• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Goldman Reports Average Employee Comp Of $430,700 As FICC Revenue Collapses

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Wed, 01/19/2011 - 09:56 | 886804 plocequ1
plocequ1's picture

Earnings? wasnt that a tool once used in the 80s to see how a company was doing financially? I dont think they use that tool anymore. Rally on....Bens POMO dudes are on it.

Wed, 01/19/2011 - 10:01 | 886823 Hephasteus
Hephasteus's picture

Ya that was before the great renassance back when accounting wasn't a creative mashup of impressionist art, pornography and ice sculpting.

Wed, 01/19/2011 - 10:33 | 886886 goldmiddelfinger
goldmiddelfinger's picture

Watching 2 trolls grovel. disgusting.

Wed, 01/19/2011 - 09:54 | 886805 johnnymustardseed
johnnymustardseed's picture

Despicable!!!! Poor people gonna rise up and take whats theirs

Wed, 01/19/2011 - 09:54 | 886806 USD-25
USD-25's picture

In another brain twister, investment banking revenue looks pretty healthy.

Wed, 01/19/2011 - 10:37 | 886899 Turd Ferguson
Turd Ferguson's picture

I found an interesting interview of Hugh Hendry this morning:


Wed, 01/19/2011 - 10:54 | 886935 Hephasteus
Hephasteus's picture

Just don't look too close. Or they'll gouge your eyes out.

Wed, 01/19/2011 - 09:58 | 886813 Oh regional Indian
Oh regional Indian's picture

Too funny. To be on the in-side of a rigged game and make this kind of money.

I wonder how much a Janitor, who delivers more useful service than god's own money army makes at GS? Give Her Mint Sucks!




Wed, 01/19/2011 - 09:59 | 886816 john milton
john milton's picture

U.S. banking regulators approved a rule on Tuesday on how creditors will be treated under the government's new authority to seize and liquidate large, failing financial firms.


are they preparing for something..


hey ty...I got interesting job offer for u...

Bank of Finland announces vacancy for post of Governor


Wed, 01/19/2011 - 10:49 | 886922 Oh regional Indian
Oh regional Indian's picture

Link to the changed regulations stroy please?



Wed, 01/19/2011 - 09:58 | 886817 CapitalObserver
CapitalObserver's picture

Famed technician Tom Demark has turned bearish http://bit.ly/fR22cL

Wed, 01/19/2011 - 09:59 | 886818 Cognitive Dissonance
Cognitive Dissonance's picture

Goldman employees are the cream of the crop and cheap at any compensation number. After all, they are doing God's work. And God's workers don't come cheap.


<sad commentary about ZH that I even need the sarcasm tag>

Wed, 01/19/2011 - 09:59 | 886820 Sutton
Sutton's picture

Goldman destroys AIG, first through buying CDS' from AIG FP, then by shorting their stock into oblivion, as they tknew of AIG's near death state.

Now they get the nod to bring AIG  back.

Mind boggling.  On we go.

Wed, 01/19/2011 - 12:45 | 887265 buzzsaw99
buzzsaw99's picture


Wed, 01/19/2011 - 10:00 | 886822 centerline
centerline's picture

I'm all for free markets - but this is not a free market... that is what makes those salaries despicable.  The whole corporate CEO bullshit over the last 20 years has not been much different though.  GS just elevates it to a whole new level.

What really would worry me is if something breaks at some point, and the slow grind into a much lower standard of living suddenly becomes a freefall resulting in civil unrest - Wall Street better be prepared to run for the hills.  I don't think I have ever seen a recipe for a pitchfork mob in the US ever before like this.

Wed, 01/19/2011 - 10:04 | 886827 Wynn
Wynn's picture

maybe five guys with pitchforks .. and another hundred recording it with their i-phones

Wed, 01/19/2011 - 10:23 | 886858 centerline
centerline's picture

Pitchfork app.  LOL

Wed, 01/19/2011 - 10:28 | 886873 wisefool
wisefool's picture

I think they will be safer in their own 'hoods. Why would the barista at a Manhattan starbucks be upset at the people that gave them $200+/day in tips for pouring coffee? Or the tradesman who gets paid $40/hr to drywall law office remods? Or the city worker who makes $100k/year to drive a trash truck around?

Some of the elite are able to sneak out to the countryside, buy some land with their ill gotten gains, so the farmers daughter can go to private university at $45k/yr.

If the SHTF it is going to be articles of confederation time. Not class warfare. City dwellers of all walks of life are going to guild up hording medical services and port access. They will maintain the existing currency system even if super-inflated. Country/Flyover people are going to band together and withhold energy and food. They will reject the existing currency and get barter systems going.  And they will reclaim the lands of absentee landlords. The big question, as always, is which side existing law enforcement and the military folks choose. The elite are going to tell them that the inflation was created to protect their pensions, and the only way to keep them is to enforce the status quo. But I hope when they are sent out to confiscate food and energy they look the "subjects" in the eye before they pull any triggers.

Wed, 01/19/2011 - 10:29 | 886876 topcallingtroll
topcallingtroll's picture

I found an obscure referenceonce that in the mini crash of 1907 in nyc that the army had to be called out to stop the hanging of bankers because the police couldnt control it. If true i am not surprised we dont find this little inspiration in the standard history texts. It might give the little people ideas.

Wed, 01/19/2011 - 10:42 | 886907 wisefool
wisefool's picture

I personally don't see it happening that way this time. in 1907 people went into debt to live in roach infested, ramshackle firetraps, with only sex,booze and books for entertainment. Much like the riots happening in the developing world.  I think this time people will chose to sit in their 1.2 Million dollar condos and watch the border disputes on the 60" flat screens, instead of going after the bankster who gave them all that stuff, and especially if the banksters institute wholesale loan forgiveness for city dwellers as a sedative/riot control.

Wed, 01/19/2011 - 10:14 | 886848 George Costanza
George Costanza's picture

Seven straight weeks of boring melt up in equity markets, they need volatility !!!!     They can engineer a crash, make money on the way down, then buy back shares as investors sell at the bottom.   It will be so easy for them, and so rigged

Wed, 01/19/2011 - 10:17 | 886853 Stuck on Zero
Stuck on Zero's picture

What is the "value added" by Goldman to merit these returns?

Wed, 01/19/2011 - 10:20 | 886857 Bitch Tits
Bitch Tits's picture

Until lawyers become public servants, there will be no end to this.

The Man with the Gold Rules, even if his Gold comes from his theft of yours. This is true in every facet of life, and most importantly, when it comes to the laws.

The man with less Gold will never find justice, because justice must be bought in these golden beholden courts of law in the United States of The Men with the Gold.

Wed, 01/19/2011 - 10:24 | 886859 topcallingtroll
topcallingtroll's picture

St. Vincent had a plan to solve this, but alas was thwarted by the.demon dwarf GG and his 46 princes of evil. Light a candle for St. vincent tonight or at least get drunk in his honor.

Wed, 01/19/2011 - 10:24 | 886861 topcallingtroll
topcallingtroll's picture

But never blog when drunk.

Wed, 01/19/2011 - 10:24 | 886860 bunkermeatheadp...
bunkermeatheadprogeny's picture

Even with the market structured just for them, Fed throwing them money, and the US Gov throwing them money, they still have miserable revenue?

Smartest guys in the room? Hah!

Throw that kind of money to a bunch of monkeys and we would see a better outcome (monkeys might be sloppy, but they never paint themselves into a corner).

Wed, 01/19/2011 - 10:34 | 886887 topcallingtroll
topcallingtroll's picture

We are 15 million more unemployed away from some fun times. I call dibs on goldman.

Wed, 01/19/2011 - 10:35 | 886892 profoundlogic
profoundlogic's picture

Truth in advertising, as posted on sites such as ZH, may prove to be a useful tool in pushing the GS earnings figure even lower (zero would be ideal).  Interesting that the vampire squid decided to pull the Facebook deal from U.S. investors due to media attention.  More people are catching on to the Wall Street Ponzi scheme.  If enough people are getting the message out, it will at least make it more difficult for the crooks to deploy their next bomb.

Wed, 01/19/2011 - 12:44 | 887255 TruthInSunshine
TruthInSunshine's picture

Lloyd Blankfein, Lord of the Giant Squid, sold 93 million in Goldman stock lately.

Who ever said that crime doesn't pay?

Wed, 01/19/2011 - 18:46 | 888618 theprofromdover
theprofromdover's picture

Did I just hear a rumor that the Squid was going to change its name back to J. Aron & Co?

Goldman Sachs as a name is now just too associated with 'shitty deals'

Makes sense, spotty leopard.


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