Goldman Sachs On Pace To Pay Out Record Bonuses This Year. Democracy Now 6/22/09

[balantz]

Run time: 09:53 https://www.youtube.com/watch?v=e-EVXGq-Hak   Posted on YouTube: June 22, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: June 22, 2009 By DU Member: balantz Views on DU: 610

 
The Guardian newspaper reports staff at Goldman Sachs can look forward to the biggest bonus payouts in the firms 140-year history after a spectacular first half of the year, sparking concern that the big investment banks which survived the credit crunch will derail financial regulation reforms. We speak to Nomi Prins, a former managing director for Goldman Sachs in New York about the possible record bonuses, President Obamas proposed reforms of the financial regulatory system and the The Big Bank Bailout Payback Bamboozle.

Part Two: http://www.youtube.com/watch?v=sZa3ZUvabUw

[MindMatter]

1. Well .... yeah. Their henchmen eliminated all their competition

That was the whole game. The "crisis" was mostly manufactured by these guys.