Previous | Next :: Wall Street Stop Sign : Wall St : NYC | September 23, 2008, 1:18 am

If only some of those Wall Street boys had read this sign at the end of their street on their way home............ it is pretty incredible that some people were literally taking home over $75-million a year at Goldman Sachs...........bonus payments calculated by the size of the profits they had supposedly generated for their business.......... and now Goldman Sachs like all the others is brought to its knees........ and is in need government handouts on a massive scale to keep operations afloat.......... the mother of all hand outs in fact.......... $750 billion in tax payers money to bail out bad debt on Wall Street......... I wonder if the bonus paid can be clawed back if it is found the deals you made actually cost your firm billions? But even chat of the massive bail out did not stop stocks dropping.......... Oil jumped up its biggest one day gain......... the dollar continued to weaken..... Remember to look at the sign at the end of the street boys........ and next time........ and you should consider that the worst case scenario sometimes actually happens..........

Cheers Jez XX