Goldman agonized over pay cuts as profits suffered

Comments (3)
KyuuAL wrote:

No cuts to executive salaries, bonuses, etc.?

Jan 17, 2013 6:43am EST  --  Report as abuse
Vuenbelvue wrote:

$2.97 billion in profit in the last quarter? Time to party. The planet must get awful small to these super wealthy folks after a decade or so of doing and going anywhere you wish in a 4 star way. They are one of the last men standing and a go to for a $500 million loan.

Jan 17, 2013 10:00am EST  --  Report as abuse
Harry079 wrote:

“There’s only one way to get returns up on Wall Street, and that’s to cut the compensation of the employees,”

Also known as the “Forced Greek Model”.

In order to pay the interest on our bonds we have to make the people suffer.

Too bad, so sad.

Jan 17, 2013 10:22am EST  --  Report as abuse
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