Wall Street to set new record with 140 BILLION in holiday bonuses The single largest bonus pool is the 23 Billion Goldman Sachs is paying out. "Given the rules, they earned it," said Peter Siris, an investment manager at Guerrilla Capital … [Read more...]
G20 Summit actually agrees on “Clawbacks” for excessive bonuses
BBC Report on the G20 Summit As some may recall, Merrill Lynch paid 3.6 BILLION in bonuses despite receiving more than 20 billion dollars of taxpayer bailout money. AIG and others were just as free in giving out a plethora of multi-million … [Read more...]
Raising the Bar on Financial Pros
Cross-post note: This appears also at Marry in Massachusetts.The truth is, hardly any of us know enough and have the time to devote to making larger financial decisions. Rather, our minds want and our hearts need to trust that:Those making … [Read more...]
Now Fannie Mae is giving bonuses
Unbelievable!! As Usual Just my Opinion … [Read more...]
BREAKING NEWS: Obama seeks to block AIG bonuses
You don't have to take my word for it, see and hear: http://www.cnn.com/2009/POLITI... Honest, I think President Obama was so outraged he was choking. Looked like it to me. … [Read more...]