ALL BUSINESS: Lobbyists influence financial reform

Courtesy Newsvine - business  Fri, 10/16/2009 - 22:51

Get over it, America. Wall Street bankers make too much money. The latest example: Goldman Sachs says it has set aside $16.7 billion so far this year for compensation — or about $530,000 per employee.

Not bad for a company that a year ago received $10 billion in federal money as well as $12.9 billion from the government's bailout of American International Group Inc.


 

Related items

Greenberg Says U.S. Could Have Avoided AIG Bailout
May 9 -- Maurice 'Hank' Greenberg, former chief executive officer of American International Group Inc., talks about the U.S. government's 2008 rescue of AIG.

AIG sells stake in Taiwan insurance unit
U.S. insurer American International Group Inc. has sold its 97.6 percent stake in a Taiwanese insurance business to conglomerate Ruentex Group for $2.16 billion, five months after regulators...

AIA sets share price, ups IPO size to $18 billion
The Asian insurance unit of American International Group Inc. said Friday it will raise about $18 billion from its Hong Kong listing — helping AIG to repay a massive U.S. government...

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...

Uniden TRU9496 2-Line Corded/Cordless Digital...
With the Uniden TRU9496 5.8 GHz Digital 2-Line Expandable Phone System is the next generation of 5.8 GHz cordless phones. It's a full-featured digital answerer, with a Dialing keypad and a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com