Goldman Sachs enters £8bn 'parallel pay universe'

[malaise]

http://www.guardian.co.uk/business/2012/jan/18/goldman-sachs-pay-anger
<snip>
Bankers at Goldman Sachs have been accused of living in a parallel universe after the Wall Street firm announced it had set aside £8bn to pay its staff in 2011 – an average of £238,000 each.

Against a highly charged political backdrop in which the government is pledging to tackle top pay, the potential payments sparked anger among unions and were used as fresh ammunition by campaigners calling for a tax on financial transactions.

A spokesman for the Robin Hood Tax campaign said: "When even in a bad year each Goldman employee pockets an average of $367,000 – nearly 10 times the average UK salary – it is proof that banks live in a parallel universe."

The TUC's general secretary, Brendan Barber, said: "Goldman Sachs are brazenly defying their own sliding profits by dishing out pay and top bonuses worth £240,000 a head. This latest example of excessive rewards for mediocrity should give the government the green light to get tough on top pay.
-----------------------------
Keep this up morons!

[Octafish]

1. Knights of the Realm deserve no less.

The serfs and piss-ants, not so much.



What happened to the Old World Order is what the New World Order worries about.

[malaise]

2. History may repeat itself

These are mindless greedy scumbags

[Octafish]

3. Me, I'm a non-violent person.

The people ripping me and most everyone else off, count on that.

The government used to be the honest broker, making things fair, more democratic.

So, they bought it. I'd say soon, the USA will be just like Haiti. But there's really no comparison. The USA has so much more money concentrated in even relatively fewer hands, that it will make Haiti will look like worker's paradise.