Yes, strong words, I know but this is what comes to me every time I read news items like this.
These Wall St bosses took home over $1 bn!
In the midst of a financial turmoil that has raised questions, among other things, about fat executive pay packets, a media report listed out 12 top Wall Street bankers who collectively took home over $1 billion (yes, $1 billion!) in the past five years.
The total take-home pay of the 12 bankers, current and former chiefs of some of the biggest names in the US financial space, stands at $1.053.15 billion during 2003-07, as per data compiled by The New York Times.
Text: PTI, Agencies
Well, let the common man end up in streets, let old people's lifetime saving get wiped out, let parents savings for their child's education reduce to pittance; THE executives who are responsible for the blood bath in financial sector, unashamedly rake in tons of money!
Kali kaal :) I guess!
4 years ago