Friday, March 27, 2009

Question of The Day - Too Systemically Important For a Base Pay of $180K?

How great is this?… On the very day that Bankers meet with Obama to tell him that “We’re All In This Together” Bank of America released plans to increase investment banker base pay by… get this… 70%!!

Simply Unbelievable!

Apparently “during such challenging times” they regularly “review compensation programs” to decide if investment bankers can get by with a mere $120K increase.

Wow! America you are suckers! That’s your money! Ha! Ha! Ha!

$45 Billion in government bailouts and hmm... have you checked the APR on your overdraft lately?

What's it up to like 29% now?