Goldman Sachs to pay out RECORD BONUSES this year with our money

DemocracyNow
June 25, 2009
Report: Goldman Sachs on Pace to Pay Out Record Bonuses this Year

The Guardian newspaper reports staff at Goldman Sachs can look forward to the biggest bonus payouts in the firms 140-year history after a spectacular first half of the year, sparking concern that the big investment banks which survived the credit crunch will derail financial regulation reforms. We speak to Nomi Prins, a former managing director for Goldman Sachs in New York, about the possible record bonuses, President Obamas proposed reforms of the financial regulatory system and the The Big Bank Bailout Payback Bamboozle.