File under: What are they thinking?

[BigPapaVol]

the fiancial index was down 4.7% yesterday. this move by goldman is unquestionably a huge positive for hte stock.

don't be silly. It's because Goldman looks like the clear winner in that space and just announced that they've made a fortune. The market always takes this type of information very poorly.

 

[allvol123]

Holy shiznit LG, look at this:

http://www.nytimes.com/2009/06/24/business/24citigroup.html?_r=1&ref=business

The troubled banking giant, which to many symbolizes the troubles in the nation’s financial industry, intends to raise workers’ base salaries by as much as 50 percent this year to offset smaller annual bonuses, according to people with direct knowledge of the plan

 

[Jewbaccah]

Having thought about it, I suppose you're right. They don't have to concern themselves at all about the general public's perception of systemic inequity.

Do you work Pro-Bono for the poor? Are you dedicating your weekends to solving this systemic inequity?(work in politics does not count) Confucius says one who throw rock best not have house of glass.