Quote:
Originally Posted by 8ballrollin
This report doesn't say how long the bonus pool had been set aside, and I realize on Wall Street you eat what you kill, but to have a $2.5B bonus pool for 10,000 people as the walls of the firm crash down on shareholders is a bit much. They're lucky the shareholders don't just get out their pitchforks and torches to exact retribution.
It looks as if the shareholders are the only party not divorced from risk.
http://www.independent.co.uk/news/bu...ff-937560.html
(link from drudge) |
Sure, you can make this sound bad, but you have to realize that something like $1B of that will go to 10 or 20 people, so that only leaves like $150,000 per person for the rest of them.