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Forum Post: Goldman Sachs Enters £8Billion 'Parallel Pay Universe' /// Surely President Obama Is Joking About This 'Have Larry Summers Run The World Bank' Thing!

Posted 12 years ago on Jan. 24, 2012, 5:14 p.m. EST by MonetizingDiscontent (1257)
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Goldman Sachs Enters £8Billion "Parallel Pay Universe"

Payout by investment bank – equating to £238,000 per employee – provokes anger among unions


-18 January 2012-

Bankers at Goldman Sachs have been accused of living in a parallel universe after the Wall Street firm announced it had set aside £8bn to pay its staff in 2011 – an average of £238,000 each.

Against a highly charged political backdrop in which the government is pledging to tackle top pay, the potential payments sparked anger among unions and were used as fresh ammunition by campaigners calling for a tax on financial transactions.

A spokesman for the Robin Hood Tax campaign said: "When even in a bad year each Goldman employee pockets an average of $367,000 – nearly 10 times the average UK salary – it is proof that banks live in a parallel universe."

(((Continue Reading this article Here))) http://www.guardian.co.uk/business/2012/jan/18/goldman-sachs-pay-anger

Keiser Report: Dangerous Species of Bankers (((Episode#240)))

(((VideoReport))) http://maxkeiser.com/2012/01/24/kr240-keiser-report-dangerous-species-of-bankers/

Max Keiser and co-host, Stacy Herbert, discuss:

  • The Federal Open Market Committee getting high on its own money supply

  • (((Scroll to the 2:50 minute mark in Video))) Bankers leaving the planet to live in £8 Billion Pound "Parallel Pay Universe"

  • The evidence for the manipulation of precious metals.

  • (((Scroll to 9:12 minute marker in video))) And -Surely President Obama is Joking about this 'Have Larry Summers run the World Bank Thing!'

  • (((Scroll to 12:15 minute marker in video))) Google searching Davos

Surely President Obama Is Joking About This 'Have Larry Summers Run The World Bank' Thing!



The hot scoop of the day, where emeritus members of the Committee To Save The World are concerned, is that President Barack Obama is mulling naming former White House economic adviser Larry Summers to head the World Bank... http://www.huffingtonpost.com/2012/01/18/larry-summers-world-bank-chief_n_1213782.html?ncid=edlinkusaolp00000003 ...replacing outgoing Robert Zoellick, whose term will end midway through the year. (This cuts against the previous hot World Bank scoop from last year, where Secretary of State Hillary Clinton was rumored... http://www.huffingtonpost.com/2011/06/09/clinton-world-bank-president_n_874484.html?icid=maing-grid7|main5|dl1|sec1_lnk3|69729 ...to be in the running for the position.)

But, hey! Larry Summers! How does that grab you? And more importantly, does it grab you in a way that threatens to cut off the circulation of blood to your brain?

(((Continue Reading this article Here))) http://www.huffingtonpost.com/2012/01/18/obama-larry-summers-world-bank_n_1214625.html



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[-] 2 points by JackHall (413) 10 years ago

Obama and Media Pushing Larry - 'The Looter' - Summers for the Fed and Blocking the Woman Who Should Lead

Who will win the battle to choose the next head of the Federal Reserve? August 12, 2013 |

On Sunday, August 11, 2013 - New York Times readers were greeted with the image of Larry Summers splashed across the front page, looking like a visionary statesman gazing thoughtfully into the distance, as if ready to seize the reins at the Federal Reserve and guide the country’s economic destiny. Fed chair Ben Bernanke is expected to step down in January when his term ends, and the search for his successor has lately heated up. Larry Summers, the former Treasury Secretary under Clinton, and Janet Yellen, currently serving as vice chairwoman of the Fed, are the names most often mentioned for the job.

Over the last few weeks, Americans have been bombarded by a Summers-Summers-Summers drumbeat coming from the Obama administration, much of the mainstream media, and various Summers protégés. Sheryl Sandberg of Facebook, who served as Summers’ chief of staff when he was Treasury Secretary, and Ed Luce of the Financial Times, who used to write speeches for him and now writes pro-Summers columns in the FT are among those carrying the Summers banner.

Destabilization Algobots Counterfeiting

https://www.youtube.com/watch?v=EktF6r9gm70 [right click]

[+] -6 points by shadz66 (19985) 10 years ago

Summers and Geithner have been steering the US economy back into recession so they can implement the very same austerity measures and "structural adjustment" programs which have been used throughout the developing world.

As the fiscal stimulus dries up, revenue-depleted states will be forced to auction off their public lands, resources, parks and other assets to the highest bidder. The banksters and robber barons will feast on the country's treasures while the middle class is crushed by the free-falling dollar, lost home equity, and persistent high unemployment.

Larry fkn Summers should be in jail. The fact that Oblah-blah keeps considering him for 'high office' is proof positive - if indeed such was ever really needed, that he's thoroughly in the pocket of The 0.01% Parasite Class. Good to see these old posts btw. Thanx for reviving this one JH.

radix omnium malorun est cupiditas ....

[-] 2 points by forjustice (178) from Kearney, NE 12 years ago

If this is a joke, I think the only people laughing are the bankers that paid Obama to make choices like this.

[-] 2 points by MonetizingDiscontent (1257) 12 years ago

every other time Larry opens his malfeasance he discredits his debt-hole