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US Bankers' Pay Is World's Highest—by Far
Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780

Posted: 9/24/2009 7:51:01 AM

By: David Marchant

US bank CEOs are paid drastically more than their counterparts around the world. The CEO of Commercial Bank of China, the largest bank in the world, brings home just $234,700 a year—or roughly 2% of JP Morgan boss Jamie Dimon’s $19.6 million haul. The US has only four of the world’s 20 biggest banks, but all four are among the top six in CEO compensation, says a Reuters analysis.

See full story at:

Posted: Saturday, August 13, 2011

Posted: 9/24/2009 5:07:32 PM

By: Good story David

Corrupt Republican

Posted: Saturday, August 13, 2011

Posted: 9/24/2009 1:20:49 PM

By: David Marchant

Goldman Sachs went public a year or so after taking public a Bermuda-based insurance broker called Stirling Cooke Brown Holdings, which was exposed by OffshoreAlert the same month that its IPO was completed.

Stirling Cooke, which was 23% owned by Goldman Sachs after the IPO, committed one of the biggest insurance frauds in history in which the losses to the reinsurance market are estimated at approximately $1 billion.

Goldman Sachs took Stirling Cooke public at $22.50 per share and within a few years the company's shares were de-listed and had plummeted to zero.

The Goldman Sachs Managing Director responsible for taking Stirling Cooke public was Reuben Jeffery III, who is a close friend of George W. Bush's. Jeffery was a director of Stirling Cooke throughout its global crime spree.

After leaving Goldman Sachs, instead of being investigated and/or prosecuted, Jeffery became Chairman of the Commodity Futures Trading Commission!!!!

Posted: Saturday, August 13, 2011

Posted: 9/24/2009 12:17:46 PM

By: Too funny!

Republican creed? Hahahaha

"Jon Stevens Corzine is the Governor of New Jersey and a former United States Senator. A Democrat, Corzine served five years of a six-year Senate term before being elected Governor in 2005. He is a candidate for re-election in 2009."

"In 1975 he moved to New Jersey to work for Goldman Sachs. He became Chairman and co-CEO of the firm....After his departure from Goldman Sachs, he earned what has been estimated to be $400 million during the 1999 initial public offering of the company."

You are just so funny!

Posted: Saturday, August 13, 2011

Posted: 9/24/2009 9:18:57 AM

By: Expected

Corporate incompetence should be richly rewarded; the Republican creed. Hey, we've got country clubs to support!

Posted: Saturday, August 13, 2011

Posted: 9/25/2009 7:34:37 AM

By: froggy

Vae Victis...say the Roman...The winner takes it all, say Abba...Just corporate re-allocation of PR resources...The question is how much of that money is meant to counteract the action of the gov't rather than funding good policies...

Obama may resist corporate pressure, even when it is donors...

Posted: Saturday, August 13, 2011

Posted: 9/25/2009 5:00:48 AM

By: Facts speak for themselves

Just follow the money:

"While Democrats like to brand the Republican party as the party of Wall Street, it is actually the Democrats who get most of Wall Street's political donations."

note the following top donors and how much they gave to Democrats (listed by rank).

2. Goldman Sachs, 72%

3. Citigroup Inc, 61%

4. JP Morgan Chase & Co, 59%

5. Morgan Stanley, 57%

8. National Association of Realtors, 59%

12. Lehman Brothers, 64%

20. Bank of America, 56%"

"Obama is leading fund raising on Wall Street and among the ruling rich"


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