Goldman: “Rabble, be silent! We are gods and shall get paid acco
Goldman Board Rejects Shareholder Demands on Pay
NEW YORK – Goldman Sachs Group Inc’s (GS.N) board has rejected demands from shareholders that the firm investigate recent compensation awards, recoup excessive compensation and reform pay practices.
Wall Street’s dominant bank, criticized for paying billions of dollars in bonuses soon after the taxpayer bailout of the banking industry, reported the board’s decision in a regulatory filing on Monday.
Goldman reported a record profit in 2009 and was on pace to pay more than $20 billion in compensation heading into the fourth quarter. But facing public ire, it capped compensation expenses at $16.2 billion for the year.</em>
Until these bottomfeeding cretins begin getting hung from the neck next to the golden calf on Wall Street, they are never going to stop robbing us. They own Washington, laws mean nothing- pure greed is the air they breathe.
Make an example of a few.
