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by knightinblue
6143 days ago
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Goldman Sachs just paid out 16 billion dollars in bonuses to their employees. If we had an extra 16 billion dollars lying around, we’d put it in the bank for a rainy day. (If Goldman had never paid out bonuses they never would have needed government intervention.) A flawed comparison. Goldman is an investment bank that needs to pull in incredible returns percentage wise. Safebank is a watchman guarding a vault. Basically, Goldman needs to pay out bonuses to attract top-shelf talent, while Safebank doesn't. |
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