georgephillip
Diamond Member
OK.
Not exactly.
An activist group that spun off from Occupy Wall Street has called on the largest Wall Street firms to donate their $91 billion bonus to their 10 million US victims:
"The Dow Jones Industrial Average and the S&P 500 both hit record highs on Thursday while the NASDAQ surged to its highest level in over 13 years.
"The year-end rally is expected to add a boost to the massive bonuses Wall Street is preparing to hand out this year.
"The largest Wall Street firms have reportedly set aside more than $91 billion for year-end bonuses.
"In response, an activist group called The Other 98% has launched a petition calling on employees of Chase, Citigroup, Wells Fargo, Goldman Sachs, Morgan Stanley and Bank of America to donate their bonuses to the 10 million Americans made homeless by the housing crisis."
The Other 98% Urges Wall Street to Donate $91 Billion in Bonuses to Victims of Financial Crisis | Democracy Now!
Keeping in mind how fraudulent subprime lending at the behest of many of these same Wall Street banks drove the control accounting fraud and inaccurate credit ratings that plundered Americans of more than a quarter of their net worth between June 2007, and November 2008, doesn't it seem only "fair" Wall Street gives a little back?
Not exactly.
An activist group that spun off from Occupy Wall Street has called on the largest Wall Street firms to donate their $91 billion bonus to their 10 million US victims:
"The Dow Jones Industrial Average and the S&P 500 both hit record highs on Thursday while the NASDAQ surged to its highest level in over 13 years.
"The year-end rally is expected to add a boost to the massive bonuses Wall Street is preparing to hand out this year.
"The largest Wall Street firms have reportedly set aside more than $91 billion for year-end bonuses.
"In response, an activist group called The Other 98% has launched a petition calling on employees of Chase, Citigroup, Wells Fargo, Goldman Sachs, Morgan Stanley and Bank of America to donate their bonuses to the 10 million Americans made homeless by the housing crisis."
The Other 98% Urges Wall Street to Donate $91 Billion in Bonuses to Victims of Financial Crisis | Democracy Now!
Keeping in mind how fraudulent subprime lending at the behest of many of these same Wall Street banks drove the control accounting fraud and inaccurate credit ratings that plundered Americans of more than a quarter of their net worth between June 2007, and November 2008, doesn't it seem only "fair" Wall Street gives a little back?