The billions upon billions of dollars being given to the fat corporate cats at American corporations is bad enough, but these are the failed corporations I’m sharing here:
Wall Street firms have shared profits liberally with employees. The five biggest — Goldman, Morgan Stanley, Merrill, Lehman Brothers Holdings Inc. and Bear Stearns — paid their 185,687 employees $66 billion in 2007, as problems with subprime mortgages mounted, including about $39 billion in bonuses. That amounts to average pay of $353,089 per employee, including an average bonus of $211,849. The five firms had combined net income of $93 billion during the five years through 2007.
You should by a rope, because it’s time for some hangings in America. And now, our corrupt government is demanding that we bail these greedy suckers out. The “conditions” that they are proposing are bullshit.
Seriously, by a rope or two. It’s time.