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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (75554)	12/13/2006 3:57:20 PM
From: loantech	Respond to of 110194

I need one of those bonuses. <G> For 50 mill I could give 48.5 to charity and be pretty flush.

To: benwood who wrote (75554)	12/13/2006 4:01:46 PM
From: Mike Johnston	Respond to of 110194

And so wealth shifts to those closest to the printing presses. How about them bonuses at Goldman Sachs! Must be nice to be so close to the new, hot money Your comments are right on the money ! This process has been going on for a while now. Not only retirees get cheated on their SS payments, their savings are losing value while prices go up. A triple whammy. GS guys make tons of money yes, but 20 years ago the best mansions in Palm Beach would go for $5-8 million or so. Now a mansion of that caliber would go for what $40-50 million ? In a couple of years a $100 million Christmas bonus will be the new benchmark.