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    Repiglican Roast

    A spirited discussion of public policy and current issues

    Name:
    Location: The mouth of being

    I'm furious about my squandered nation.

    Tuesday, September 23, 2008

    $39 billion: The Wall Street bonuses for the big five investment banks last year.

    In 2007, Wall Street’s five biggest firms — Bear Stearns, Goldman Sachs, Lehman Brothers, Merrill Lynch, and Morgan Stanley — paid a record $39 billion in bonuses to themselves.

    That’s $10 billion more than the $29 billion loan taxpayers are making to J.P. Morgan to save Bear Stearns.resp.gif

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