Blog on the Run: Reloaded

Wednesday, October 14, 2009 8:45 pm

So, how’s that raise workin’ out for ya?

Filed under: I want my money back. — Lex @ 8:45 pm

I’m so relieved. It looks as if our economy is finally back on the road to long-term stability:

Major U.S. banks and securities firms are on pace to pay their employees about $140 billion this year — a record high that shows compensation is rebounding despite regulatory scrutiny of Wall Street’s pay culture.

Yeah, my pay’s gonna be at a record high this year, and that’s even before you throw in my Cadillac health plan, my Cadillac stretch limo, my country-club membership, my —

What?

What do you mean I’m not getting that?

But … surely if these firms, many of which are chartered and insured by U.S. taxpayers ostensibly to serve some definable public purpose, are paying their top executives so well, then all the problems must be fixed and things must be OK.

Right?

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