Thursday, December 18, 2008

Goldman Sachs Paying Bonuses from Bailout Money

Goldman Sachs has been reported as paying bonuses out of the bailout money they got from the government (taxpayers. They supposedly didn't have the exact figures but stated that they had to pay the money to retain high producing individuals.

Oh Really! I wonder just where they would go since all brokerages and investment and insurance companies are cutting back on personnel. Do we really believe they will say change fields since they can't go to another company? Or will they just suffer along like the rest of us until times get better. These blatant corporate lies that insult our intelligence really make me steam and want to just say let them go under in bankruptcy because those of us who are suffering think they should too.

Joe

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