb-22-11 10:35 PM
Original message

Billions were given to Wallstreet firms as bonuses, maybe they could give some to Wisconsin

BONUS season on Wall Street:
1. If it�s a good year, big bonuses are on tap as a reward.
2. If it�s a bad year, big bonuses are necessary to retain �top talent.�

JP Morgan Chase set aside almost $10bn for basic pay and bonuses in its investment banking division.

Goldman Sachs bankers to receive $15.3bn in pay and bonuses.

Citigroup will pay some top executives millions of dollars of cash bonuses if its core operations earn at least $12 billion before taxes over the next two years.

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valerief

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Tue Feb-22-11 10:38 PM
Response to Original message

1. GIVE is not in their vocabulary. Now, TAKE is something they're very familiar with. nt

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Clyde39

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Tue Feb-22-11 10:42 PM
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2. Instead of five homes, maybe they could manage with just four

Or they could give up the diamond encrusted dog collar for Rover.

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roxiejules

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Tue Feb-22-11 10:48 PM
Response to Original message

3. They should be required to 'bail out' the pension funds -

only seems fair.

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Initech

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Tue Feb-22-11 10:52 PM
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4. We should tax these obscene bonuses the same way we tax lottery winnings.

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saras

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Tue Feb-22-11 11:52 PM
Response to Reply #4

6. Well, no. Lotteries are won fair and square.

We should tax these bonuses like we treat the profits of any other large-scale criminal enterprise.

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Dawn40

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Tue Feb-22-11 11:38 PM
Response to Original message

5. Where is the outrage?

Teachers, police, firemen and public services are getting the heave-ho but these people get a pass!

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Canuckistanian

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Tue Feb-22-11 11:53 PM
Response to Original message

7. They spend more than that on drycleaning every year

Tobin Tax them.

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Generic Other

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Tue Feb-22-11 11:54 PM
Response to Original message

8. They wanted to save the banks

They want to destroy the middle class. They don't need us. All they need in the new global economy is a worker who will work for slave wages and poor conditions. Just like the Grapes of Wrath. Always a new worker somewhere.

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young_at_heart

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Wed Feb-23-11 12:01 AM
Response to Reply #8

9. I think this downturn began with Reagan

We've been headed in the wrong direction for far too long.

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