The same bastards who double-crossed you with the s*** mortgage securities will be having a grand one as they have foreclose upon millions of you.
"Fear of upper-income tax hit may spur early Wall Street bonuses" by New York Times / December 6, 2010
NEW YORK — Worried that lawmakers will allow taxes to rise for the wealthiest Americans beginning next year, financial firms are discussing whether to move up their bonus payouts from next year to this month.
Actually, no they will not because that's who they now serve.
Actually, no they will not because that's who they now serve.
At stake is a portion of the hefty annual payouts that are a familiar part of the compensation culture on Wall Street, as well as a juicy target of popular anger.....
The top five Wall Street firms have put aside nearly $90 billion for total pay this year, and they are expected to raise that amount using their end-of-year earnings. That would make this year one of the best ever for bank pay....
Well, ISN'T THAT JUST FABULOUS!
Goldman Sachs is one of the companies discussing how to time bonus season, according to three people who have been briefed on the discussions.
Bank executives have spent months sketching out several options for their bonus plans, including the possibility of an earlier payout.
Lawmakers have been trading accusations across a partisan divide, but after this weekend, it appears likely a compromise will extend the tax cuts for all income levels.
Well, the billionaires were already getting a cut on their first $250,000 if the controlled-left talk radio is to be believed -- not that it matters this morning.
Even so, the banks’ discussions underscore how focused the industry is on protecting every dollar of pay.
That is SUCH a DISGUSTING SENTENCE it makes one SICK!
Bankers are truly the most VILE SCUM on the PLANET!!
Bonus payouts are traditionally shrouded in secrecy; companies must disclose their top executives’ pay but do not disclose the size of their bonus pools.
Why?
Isn't it the CUSTOMER'S MONEY?
Wall Street firms pay out billions of dollars in bonuses each year.
As the American worker and middle class get destroyed.
In good years, top executives can receive bonuses worth tens of millions of dollars. Even midlevel financial workers often earn above $250,000 a year, and they receive most of their compensation as bonuses paid early in the new year....
You better get it early, you leeches.
--more--"
Oh, I don't think Wall Street need worry.
Related:
Parties move to compromise to extend tax cuts
President Obama struck a tentative deal with congressional Republicans yesterday to extend all of the Bush-era tax cuts in exchange for an extension of unemployment benefits, a move the president said would avoid a damaging stalemate but which infuriated liberal Democrats and left unclear whether the plan could be passed by Congress.
Why should liberals be infuriated?
They have been dumped on for two years now. Are they not used to it?
Also see: "Obaaama why does the "antiwar" left continue to make excuses for him?"
His views encapsulate much of my own.
More: Bernanke warns about rising inequality
That's a joke, right?
Galvin wants court OK before homes are seized
Oh, yeah, that's the flip side to the Wall Street mortgage security scam: the banks also illegally seized homes to save their balance sheets and increase their assets.
They are vampires, folks -- and what are you supposed to do to vampires?
Yes, the MONSTERS are REAL and they DO NOT wear CAPES and talk with marbles in their mouths!
They WEAR SUITS and "WORK" on WALL STREET!!!
