"We're very aware of what's going on in the world, but we have to trade that off with being fair to our people who, we believe, have performed admirably throughout this crisis." - David Viniar, CFO, Goldman Sachs.
I don't even know what to say, except wave a white flag of resignation. Main street's always gonna pay for Wall Street's fuckery. Be as fair as you want to your people, but what about the taxpayers whose hard earned dollars put you back in shape? They are still unemployed, their household income still remains low, there is still tension floating in the jobs market, the financial market and hell the crisis still has a long long long way to go before we see positive signs of recovery worldwide (not to mention the US government's trillion dollar debt per year for the next infinite - exaggerated, I know - number of years). Paying your employees a renumeration of $527,000 per person doesn't even out your $200m charitable contribution - it's noble but it's not enough.
Yes I am bitter.
Even if I have no direct relation with Goldman Sachs, in a grand scheme of things, whatever fuckery that goes on Wall Street inevitably affects me, and the income of my household, 10,000 miles away. (The ironic thing is, five years later after graduation, if Goldman Sachs offers a job, I'd take it without a second's hesitation. Yes I'm a hypocrite - so I've been told)
Wednesday, October 21, 2009
wall street 213129839012831 - 0 main street
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