Monday, November 23, 2009

The Times urges Goldman to donate bonuses to National debt

The New York Times laid down a particularly (and rightfully so) scathing editorial on the joke that is Goldman Sachs. Urging them to instead of handing out some 16.7 BILLION with a B for bonuses this year after being bailed out by the government only months earlier to donate the money towards the national debt. It truly is a disgusting display of malfeasance celebrated. It disgusts me that a company can drive itself to ruin and yet after being mercifully saved, then go and spit in the face of those that helped it. The idea that the Times promotes is novel yet makes sense in the face of the arrogance of the current situation. By donating the money to the national debt, some level of good will is at least attributed to the company from citizens who will never see a dime of the current bonuses. I think its a great idea, I'd like to think some shareholder would also support the idea, I think it would be a great thing to do indeed.

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