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Bailout money used to pay the bankers in bonuses

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  • 14-08-2009 12:37pm
    #1
    ei.sdraob
    Closed Accounts Posts: 9,376 ✭✭✭


    http://www.usfst.com/Bonuses-break-the-bank/
    The numbers are mind boggling: Goldman Sachs, for instance earned $US2.3 billion, paid out $US4.8 billion in bonuses and received $US10 billion in TARP funding, while JP Morgan Chase earned $US5.6 billion, paid $8.69 billion in bonuses and received $25 billion in TARP funding.


    i wonder whether this is happening in Ireland too :mad:


Comments

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    #2
    Économiste Monétaire
    Closed Accounts Posts: 2,208 ✭✭✭Économiste Monétaire


    GS and JP Morgan have repaid their TARP money.


  • Options
    #3
    tlev
    Closed Accounts Posts: 320 ✭✭tlev


    These guys still need to pull in the top talent. Incentives are needed.


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    #4
    ei.sdraob
    Closed Accounts Posts: 9,376 ✭✭✭ei.sdraob


    tlev wrote: »
    These guys still need to pull in the top talent. Incentives are needed.

    some talent i say :D


  • Options
    #5
    ejmaztec
    Registered Users Posts: 24,079 ✭✭✭✭ejmaztec


    Didn't they have a lot of "talent" last year?:eek:


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