To Whom Much Is Given, Zilch Is (Rightly) Expected
Having received billions in bailouts, Wall Street is now primed to
make so much bonus money, thus offending so many people, that the White House
will reportedly order their
executives to take up to 90 percent cuts in their pay in order to fend
off the lynch mobs forming. Even so, an executive at Goldman Sachs -
which has set aside $16.7 billion, an increase of 46 percent over last
year, to pay its employees $527,192 each - had the gall to tell the
rest of us to stuff it. Brian Griffiths was speaking at a London panel discussion. Its topic:
"What is the place of morality in the marketplace?"
"We have to tolerate the inequality as a way to achieve greater prosperity and opportunity for all."