The War on Greed

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In trying times, executive behavior and more importantly, executive compensation becomes a public issue. Here's an example of what to expect in the weeks and months ahead - warongreed.org has targeted Goldman Sachs for the "reckless" bonuses they handed out to their financial staff - after receiving a $6.5 billion bailout from taxpayers.

Apparently, if Goldman Sachs had shared its bailout billions with their rank-and-file workers at Burger King, they'd have handed out $18,000 to each employee. I must say I'm getting a strong French Revolution 2.0 vibe:

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This page contains a single entry by Christian Sarkar published on February 17, 2009 1:46 PM.

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