Springbok Posted November 9, 2006 Report Share Posted November 9, 2006 Capitalism at its best, but it's actually a sin to think that $36 Billion (or R266 billion) will be dished out as bonuses to 173,000 people at these 5 banks. Our society rewards paper shufflers, derivative traders and the money changers of Solomon's Temple. What a greedy place the world has become...Bonuses at Wall Street Big Five Surge to $36 Billion "The average windfall for each individual at the five largest U.S. securities firms will be enough to buy a $165,000 Bentley Continental GT, the two-door coupe favored by Paris Hilton and Cher." "Koppelman is readying a $150,000 red 2005 Ferrari 360 Modena F1 convertible for a customer who will be getting his first bonus since graduating from business school two years ago. " Quote Link to comment Share on other sites More sharing options...
Springbok Posted November 9, 2006 Author Report Share Posted November 9, 2006 Sydney starting to pay upnot lagging too far behind... Quote Link to comment Share on other sites More sharing options...
Alwyn Posted November 9, 2006 Report Share Posted November 9, 2006 One would think that competition between companies for customers should drive margins down to the level that companies have to work hard to be in the black. As this is not happening I must assume that customers are too easily satisfied with levels of service and charges. Quote Link to comment Share on other sites More sharing options...
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