Demonizing Goldman Leaves Wall Street Off the Hook

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http://www.huffingtonpost.com/georges-ugeux/demonizing-goldman-leaves_b_365663.html
Published in Huffington Post November 20, 2009 by Georges Ugeux
Demonizing Goldman Leaves Wall Street Off the Hook
This week’s favorite game was attacking Goldman Sachs for its outrageous compensation system, including expectations that the total bonus package for its employees might reach $ 22 billion. There is no doubt that, by any standards, such an amount is a record number per employee with $750,000 tying some of Goldman’s highest payout years in recent memory. What this really does is create the real situation where never in history has the distance between Wall Street and Main Street been wider, and more shocking

Published in Huffington Post November 20, 2009 by Georges Ugeux

This week’s favorite game was attacking Goldman Sachs for its outrageous compensation system, including expectations that the total bonus package for its employees might reach $ 22 billion. There is no doubt that, by any standards, such an amount is a record number per employee with $750,000 tying some of Goldman’s highest payout years in recent memory. What this really does is create the real situation where never in history has the distance between Wall Street and Main Street been wider, and more shocking.

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