Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
It is interesting to note that J P Morgan's bonus pool for 2010 was $28 billion and Goldman, who had an off year, had a pool of $18 billion. But were anyone to suggest that the German banks's €14 billion losses be paid, even if part, out of the bonus pools, they would quickly find out what is truly sacred in our world.

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'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Mon Sep 12th, 2011 at 02:27:51 PM EST
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