Friday, November 6, 2009

Why Bankers Love Bonuses

I'll poach one more story from the DailyKos, which gives an outstanding historical perspective on the current financial predicament of the United States and Europe. It neatly clarifies the migration of funds out of the industrial base and into the coffers of financial firms over the last thirty or forty years, and the inciting de-regulation initiatives by vested politicians.

Anyway, here 'tis if you're so inclined toward feasting on anti-free market elucidation:


Goldman Sachs Vice-Chair: Tolerate the Inequality

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