Wall Street pays out more than $18 billion in year-end bonuses
And, here's how NBC Nightly News reported on the President's Wall Street reaction and the overall economic situation.
Welcome! Once a journalist, always a journalist. I left the news business to try something completely different (for a time), but realized I still felt the need to keep up with all that's going on around us. So, this blog emerged as a way for me to filter some of what I feel is important, interesting or funny and pass it along to you. Enjoy! And, feel free to comment on any post.
And, here's how NBC Nightly News reported on the President's Wall Street reaction and the overall economic situation.Ugh: By almost any measure, 2008 was a complete disaster for Wall Street — except, that is, when the bonuses arrived. Despite crippling losses, multibillion-dollar bailouts and the passing of some of the most prominent names in the business, employees at financial companies in New York, the now-diminished world capital of capital, collected an estimated $18.4 billion [...]
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