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Oct 25, 2009

Barr: Who Cares If Wall Street Talent Leaves?

Colin Barr, Fortune: There’s no need to fear a Wall Street brain drain — despite the crackdown on pay by Washington. After all, the traders and suits in the corner offices don’t exactly have an unblemished track record. In 2008, Citigroup, BofA and Merrill Lynch (since acquired by BofA) posted a grand total of $51 billion in losses. Yet even as they were running themselves into the ground, the firms managed to pay out more than $12 billion in bonuses — including 1,606 million-dollar-plus bonuses, according to a report from the New York attorney general’s office….
Full article: Barr: Who Cares If Wall Street Talent Leaves?

Barr: Who Cares If Wall Street Talent Leaves?

Trackback • Posted by tcothub in Politics category

Cecil Lee Russell says:

October 25, 2009 at 1:15 pm

There is no doubt that communism is embedded into American social culture to stay and until these communists, most of who support Obama, force the country into another civil war, they will get a free pass. Who are these communists? A most appropriate description was written by none other than ultra communist George Lucas himself. The storyline became the script of the hugely popular “Star Wars.” The communists in America today are the people supporting the Empire and the Emperor of the movie. The rebel alliance of the movie is the tea party, the birthers, the patriot movement, the tax protesters, conservatives and a handful of Republicans who prefer the contempt and disdain of the Democrats to the selling out of their own soul.
I find it interesting that the wall street execs getting their salary cut are not supporters of the democrat party while those allowed to keep their “ill gotten gains” are supporters of the democrat party. Throughout history, every time the tyrants ascend to positions of power, many of their own supporters ultimately get turned on and destroyed. I for one, have no sympathy for anyone who supports democrats and then loses home or job or retirement benefits because Obama is not cleaning up any mess someone else made. Obama himself voted for and petitioned for every economic ill America faces today. This mess is a democrat creation assisted by idiots in the Republican Party like Olympia Snow, John McCain and George Bush. Democrats created it and democrats voted into office the very people who caused this economic chaos. The solution is really quite simple. Deport Democrats not illegals!!!