Wychburygirl2 wrote: I'm with you on the having not an iota of sympathy for the financers. And as you point out its the people at the lower end of the food chainer who will bear the biggest brunt.
They have been wreckless and greedy. Their homes should be confiscated and the proceeds of the sale go to government agencies or charities who help the needy and homeless.
I am sick of the garbage that the media spiels out about how tragic it is for them.
That's so simple and so true.
We the taxpayer have just shelled out $30 billion to support the system, whereas in 2005 alone -
"In London, 3,000 in line for £1 million bonus"
"London financial firms will raise annual bonuses by 16 percent to £7.5 billion after investment banks including Goldman Sachs Group posted record earnings in 2005."
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