Goldman Sachs: Record of $23 billion in bonuses for 2009; explaining their economic parasitism
2010 01 03

From: examiner.com



Goldman Sachs is among the most visible financial parasites. Their executives have a revolving door through the US Treasury Department. They profit through “trading,” much like Enron did; including selling investments represented as AAA while simultaneously betting the value of those investments tank. Their CEO says they’re “doing God’s work,” as Enron’s CEO said, “We are on the side of angels.” A US Senate report puts the parasitic cost to Americans at $2 to $4 trillion every year. To put that figure into perspective, that’s an almost unbelievable $20,000 to $40,000 added cost per US household every year. Goldman Sachs is so happy with their “trading,” they’ll pay out a record of $23 billion in bonuses to their top employees for their 2009 work.

There are professionals in economics and finance using the term “parasitism” in its literal sense to describe our US economy.

Read more: examiner.com



Related Articles
Chelsea Clinton Engaged to Goldman Sachs Investment Banker
Goldman Sachs Bankers Buy Guns to Defend Against “Populist Uprising”
Goldman Sachs boss says banks do "God's work"
Is the Singularity already happening at Goldman Sachs?
Goldman Sachs behind every market crash since 1920s
Goldman Sachs on pace for record bonuses: report
Warren Buffett buys into Goldman Sachs
Geithner: Auditing the Fed is a "line that we don't want to cross" (Video)


Latest News from our Front Page

Secret Project Created Weaponized Ebola In South Africa In The 1980s
2014 10 21
“No records are available to confirm that the biological agents were destroyed.” Operating out of South Africa during the Apartheid era in the early 1980’s, Dr. Wouter Basson launched a secret bioweapons project called Project Coast. The goal of the project was to develop biological and chemical agents that would either kill or sterilize the black population and assassinate political enemies. ...
Controlling the American Mind: The Viral Liturgical Psychodrama
2014 10 20
In order to successfully navigate the raging sea of media shit storm, one must be ever-mindful of the overall designs of mass media without getting lost in endless details and rabbit trails that will be forgotten in a month. Remember Bowe Bergdahl? Remember how media was furiously researching his back story to make details match-up, all of which ended up ...
People are merging with machines
2014 10 20
Ian Burkhart concentrated hard. A thick cable protruded from the crown of his shaven head. A sleeve sprouting wires enveloped his right arm. The 23 - year-old had been paralysed from the neck down since a diving accident four years ago. But, in June this year, in a crowded room in the Wexner Medical Centre at Ohio State University, Burkhart’s ...
Illegal Aliens Cleared For U.S. Military Service
2014 10 18
The Pentagon announced a new policy allowing illegal immigrants the opportunity to enlist in the armed forces, Thursday. USA Today reports that the new recruitment policies will focus on people with "high-demand skills" like foreign language acumen and health care training: "For the first time, the program — known as Military Accessions in the National Interest, or MAVNI — will ...
Bronze Age Sundial-Moondial Discovered in Russia
2014 10 16
A strange slab of rock discovered in Russia more than 20 years ago appears to be a combination sundial and moondial from the Bronze Age, a new study finds. The slab is marked with round divots arranged in a circle, and an astronomical analysis suggests that these markings coincide with heavenly events, including sunrises and moonrises. The sundial might be "evidence of ...
More News »