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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (13944)	12/17/2008 12:26:40 PM
From: roto	2 Recommendations Read Replies (2) of 50053

do not know if this was acknowledged but I found this GS newsworthy. maybe it is not that odd that we need to access foreign periodicals concerning the contagions on WallStreet. news.sky.com The bank revealed the figure, worth around £55,000 per employee, as it posted its first quarterly loss since becoming a public company in 1999. A spokesman for the bank, which recently received a $10bn handout from the US government, said the bonus pot totalled £1.67bn. The chief executive and six senior colleagues will not take a share, having agreed to give up the perk. A spokesman rejected reports that the bonuses could amount to as much as £4.3bn - or £142,000 for each worker including the 5,000-plus employed in London. Salaries and benefits, including bonuses, were paid out of earnings, not capital, he added.

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