Ghetto Finance Fri 1/08/10: Good gig if you can get it

http://www.huffingtonpost.com/2010/01/08/goldman-sachs-shareholder_n_415986.html

Goldman’s 2008 financial performance (via Andrew Cuomo’s report):

Goldman earned $2.3 billion, paid out $4.8 billion in bonuses and received $10 billion in TARP funding.

Me:  Looks like the pissed off lawsuits are coming, and I can’t say I sympathize with Goldman.  That’s not pay for performance, that’s pay as a psychological addiction.

[Via http://thecrosspollinator.wordpress.com]