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right member howard fallout money into the banks to make sure that they would
get credit flowing again
and that they were uh... viable of the economy did not collapse
well i can so they do
exactly as i promised you they target and put it in their pockets
uh... we have at three different stories out today
on bonuses and sometimes record bonuses being paid the banks that previously to
carbine some of which still hold the tremendous amount of money
so uh...
hiking paid for the top investment bankers at merrill lynch u_b_s_
citigroup
gordon the financial times
by the companies are giving them bigger bonuses in fact the bonuses
are near two thousand several months
that's twenty they've broken all records taking as much money out of the banks
and into their own pockets as they possibly could before they comet crash
now they're back to their old tricks
even though their loaded up with tarp money in taxpayer money
some of that some of them funneled through that money raise some of them
still have it
they're back then there is a busy to send all of it in two thousand seven
which were in mental numbers to begin with
uh... to give you a small size of the year
uh... the market salary sell for managing directors is a local or level
now managing directors had jumped from two hundred fifty thousand dollars
to four hundred thousand dollars in just the last couple months
so as they were tiny if i can find a job financing bulb or we're going to
regulate this industry
and where it takes on the success of this taking at least all these profits
uh... the out of it but why exactly her guest provinces because then
it was a coming out of the u_s_ taxpayer right
no wrong
so i was going pop dramatically in the last couple of months
now if you think that
those numbers are bad wait till you get a lot of goldman sachs and the top
executives overall
at the financial companies
goldman sachs this year is going to get out
record
bonuses
in their one hundred and forty-year history
they have not given out bonuses this large people
they'd just barely give the tarp money
now but it wasn't as that
but the reality is that they have all this money partly because
it was about property for goldman sachs
it was a big happy through any i_t_t_
understand this and that was done here they said poet you can't go on because
all other banks there
dependent on they were their insurance
so we follow all the money candidate she
animates would give it to all these banks
who now i think i had a lot about it
can profits
clinton record bonuses
let me give you a clear the exact numbers
in the first half of two thousand
also the first quarter
of two thousand nine
goldman sachs is they to billion dollars
of which they're gonna get
half of it in bonuses to their executives
so we have a aji thirteen billion dollars they give the goldman sachs
middlesex resort was what i am a two billion dollars
an inflatable inevitable dolly guys who work here
that's pretty convenient
nicely dot and where the suckers i continued in that month
unbelievable they paid nine hundred seventy three bankers at goldman sachs
over a million dollars
nine hundred and seventy three of them
went on about top five or ten dots
their largess continues that
and it's supported by the fact that in two thousand nine they're expected um...
the industry overall is expected to make in the ballpark
of three hundred billion dollars
how's the fire
initial industry that we're putting all this taxpayer money into making three
hundred billion dollars in profits
how's that possible
if that's possible why that happened
cannot log
nadia something incredibly wrong here
this suddenly outrageously wrong here
and uh... you know how warren buffett had put in a of five billion dollar
invested into goldman sachs and at the time people of paul warren what do you
do it in the goldmans
uh... spin value and downloaded after that they like boys buffet blew this one
he's already made a billion dollars
from an investment
already made a billion dollars outlook is a smart investments for i'm not
blaming him for
but how in the world is goldman sachs at probable
when everybody was a whole financial industry programs
you know a lot but i think bob i've got to respect president carter but it
desperately needed
that'll happen
all the way through their own back
okay now that that was goldman that was a lower level guys there were some of
the higher level guys now let's go to up story coming out of crain's new york
business
uh... new york's top one hundred paid executives took home or walking
one quick
billion dollars last year
in the meltdown in the middle of a meltdown
as well what about the global economy where the worst recession since the
persian
the top only one hundred executive
so-called
one point two
billion dollars
in what kind of slackers are we to continue to funnel money these guys
i have a hell of a time maybe the money i do i my guess is the body of right
and it doesn't come easy
and went a step toward our money into these nights
there's something wrong with this system and
there's something profoundly wrong uh... lloyd blank line the c_e_o_ goldman
sachs
was number four list from last year
forty two point nine million dollars
they got tarp money intensive feature called forty three million dollars
five now they've paid that back citigroup has invaded activists or was
forty five billion dollars that
american taxpayers
vikram pundit plan for the congress
and i remember i was a novelist soccer on that day
him a little bit of credits both other c_e_o_s
turns out he was lying through his teeth of course
because he said
all of the hottest ticket seller one dollar until we get the same squared
away
oh dolomite
you know i want you to embody the problem
last year in the middle of the best
thirty eight point two million dollars
about one dollar
dollar live men
these guys it's a good job instant played on us for our money
in the list goes on and on and on in on the bureau of the c_e_o_s
it's actually man
but somebody has to come and tell me
why am paying all the sons of *** all this money and entertain at home i
just don't see it