Posted in corruption, the Rigged Game, tagged 2013, 2014, CEO pay, executive bonuses, Goldman Sachs, James Gorman, Jamie Dimon, JP morgan, Lloyd Blankfein, morgan stanley on Jam3000000amThu, 13 Mar 2014 11:40:35 -080014 10, 2010| Leave a Comment »
Three of the country’s largest financial companies gave their CEOs huge raises for 2013, complete with large stock packages. Despite the outrage those raises have prompted, the three men more than earned those pay bumps by sidestepping major legal and financial consequences for their contributions to the financial crisis. This saved their companies ten of billions of dollars in fines, as well some jail time for at least some executives.
Check out the story by clicking on the link below.
Wall Street is up to no good, and has been since 1980, when it took over the Republican Party, and then the Democratic Party in 1994. Income has been massively redistributed from the 99 to the 1 percent via legislative scam after scam, from tax cuts for the rich to international income redistribution schemes falsely labeled as trade agreements. In The Rigged Game, John Hively exposes how this has all come about starting with a revolutionary, but simple reality, all recessions begin in the financial markets.
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John Hively's Blog: News and Analysis of the War Against the Middle Class 