Goldman Sachs's bonuses

Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

sasguru replied

20 January 2011, 09:26
Originally posted by Bunk View Post

No, because under AtW's rules you must hold the shares for 999 years to stop spekulants

Lucky that AtW is a mediocre geek trying to sell some socially useless software rather than a mover and shaker then.
Leave a comment:
Bunk replied

20 January 2011, 09:22
Originally posted by sasguru View Post

If the shareholders don't like it they can always sell, you Soviet buffoon.

HTH

No, because under AtW's rules you must hold the shares for 999 years to stop spekulants
Leave a comment:
sasguru replied

20 January 2011, 09:18
Originally posted by AtW View Post

The point is - real owners of banks: the shareholders, get a raw deal - staff is helping themselves to pay more than they actually earn for real owners, is there any other "industry" that dares to act like this?!?!

If the shareholders don't like it they can always sell, you Soviet buffoon.

HTH
Leave a comment:
Freamon replied

20 January 2011, 08:02
Originally posted by AtW View Post

The point is - real owners of banks: the shareholders, get a raw deal - staff is helping themselves to pay more than they actually earn for real owners, is there any other "industry" that dares to act like this?!?!

Yes, all companies do. Companies only care about shareholders insofar as it benefits the company.
Leave a comment:
Lockhouse replied

20 January 2011, 08:01
Originally posted by AtW View Post

The point is - real owners of banks: the shareholders, get a raw deal - staff is helping themselves to pay more than they actually earn for real owners, is there any other "industry" that dares to act like this?!?!

I work in banking and I do have sympathy with this viewpoint. Never thought I'd agree with AtW.
Leave a comment:
AtW replied

20 January 2011, 00:30
The point is - real owners of banks: the shareholders, get a raw deal - staff is helping themselves to pay more than they actually earn for real owners, is there any other "industry" that dares to act like this?!?!
Leave a comment:
suityou01 replied

19 January 2011, 22:41
Originally posted by MarillionFan View Post

WHS.

At the end of the day, if you want to earn big bonuses then try and get a job at a big bank.

rob
Leave a comment:
MarillionFan replied

19 January 2011, 22:39
Originally posted by sasguru View Post

Quit yer moaning and take your shafting quietly.
If you want a piece of the action join a bank.
And even the worse bank is more socially useful than you, AtW, with your piece of software that will be used simply for marketing purposes.

HTH

WHS.

At the end of the day, if you want to earn big bonuses then try and get a job at a big bank.
Leave a comment:
sasguru replied

19 January 2011, 22:35
Quit yer moaning and take your shafting quietly.
If you want a piece of the action join a bank.
And even the worse bank is more socially useful than you, AtW, with your piece of software that will be used simply for marketing purposes.

HTH
Leave a comment:
Paddy replied

19 January 2011, 19:55
Leave a comment:
suityou01 replied

19 January 2011, 19:30
Originally posted by AtW View Post

"Bank plans $15.38bn (£9.6bn) staff reward despite profits in the fourth quarter tumbling by more than half from $4.95bn to $2.39bn.

The best-known bank on Wall Street saw profits for 2010 decline to $8.4bn from $13.4bn in 2009"

Source: Goldman Sachs fourth-quarter profits slide - Telegraph

Just wot the fook is going on here - bank pays out double actual profits? The stuff they pay out is real cash, but who can say that those profits booked were not just accounting adjustments on tulip assets they bought?!?!

Simple way to deal with bank or any other bonuses - they should not be more than 10% than dividends paid to shareholders.

Strategic losses, creative accounting. These guys are a masterclass in financial skullduggery.
Leave a comment:
AtW started a topic Goldman Sachs's bonuses

19 January 2011, 19:07
Goldman Sachs's bonuses

"Bank plans $15.38bn (£9.6bn) staff reward despite profits in the fourth quarter tumbling by more than half from $4.95bn to $2.39bn.

The best-known bank on Wall Street saw profits for 2010 decline to $8.4bn from $13.4bn in 2009"

Source: Goldman Sachs fourth-quarter profits slide - Telegraph

Just wot the fook is going on here - bank pays out double actual profits? The stuff they pay out is real cash, but who can say that those profits booked were not just accounting adjustments on tulip assets they bought?!?!

Simple way to deal with bank or any other bonuses - they should not be more than 10% than dividends paid to shareholders.
Tags: None