Monday, January 18, 2010

Comparing Headlines: Our New Plutonomy

http://www.guardian.co.uk/business/2010/jan/17/goldman-sachs-81-per-cent-rise

"Goldman Sachs bankers are forecast to enjoy an 81% rise in their pay and bonuses for 2009, even though the bank may be forced to respond to political pressure by reducing the amount of money it sets aside for employee payouts in the fourth quarter of the year. "

http://www.usatoday.com/money/economy/2010-01-06-recession-scars-will-take-long-time-to-heal_N.htm

"The aftershocks from deep recessions reverberate for years, even decades, and take an enduring toll on everything from government finances to countless upended individual lives."

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