Wall Street Record Bonuses Return as Big 3 May Pay $30 Billion

By Daniel TencerThursday, January 14th, 2010 -- 10:29 pm Banks poised to start fearmongering campaign about Obama's bailout fee If you still needed statistical proof that the folks on Wall Street have become entirely detached from reality in the wake of the massive taxpayer-funded bailout of their colossal mistakes, here it is. The 38 largest financial institutions on Wall Street will pay out a total of $145.85 billion in compensation for 2009, an 18 percent increase over 2008 and "sligh ...

WSJ: Wall Street Pay: A Record $144 Billion Pay on Wall Street is on pace to break a record high for a second consecutive year, according to a study conducted by The Wall Street Journal. About three dozen of the top publicly held securities and investment-services firms—which include banks, investment banks, hedge funds, money-management firms and securities exchanges—are set to pay $144 billion in compensation and benefits this year, a 4% increase from the $139 billion ...

Well, some of us saw this coming... ...

By John ByrneMonday, April 19th, 2010 -- 8:55 am As if to put the icing on the cake, the investment bank Goldman Sachs is set to shell out another $5 billion in bonuses to employees. What's more, the bonuses are expected to cover the employees' work for just the first three months of the year, according to the UK Sunday Times. According to the report, bankers will receive remuneration of about $170,000 per person for the firm's 32,500 employees. Some traders are set to receive ...

Posted on Feb 10, 2010 By Robert Scheer “Buyer’s remorse” is the way Sen. John Cornyn, the Senate Republicans’ fundraiser, gleefully refers to Wall Street moguls’ current disenchantment with the U.S. president they thought they had bought. They didn’t like it when Barack Obama, after a year of throwing trillions of American taxpayer dollars into the bailout sinkhole, dared remark that he had hoped there might be some return for ordinary folks tryin ...

Very Interesting interview. I didn't know this. Did you? http://www.msnbc.msn.com/id/31510813/#39620751 ...

http://communities.washingtontimes.com/neighborhood/tygrrrr-express/2011/oct/26/how-occupy-wall-street-protesters-destroy-working-/ ...

http://www.thegatewaypundit.com/2011/10/pro-obama-working-families-party-seeks-advertises-for-professional-activists-to-fight-wall-street/ ...

From November 2011 in an e-mail from Michael Moore: Here is what I will propose to the General Assembly of Occupy Wall Street: 10 Things We WantA Proposal for Occupy Wall Street, Submitted by Michael Moore 1. Eradicate the Bush tax cuts for the rich and institute new taxes on the wealthiest Americans and on corporations, including a tax on all trading on Wall Street (where they currently pay 0%). 2. Assess a penalty tax on any corporation that moves American jobs to other countries whe ...

That September drop you were expecting for gasoline prices? Don't hold your breath. Currently, gasoline averages $3.55 a gallon nationally, down from $3.63 a month ago. Most analysts had expected a drop to about $3.40 by early fall on seasonal demand slumping following the summer driving season. Not now. Some forecasters predict a short-term spike of up to 10 cents a gallon. Crude oil prices and gas futures are soaring on growing fears that if the U.S. military strikes at Syria for its h ...

I'm so confused. I thought Obama was a socialist/communist who intended to destroy capitalism. Turns out Wall Street has thrived with him office. I guess I shouldn't get all my news from Fox. ...

Hillary said she would release the transcripts. That never happened. ...

http://www.huffingtonpost.com/huff-tv/huffpost-editor-roy-sekof_b_353125.html ...

Of late I see an alarming increase is welfare-bashing "journalism." I see it in my local news, they actually try to chase around the food stamp "cheats" and catch them out. Lazy journalism, IMHO. Why don't you expose the real cheats, the white collar criminals whose fraud is really hurting the system and this country? My pay has halved within 3 years, almost to the point I am eligible for some of these programs, not that I want to be. But how can someone in our job not have the sligh ...

Perhaps the most startling discovery of the WikiLeaks dumps so far didn't come from the most recent emails surrounding the various Hillary scandals, though there are many great ones, but from 2008 when John Podesta served as co-chair of President-elect Barack Obama’s transition team. The email came from Michael Froman, a former Citibank executive, who single-handedly built the entire cabinet of what was supposed to be the "main street" President. Just remember this when the MSM ...

https://www.youtube.com/watch?v=VBIgiUK5gr8&sns=em The leaks are about her distance from middle class life, keeping a public and private position having a hemispheric common market with open trade and open borders ...

BTW, you do realize that our debt has gone OVER the $18 Trillion mark, don't you? It happened on the 15th, but that's another post.WASHINGTON (AP) — Federal agencies set a new record for improper payments last year, shelling out $125 billion in questionable benefits after years of declines. The payments included tax credits for families that didn't qualify, Medicare payments for treatments that might not have been necessary, and unemployment benefits for people who were act ...

GOP Rebuffs Dem Concession On Financial Reform Brian Beutler | April 18, 2010, 5:12PM Sen. Mitch McConnell (R-KY) Senate Republicans say they're prepared to work constructively with Democrats on a consensus financial reform bill. But this weekend, after the White House offered up a key substantive concession, they swatted President Obama's hand away in a fashion that was all too reminiscent of their strategy of opposition to health care reform. "We ought to g ...

bipartisanship. Pubs practicing more obstructionism ...

The left like those faux numbers coming out of the White House. ...

Larry Kudlow on the earthquake: "The human toll here looks to be much worse than the economic toll and we can be grateful for that," Kudlow responded. "And the human toll is a tragedy, we know that." Guess he just made a slip of the tongue. They usually aren't quite so blatant about their greed. ...

There are many lists now circulating of the biggest winners and losers from the election; oddly, however, none of the lists I’ve seen mentions just how bad this result is for Wall Street’s Masters of the Universe. The story, as you may recall, is that the financial industry — having brought both itself and the rest of the world to the edge of disaster — was bailed out by taxpayers. Yet far from being grateful, top financial types were furious at Obama for occasionally hi ...

As you know, there has been a "move your money" movement and the OWS occupation of Wall Street. Big banks, Goldman Sachs and JP Morgan have recently reported a big drop in profits. The smaller regional banks are doing okay. (Yes, there are some like Citibank where things are getting better, but they really had no other direction to go as they had already bottomed out). I just want to congratulate the 99% for making a difference on Wall Street and in Wisconsin.& ...

Here we go again. Sorry, but doesn't he realize we're broke yet? WASHINGTON (AP) — Millions of seniors in popular private insurance plans offered through Medicare will be getting a reprieve from some of the most controversial cuts in President Barack Obama's health care law. In a policy shift critics see as political, the Health and Human Services department has decided to award quality bonuses to hundreds of Medicare Advantage plans rated merely average. The $6.7 ...

when you’re protected by one. That’s exactly what former President Barack Obama did today. Grabien reports: Sitting alongside German Chancellor Angela Merkel, former President Obama lectured the current administration about its immigration policy Thursday. While not mentioning President Trump by name, Obama made clear to whom he was leveling his criticism. “In this new world that we live in we can’t isolate ourselves,” Obama said. “We can’t hide behind a wall.” ...

By Agence France-PresseMonday, January 11th, 2010 -- 11:06 pm Major US banks are gearing up to announce annual bonuses for top executives while bracing for a political firestorm over compensation practices that critics say fueled the global financial crisis. A number of multimillion-dollar bonus payments are likely, even though most of the payouts are likely to be in the form of stock, with restrictions aimed at discouraging excessive risk-taking at many banks. With announcements expected in ...

By Daniel TencerThursday, January 7th, 2010 -- 9:30 pm A lawsuit filed against investment bank Goldman Sachs by a shareholder alleges that the company spent more money on corporate bonuses than it earned in 2008. Shareholder Ken Brown's lawsuit is one of two suits filed against the company this week over its controversial decision to hand out billions of dollars in bonuses even after it was accused of playing a central role in the financial collapse of 2008 and receiving $10 billion in di ...

$23 billion could send 460,000 to Harvard, buy insurance for 1.7 million families" Here we go again! http://rawstory.com/2009/10/goldman-sachs-2009-bonuses-to-double-2008s-23-billion-could-buy-115-million-iphones-or-send-460000-to-harvard/ ...

It's been off the air for about 18 months. Really looking forward to seeing what Don, Roger, Peggy and Pete are up to! ...

According to interviews and confidential memos obtained by the Washington Post, the Pentagon last year produced — and quickly suppressed — a study that, according to one person familiar with the report, was akin to “[turning] on the light in a very dark room,” revealing $125 billion in waste in its administrative bureaucracy. According to the Post, the Pentagon ordered the Defense Business Board, an outside federal advisory panel made up of corporate executives and consultants from Mc ...

Wall Street Record Bonuses Return as Big 3 May Pay $30 Billion

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