Waking the Bull - TedWeir - Blogs
View RSS Feed

TedWeir

  1. Cream rises to the top BUT so does the scum

    Quote Originally Posted by TedWeir View Post
    Here's a clear example of a major disconnect between bankers who still think they rule the world and the rest of us here in the real world.

    I say "scum" because the worth of this group of privileged individuals or, perhaps more accurately, the Wall-Street-Gang members, based purely on real performance (as in what value they bring the rest of us) bares no fair resemblance to their obscene remuneration and benefits.

    Not that all are scum but the mixture of cream and scum is staining the whole business and gaining a view in the public which is growing more negative by the week. All in my opinion, of course.

    T

    Occupy This: Wall Street Pay Rises as Profits Fall


    By Alain Sherter | October 11, 2011

    What financial crisis? In 2010, a year when profits on Wall Street fell by more than half, the average salary for securities industry workers in New York City rose 16 percent,
    ...