Quite Frankly My Dear

Quite Frankly My Dear

by

Forget the rumored financial crisis, layoffs and foreclosures: The
three biggest Wall Street banks to get bailed out are set to pay record
bonuses
of almost $30 billion this year, up 60 percent from last year. Goldman
Sachs, Morgan Stanley and JP Morgan Chase will hand out $29.7 billion,
paying each lucky employee almost five times the U.S. median household
income.

"Wall Street is beginning to resemble Clark Gable as Rhett
Butler in the film ‘Gone With the Wind': ‘Quite frankly, my
dear, I don't give a damn,'" said Paul Hodgson at the Maine-based Corporate
Library. "It doesn't seem as if
political threat, disastrous PR, envy, rising unemployment rates
and home repossessions is enough to get any of these people to
refuse the bonuses they have ‘earned.'"

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