PANIC ON WALL STREET: NO BONUS

Many people on Wall Street on going to find the envelope empty, or maybe a greeting. It’s not that there wasn’t a ton of money grabbed out of the system, it’s just that it is difficult to describe theft as profit. And the bonus issue is massive PR nightmare so they raised base salaries and cut the bonuses. Still the Wall Street players are crying over the loss of massive bonuses absurd by any metric.

But here is the good news. In other countries at other times in history, your heads would have been removed from the rest of your body. That didn’t happen. That’s a bonus, isn’t it?

Posted in bubble, Corruption, Eviction, securities fraud |