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oo446611 (November 30, 1999 at 12:00 am)
Staff at six banks including Goldman Sachs and Citigroup are in line to pick up the payouts despite being the beneficiaries of a $700bn bail-out from the US government that has already prompted criticism. The government's cash has been poured in on the condition that excessive executive pay would be curbed.
oo446611 (November 30, 1999 at 12:00 am)
The Guardian errs a bit in that last sentence, of coure. Almost all of the "conditions" mentioned in connection with the bailout have no teeth whatsoever, no enforcement mechanism, no real penalities. They are more properly termed "suggestions," or rather, "PR exercises that we hope our Wall Street lords will deign to at least pretend to follow for a short time, until the heat is off."
oo446611 (November 30, 1999 at 12:00 am)
Financial workers at Wall Street's top banks are to receive pay deals worth more than $70bn (£40bn), a substantial proportion of which is expected to be paid in discretionary bonuses, for their work so far this year - despite plunging the global financial system into its worst crisis since the 1929 stock market crash, the Guardian has learned.
onstageagain (November 30, 1999 at 12:00 am)
The illegal alien populations, particularly in the 10 national Metro areas are the rattlers in the room. Using matricula consular cards, accompanied by a pay stub have allowed illegals to obtain 100% subprime mortgages. The top banks profiting from the illegal alien home loan racket are Wachovia and Bank of America.
onstageagain (November 30, 1999 at 12:00 am)
The illegal alien populations, particularly in the 10 national Metro areas are the rattlers in the room. Using matricula consular cards, accompanied by a pay stub have allowed illegals to obtain 100% subprime mortgages. The top banks profiting from the illegal alien home loan racket are Wachovia and Bank of America.
ChristiansMustLearn (November 30, 1999 at 12:00 am)
wake up.Fight the federal reserve system. Call on the Green, LIbertarian and Constitutional party to get together and vote for the united party they create. The time is too near for nonsense bickering. divided we fall.
burnerdown1 (November 30, 1999 at 12:00 am)
BAD GOVERNMENT!!!! CANT YOU GUYS GET IT, GET RID OF THE ASS OF A LEADER YOU HAVE AND ELECT SOMEONE WHO WANTS THE WORLD TO PROSPER, INCLUDING YOURSELVES, TALK ALL THE HELL YA WANT IN BLAMING EVRYONE ELSE, HOW MUCH ARE YAS IN DEBT???? think about it people, this has been predicted for what,,,,how long!!!the world is a restaurant, to serve the americans, we are not expecting a tip cause your greenback aint worth starting a fire. SIMPLY PUT!!!!!
chexfive (November 30, 1999 at 12:00 am)
businesses can't seem to understand when the PEOPLE make a good living it is filtered back up to the corporations and people can live decent happy lives. When you compete with slaves in china all wages drop,people loose everything, corporations loose money because people can't buy and on top of everything 85% of the people wind up being slaves and live in misery. Just what the globalist want for their world wide and space driven agenda. It pretty bad when your worth more dead than alive.
armghan (November 30, 1999 at 12:00 am)
I would be one driven into poverty by credit cards, and just go down south and see for yourself poverty in USA, and credit system that expolites these poor most black and latinos.
Joyriser (November 30, 1999 at 12:00 am)
Global depression? Eeeeeeeeeerrrrrm YES! |
