• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Zero Bonuses At Goldman?

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Mon, 10/03/2011 - 09:56 | 1732856 bania
bania's picture

donut holes for you!

Mon, 10/03/2011 - 10:20 | 1732967 Fukushima Sam
Fukushima Sam's picture

Naturally, at Goldman "almost zero" means "still more than you make in a year".

Mon, 10/03/2011 - 10:25 | 1732989 Comay Mierda
Comay Mierda's picture

occupy wall street is being hijacked by communists

Mon, 10/03/2011 - 10:31 | 1733006 traderjoe
traderjoe's picture

Who cares? Any protest is better than no protest. Let the system fail. Fight for liberty, freedom, and self-governance.

Mon, 10/03/2011 - 11:24 | 1733161 AchtungAffen
AchtungAffen's picture

Communists in the US? Ha! Don't make my ass laugh! You still see the hammer and sickle even on the soup? If only the US had communists, at least they would balance out the crazy right.

Mon, 10/03/2011 - 09:57 | 1732861 HelluvaEngineer
HelluvaEngineer's picture

ROTFLMAO at you criminals.

Mon, 10/03/2011 - 10:30 | 1733004 CrashisOptimistic
CrashisOptimistic's picture

It gets interesting when Cuomo and Bloomberg have a meeting with them to demand that they pay out huge bonuses.

The tax revenue on those bonuses are all that hold NYC and NY state budgets together.

Mon, 10/03/2011 - 09:57 | 1732862 GeneMarchbanks
GeneMarchbanks's picture

It's true, just confirmed. However, all employees get a complimentary 1000 troy oz gold door stopper so it all depends on how you look at it...

Mon, 10/03/2011 - 10:03 | 1732885 Slartebartfast
Slartebartfast's picture

If and only IF they can get GLD to deliver physical.

Good luck with that boys!

Mon, 10/03/2011 - 10:21 | 1732969 Ruffcut
Ruffcut's picture

Being a squid and all, they alot up their multiple sleeves.

Mon, 10/03/2011 - 10:00 | 1732867 doomandbloom
doomandbloom's picture

no wonder...loads of these rats are leaving GS in droves!!

Am wondering if they bargained for a joining bonus at their new jobs...

Mon, 10/03/2011 - 10:21 | 1732975 ljag
ljag's picture

Wait a second! I thought big bonuses were essential to 'keep the best and the brightest'?

Mon, 10/03/2011 - 10:43 | 1733057 doomandbloom
doomandbloom's picture

But if you promise even bigger profits...they will give you joining bonus....

Mon, 10/03/2011 - 11:39 | 1733210 NotApplicable
NotApplicable's picture

I'm wondering how much this is directed at 'keeping the best and brightest' out of jail before an election year?

Mon, 10/03/2011 - 09:59 | 1732868 hedgeless_horseman
hedgeless_horseman's picture

Goldman Sachs is planning to slash bonuses to almost zero...

"Almost" FTMFW!!!!!!!

Mon, 10/03/2011 - 10:13 | 1732924 junkyardjack
junkyardjack's picture

$35 billion is almost zero for Wall Street

Mon, 10/03/2011 - 10:45 | 1733045 hedgeless_horseman
hedgeless_horseman's picture

Didn't Liesman almost quit fucking chickens?

Mon, 10/03/2011 - 09:59 | 1732869 tim73
tim73's picture

Ha ha...New York City will be soon like Detroit except Detroit will be better off. They still manufacture something other than BS. Back to the 70's...

Mon, 10/03/2011 - 10:36 | 1733031 Smiddywesson
Smiddywesson's picture

Back to the 70's...heehee, good thing I saved all those disco records.

Mon, 10/03/2011 - 09:59 | 1732870 Blorf
Blorf's picture

Executives vow to prop up stock price at expense of bonuses?  Didn't Tyler say that many of the executives took out loans against their stock/warrants when it was in the 160s?  I guess they are just eating their own now.

They should just keep looting the shareholders and take it private at 50 bucks.

Mon, 10/03/2011 - 10:00 | 1732876 b_thunder
b_thunder's picture

Poll:  What comes next

A) TARP 2.0

B) QE 3

C) Both


Mon, 10/03/2011 - 10:03 | 1732884 mjk0259
mjk0259's picture

Both - followed by QE4 QE5 and TARP 3.0 and TARP4.0 plus Euro TARP and then Asia TARP - to be paid for by eliminating Social Security and Medicaid and compulsory "community service" from everyone.

Mon, 10/03/2011 - 10:01 | 1732877 JW n FL
JW n FL's picture



To Little, too fucking late..

I want their heads, ALL OF THEM!

Nothing less than Blood will undo what has been done.


POMO is the Bonus that just keeps on giving transaction fees.

Mon, 10/03/2011 - 11:13 | 1733121 JW n FL
JW n FL's picture



MSNBC's Dylan Ratigan on The Federal Reserve, Media Censorship, Bilderberg @ #occupywallstreet

Uploaded by on Oct 3, 2011

It's Time to GET MONEY OUT of politics. Learn more at http://www.getmoneyout.com/

Help We Are Change produce more videos like this and continue our coverage of #occupywallstreet http://www.wearechange.org/?page_id=9453



Mon, 10/03/2011 - 11:23 | 1733155 JW n FL
JW n FL's picture



for those of you that will not take the time to watch this..

I will say that "IF?" Dylan is real.. and not a band aide..

and he keeps pushing his agenda / amendment.. he will be having a car accident, mugging and / or heart attack and most likely all at the same time.

that is how good his idea is for us, the People.


Mon, 10/03/2011 - 10:04 | 1732888 SAME AS IT EVER WAS

WTF? no bonus? no more money to steal? how can this be?

Mon, 10/03/2011 - 10:39 | 1733042 Smiddywesson
Smiddywesson's picture

If you don't get a bonus for doing God's work then nobody should.  It's just being fair.

Mon, 10/03/2011 - 10:05 | 1732889 snowball777
snowball777's picture

Good start, but we want handcuffs and hard jailtime.

Mon, 10/03/2011 - 10:05 | 1732890 reader2010
reader2010's picture

Fuck em. Jubilee!

Mon, 10/03/2011 - 10:06 | 1732892 dwdollar
dwdollar's picture

Damn, you know shit is about to hit the fan when God doesn't pay his employees enough.  /sarc

Mon, 10/03/2011 - 10:08 | 1732904 lapedochild
lapedochild's picture

exactly... this is pure blasphemy!

Mon, 10/03/2011 - 10:06 | 1732894 TradingJoe
TradingJoe's picture

ISM came out and we were almost green :))) me think every upward move, WILL BE SOLD!

On GS, would not surprise me to see Ukranin Hockers having a "discount day", for old times sake :)))!

Mon, 10/03/2011 - 10:06 | 1732895 azzhatter
azzhatter's picture

I think they should receive death sentences instead

Mon, 10/03/2011 - 10:18 | 1732954 snowball777
snowball777's picture

They should be sentenced to cleaning every truckstop restroom in America until death...with their tongues.

Mon, 10/03/2011 - 10:21 | 1732968 Esso
Esso's picture

Don't forget their families.

Nits make lice.

Mon, 10/03/2011 - 10:51 | 1733081 flattrader
flattrader's picture

Yes, we must think of the children.

Won't someone think of the children?

Mon, 10/03/2011 - 10:07 | 1732896 buzzsaw99
buzzsaw99's picture

hank paulson got three quarters of a billion tax free bitchez. they should give up bank holding company status, take the company private, and freaking prop trade 'til they drop. What's that you say? They can't do that? Oh, I see...

Mon, 10/03/2011 - 10:07 | 1732897 tim73
tim73's picture

These traditional stock markets really do not offer anything meaningful for companies anymore. IPO costs a fortune and all those laws and rules are ridicilous to follow, needing an army of lawyers AND accountants. Usually from one of the awfully expensive big fours which together wrote those stupid laws in the first place. Good for them, bad for everybody else. 

Mon, 10/03/2011 - 10:07 | 1732898 PaperBear
PaperBear's picture

Couldn’t happen to a less deserving bunch.

Mon, 10/03/2011 - 10:08 | 1732899 Sophist Economicus
Sophist Economicus's picture

But, but, how can this be?   I mean, aren't they manipulating everything and always on the right side of the trade?    LOL

Mon, 10/03/2011 - 10:12 | 1732917 buzzsaw99
buzzsaw99's picture

Yes, they are. when they lose they become a bank holding company. privatize gains, socialize losses.

Mon, 10/03/2011 - 10:20 | 1732963 Sophist Economicus
Sophist Economicus's picture

I agree,  the incestuous wall street/washington relationship has got to go.    But when I read some of the TPTB comments, I just LOL.    Without the deliberate and direct collusion with government (who are supposed to represent OUR interest), "TPTB" couldn't find their ass with their two hands either...

Mon, 10/03/2011 - 10:08 | 1732900 DeadOnArrival
DeadOnArrival's picture

I'm curious to know what Bernie Madoff is thinking about all this.  We can only hope that very soon he'll have more bankster buddies coming over for more than just a visit!

Mon, 10/03/2011 - 17:58 | 1734801 Problem Is
Problem Is's picture

Bernie on Lloyd:

"And they call me a fucking crook..."

Mon, 10/03/2011 - 10:08 | 1732903 slaughterer
slaughterer's picture

What?  No perp walk for GS yet?

Mon, 10/03/2011 - 10:08 | 1732905 Quinvarius
Quinvarius's picture

You can tell the "expert network" takedown closed off a lot of leaks.  All the big cheaters have been blowing up without their leak pipeline.  Soros, GS, Pimpco, JPM, total suckage without inside knowledge of Fed actions.

Mon, 10/03/2011 - 10:09 | 1732908 Sudden Debt
Sudden Debt's picture



Why don't they just fire the working staff and transfer their salaries to the bonusses of the traders?

It's pretty easy:

1. Wait untill it's friday

2. Delete all access card to the building on saturday

3. Take a 2 week vacation to let the dust settle down


Mon, 10/03/2011 - 10:11 | 1732915 DavidC
DavidC's picture

Sudden Debt,
Brilliant! And very funny!


Mon, 10/03/2011 - 10:09 | 1732909 Rainman
Rainman's picture

Residential fire sales coming to the Hamptons. Pigmen caravans migrating to the West. Glorious news. 

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