I'm sure you'll all be as pleased as I was to hear this news ("Bonuses bounce back on Wall Street"):
Financial markets are recovering and the jostling for talent is intensifying as securities firms once again are making money - and they look set to spread the wealth with their employees should the good times continue.
Based on earnings forecasts for 2009, Goldman Sachs Group Inc. is on track to pay out $20-billion this year, or about $700,000 per employee. That would be nearly double the firm's $363,000 average last year, and slightly higher than the $661,000 for the average Goldman employee in fiscal 2007, according to analyst estimates reviewed by The Wall Street Journal.
Hey, as long as it's going to people who actually work for their money and not some pathetic parasites who go running to the government every time they're in trouble.
They don't run to the government, they run the government.
Posted by: Marcus | Wednesday, July 15, 2009 at 10:26 AM