Goldman Sachs So Corrupt: They Sought Heavy Protection

[bobbyw24]

As Goldman Sachs prepared to announce its fourth quarter earnings and employee compensation levels yesterday, the bank had bomb-sniffing dogs and police barricades on hand at its New York City headquarters, the New York Post reports.

The decision to boost security as its offices was apparently driven by growing fervor over the bank's huge profits and bonuses. Yesterday, the bank announced that it earned $13.4 billion for the year, and set aside $16 billion for employee compensation. Goldman was widely expected to set aside approximately $20 billion for employee pay, but CFO David Viniar suggested yesterday in a call with reporters that the bank wasn't blind to the "pain and suffering in the world" and "wasn't deaf to the calls for restraint."

Viniar's remarks indicate an abrupt change in tone among Goldman Sachs execs. In November, CEO Lloyd Blankfein -- who had previously bragged that the bank was doing "God's work" -- said the following at an industry conference:

I often hear references to higher compensation at Goldman. What people fail to mention is that net income generated per head is a multiple of our peer average. The people of Goldman Sachs are among the most productive in the world."

More Here...

http://www.huffingtonpost.com/2010/01/22/goldman-sachs-had-bomb-sn_n_432750.html

Posted by Economic Analyst at 9:06 AM

 

[FindLiberty]

Ah yes. And why not, what would you have done if you were in his shoes?

CFO David Viniar suggested yesterday in a call with reporters that the bank wasn't blind to the "pain and suffering in the world" and "wasn't deaf to the calls for restraint."

Therefore he continued to stuff wads of money deeper down into his pants pockets as he ran away to hide while ordering up more protective...

bomb-sniffing dogs and police barricades ...[at his]... New York City headquarters

We can't expected him to solve all of the world's problems!

 

[cbc58]

Easy to make money when you control the system. Take away their executive powers and let's see what happens.

It may come down to ticked off x military taking matters into thier own hands and going after the bastards that put us here... taking them out permanently. All the money in the world doesn't do you any good if you're six feet under.

 

[fj45lvr]

Easy to make money when you control the system. Take away their executive powers and let's see what happens.

It may come down to ticked off x military taking matters into thier own hands and going after the bastards that put us here... taking them out permanently. All the money in the world doesn't do you any good if you're six feet under.

Jesse Ventura and some of his old work buddies anyone??

No Justice No Peace