4 ms·
The finance industry went through a huge contraction during the crisis. It was not smooth sailing on some sweet government money.
by dyno12345 14y ago
The finance industry went through a huge contraction during the crisis. It was not smooth sailing on some sweet government money.
- icebraining 14y agoSure, they fired a lot of employees, but I wasn't exactly talking about the branch managers or salaried analysts when I said bankers. The Lehman Brothers executives still paid themselves $100M three days before the bankrupcy, and the others weren't exactly on ramen noodles either.
- dasil003 14y agoNevertheless we the people paid for the risk with none of the upside.