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Thursday, January 20, 2011

We're all in this together.....not

Goldman Sachs has set aside $15.3bn (£9.5bn) to pay its staff in 2010- an
average $430,000 each – in a move that re-ignites the controversy over City pay
and bonuses.
I think it should reignite a lot more than ‘controversy over City pay and bonuses‘.
It should reignite a debate about the very nature of the neoliberal economic system we live under.
And let's remind ourselves what Rolling Stone journalist Matt Taibbi had to say about Goldman Sachs:

“a giant vampire squid, wrapped round the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”

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