'Counting the money'

Yesterday I quoted Matt Taibbi on Goldman Sachs:

Imagine a meat company that bred ten billion rats, fattened them on trash and sewage, ground their bodies into chuck, and then sold it all as grade-A ground beef to McDonald’s and Burger King, right under the noses of the USDA: this is exactly the same thing, only with debt instead of food. We’re eating it, they’re counting the money.

Then I found this proof that they are “counting the money” (bolds are mine):

Goldman Sachs staff can look forward to the biggest bonus payouts in the firm’s 140-year history after a spectacular first half of the year, sparking concern that the big investment banks which survived the credit crunch will derail financial regulation reforms.

A lack of competition and a surge in revenues from trading foreign currency, bonds and fixed-income products has sent profits at Goldman Sachs soaring, according to insiders at the firm.

Staff in London were briefed last week on the banking and securities company’s prospects and told they could look forward to bumper bonuses if, as predicted, it completed its most profitable year ever.

Meanwhile, this is how the rest of the country is dealing with the recession:

Buttons making fun of being unemployed.

In all seriousness, I’d like to know if the government is even looking into wrong doing at Goldman Sachs. I’d be surprised if some kind of law wasn’t broken while they profited handsomely from a recession and government bailouts.

One Comment

  1. Andrea

    I’m feeling the Happily Jobless one.