Money for nothing
22nd December 2008
... Comments

It had to happen, even though this is an American bank the recipients are in London. Goldman Sachs have just posted their first loss in a decade and yet can still afford to give out £4.3 BILLION, yes BILLION, in bonuses.

This averages out at £142,000 per employee. Basically this is their customers and shareholders money being doled out to reward employees who have lost money.

Do you agree that the banks are just laughing at us?

I wonder if any of our banks will follow suit by rewarding abject greed and failure with taxpayers money?

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