Goldman Sachs pay and bonus pool hits $13bn

[EternalOptimist]

GS is a publicly traded company - owned by shareholders, not staff who seems to help itself to the money at the expense of shareholders.

$13 bln is enough to pay for those aircraft carriers with proper kit, all in one year - that's just from one bank.

If the money was going to brits, the aircraft carrier parallel would be a good one, but its not so it isnt

[AtW]

If the money was going to brits, the aircraft carrier parallel would be a good one, but its not so it isnt

Combined City bonus pool in the City every year is something like £7 bln.

City set for '£7bn' bonus pool but taxman gets bigger slice - Telegraph

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Get 100% of it for one year and this country has got 2 proper aircraft carriers that carry actual aircraft. Five such years and UK will match USA in aircraft carriers

[The_Equalizer]

I am not sure I have ever understood how they (the banks) work. However, if private banks can create debt bearing interest out of nothing (and/or come up with complex financial 'products' to trade off the back of these loans) then they are always going to have the complete upper hand. Is it this dead simple, or am I being dead simple?

[sasguru]

GS is a publicly traded company - owned by shareholders, not staff who seems to help itself to the money at the expense of shareholders.

.

You're not a GS shareholder so what does it matter to you?

[GreenLabel]

Five such years and UK will match USA in aircraft carriers

...and the UK will also match North Korea in banking and finance.

[sasguru]

Combined City bonus pool in the City every year is something like £7 bln.

City set for '£7bn' bonus pool but taxman gets bigger slice - Telegraph

--

Get 100% of it for one year and this country has got 2 proper aircraft carriers that carry actual aircraft. Five such years and UK will match USA in aircraft carriers

I sincerely hope you've got in some professional management to run SKA, as you're too stupid to.

HTH.

[AtW]

You're not a GS shareholder so what does it matter to you?

I am a taxpayer who helped to bail out GS among other banks.

[sasguru]

I am a taxpayer who helped to bail out GS among other banks.

The puny tax you pay on your tiny earnings couldn't bail out the corner shop.
And you don't pay tax in the US, so didn't bail out GS anyway.
And GS paid back the money making a 23% return for the US taxpayer.

You really fell out of the stupid tree and hit all the branches on the way down, didn't you?

[EternalOptimist]

I am a taxpayer who helped to bail out GS among other banks.

Its not too late to bin SKA , and apply for the post of squadron leader on the 43,000 ton, Nuclear powered GSS 'Equity'

[vetran]

If they don't owe the government money then they can do what they legally like with their money. If they are creaming too much off their customers then that's where competition and regulation comes in.