Senate probes banks for meltdown fraud

2 posts / 0 new
Last post
investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Senate probes banks for meltdown fraud

A House panel voted this week to allow regulators to bar banks from offering executive-pay plans that encourage too much risk. The move came after Goldman Sachs reported record profits for the second quarter and said it has set aside $11.4 billion during the first half of the year to compensate employees.

http://online.wsj.com/article/SB124890898142691729.html

You can't tell me, that with bonuses like this they are going to play the markets safely. Looks like more dirty tricks and bubbles coming.......at tax payers expense..........

investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Re: Senate probes banks for meltdown fraud

New York's attorney general said Thursday in a report detailing the payouts by nine big banks.

http://finance.yahoo.com/news/NY-AG-details-big-bonuses-at-apf-477571682...

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Login or Register to post comments