Stock Watch 2.8.12 ” 6 figure Bonuses at Goldmans called a Bloodbath”
The last few years have been so good for these mammoth financial institutions that employees cant stomach their measly 6 figure bonuses now that they are cutting back. This article claims one Goldman employee was in tears and referred to these bonuses as a “bloodbath” . Article here .http://www.huffingtonpost.com/2012/01/20/goldman-sachs-bonus-day-bloodbath_n_1218869.html
In other Goldman news, CEO Lloyd Blankfein had his bonus cut from 12 million to a frugal 7 million for 2011. Poor fella, I don’t know how these people are going to get by. This economy is ruthless.
Watchlist DARA FFN BMTI LTBR ONTY