Showing posts with label goldman sachs. Show all posts
Showing posts with label goldman sachs. Show all posts

20 Jan 2011

Corporate Greed

I don't usually get political on my blog, but something has incensed me this week. Goldman Sachs, the huge multi-national finance company, has declared huge bonuses for its staff. In the press yesterday it was reported that their staff now have an average salary+bonus package of $430000 a year!  At the same time I've read that they've slashed their corporate charity giving by a large amount. If these figures are correct, then I believe them to be obscene and a prime example of the corporate greed of some big financial institutions. I am not sure how to respond, but want to email their CEO, but haven't managed to find his email address on the swish corporate website!  In the end, such greed cannot be acceptable. This is the sort of behaviour that festered revolutions a century ago: the seeds are there for it to happen again within 10 years when the ordinary man says, "no more".