Thursday, December 3, 2009

Let's Check in on God and see Wuzzup?

Keeping in pace with the financial goings on in Heaven and all, the folks at DealBreaker have uncovered the presentation that God (I mean Goldman Sachs) is making to ward off concerns with compensation practices of the firm. Just to recall, bonuses to GS employees will amount to almost $17BILLION for the first nine months of the fiscal year (~$71k PER EMPLOYEE). So let's take a peek at this presentation, and see what God has to say. Listen carefully.

Goldman Takes Offensive On Pay (WSJ)
Goldman has been holding private discussions with shareholders for weeks on the subject of compensation, in order to indicate that they care what investors think and ward off a backlash before paying out huge ass bonuses. Here’s a 14 page presentation re: making it rain on employee’s faces.

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