Goldman Sachs to create problems for US administration
Employees of US bank majors including Goldman Sachs , would be receiving a massive 140 billion dollars as bonus money this year, which is at least 40% more than what they got last year. These banks have survived the global collapse only due to the bailout by the taxpayer’s money, and also due to the massive interest rate cuts by US FED.
But , in contrast, the 57 million social security benefit receivers will receive just a one time bonus of 14 billion.
The US banking industry definitely needs to be brought under direct control of the regulatory authority, and reckless bonus payouts have to be stopped immediately.