Thursday, February 3, 2011

Re: Good News! Wall Street bonuses up 5.7% - $135 billion

We know who led the push to give our tax dollars to the boys on WS.
Barney Frank, (D-MA), the Chairman of the House Financial Services
Committee, and Gary Ackerman (D-NY).

One of the ploys of manipulation and bribery by the powerful Jewish
Lobby is to send Senators & Congressmen on lavish trips to Israel. In
January of 2007, the issue of these trips was 'discussed' in Congress.
But Barney Frank made sure that the Congressional junkets to Israel
would continue.

NY Congressman Gary Ackerman is another bought politician. The
American Israel Public Affairs Committee (AIPAC) has a special Web
Site promotion of Ackerman — just for him! Why? He's been bought,
that's why.


On Feb 2, 4:02 pm, studio <tl...@hotmail.com> wrote:
> Even after Wall Street's greed nearly collapsed the banking system and
> forced hundred of billions in taxpayer-funded bailouts, bankers are
> still finding ways to line their own pockets.
>
> The Wall Street Journal is reporting that bonuses at publicly traded
> banks hit $135 billion in 2010. That's a record high for compensation
> on Wall Street. It works out to about $141,000 per employee.
>
> This $135 billion represents a 5.7 percent increase in combined
> compensation for the same group of companies in 2009.
>
> Unlike before the market crash of 2008, Wall Street is taking measures
> to at least look like it's reformed. The bulk of the increase in
> compensation is in two areas: increased base salaries and deferred
> compensation. Both are an attempt to blunt previous criticism of
> traders taking a "short term" mentality and unwise risk-taking.
>
> http://www.wyattresearch.com/article/wall-st.-bonuses-record-135-bill...

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