Simon C. Ion wrote:

Decius wrote:
About half of TARP was paid out in bonuses.

How else is the financial industry going to retain top talent?

"There is no money" should be a harder reality than "its difficult to retain people in a competitive marketplace," particularly for financial professionals, and particularly when there actually is no competitive market as no one is hiring and the street is teeming with layoffees and former Lehman employees.

The fact that whole system is a huge fucking scam has pretty much been made totally clear to everyone in the entire world and these guys are still standing around shoving bills into their pockets. Don't they realize how many eyes are now watching them?

RE: Looting