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https://www.nytimes.com/2009/07/31/business/31pay.html https://www.nytimes.com/2009/07/31/business/31pay.html > Thousands of top traders and bankers on Wall St
by mistermann 7y ago
https://www.nytimes.com/2009/07/31/business/31pay.html https://www.nytimes.com/2009/07/31/business/31pay.html
> Thousands of top traders and bankers on Wall Street were awarded huge bonuses and pay packages last year, even as their employers were battered by the financial crisis.
> Nine of the financial firms that were among the largest recipients of federal bailout money paid about 5,000 of their traders and bankers bonuses of more than $1 million apiece for 2008, according to a report released Thursday by Andrew M. Cuomo, the New York attorney general.
> At Goldman Sachs, for example, bonuses of more than $1 million went to 953 traders and bankers, and Morgan Stanley awarded seven-figure bonuses to 428 employees. Even at weaker banks like Citigroup and Bank of America, million-dollar awards were distributed to hundreds of workers.
The amount of economic waste involved in people having silly arguments over their perceptions of reality would likely be a horrifying large number if one was to see it.
- perl4ever 7y agoIf a million, a billion, and a trillion are all equal, or equal to whatever big number you want them to be at any given moment, then what's the point of discussing anything?
- mistermann 7y agoIs this in reference to my comment? If so, I'm not seeing what you're getting at...