But these days that old dictum is being truncated to just “greedy” by some Goldman critics. While many ordinary Americans are still waiting for an economic recovery, Goldman and its employees are enjoying one of the richest periods in the bank’s 140-year history.
Group items matching
in title, tags, annotations or urlAmerican Thinker Blog: No Science, Please � We're British - 0 views
bonuses-put-goldman-in-public-relations-bind: Personal Finance News from Yahoo! Finance - 0 views
-
-
For Goldman employees, it is almost as if the financial crisis never happened. Only months after paying back billions of taxpayer dollars, Goldman Sachs is on pace to pay annual bonuses that will rival the record payouts that it made in 2007, at the height of the bubble. In the last nine months, the bank set aside about $16.7 billion for compensation — on track to pay each of its 31,700 employees close to $700,000 this year. Top producers are expecting multimillion-dollar paydays.
-
But its strong financial showing — a profit of $3.19 billion in the third quarter — was overshadowed by Goldman’s swelling bonus pool. Goldman set aside nearly half of its revenue to reward its employees, a common practice on Wall Street, even in this post-bailout era.
- ...2 more annotations...
The Tea Parties are a joke - 1 views
"What Did We Actually Do Right?" On the Unexpected Success and Spread of Occupy Wall Street | | AlterNet - 0 views
-
For those who desire to create a society based on the principle of human freedom, direct action is simply the defiant insistence on acting as if one is already free.
-
Actually, the development of consensus process, which is probably the movement’s greatest accomplishment, emerges just as much from the tradition of radical feminism, and draws on spiritual traditions from Native American to Quakerism. This is where the whole exotic language of the movement comes from: facilitation, “the people’s microphone,” spokescouncils, blocks; though in the case of Occupy Wall Street, augmented and transformed by the experience of General Assembly movements across the Mediterranean.
-
But the experience of actually watching a group of a thousand, or two thousand, people making collective decisions without a leadership structure, let alone that of thousands of people in the streets linking arms to holding their ground against a phalanx of armored riot cops, motivated only by principle and solidarity, can change one’s most fundamental assumptions about what politics, or for that matter, human life, could actually be like.
- ...1 more annotation...
The Greatest Threat to Global Food Security: Capitalism - 0 views
-
Certainly one of our most fundamental of human needs is our ability to grow and procure adequate nutrition.
-
Giant multinational corporate entities like Cargill, Nestle, Monsanto, ConAgra and Archer Daniels Midland
-
US Agribusiness spent $137 million on lobbying efforts to promote corporate interests through the purchase of favorable legislation
- ...6 more annotations...
« First
‹ Previous
421 - 431 of 431
Showing 20▼ items per page