“New York state finance officials said today Wall Street is on track to shatter all profitability records this year.
Profits came in at just under FIFTY BILLION dollars
– that’s profit for the first three quarters of 2009 –
and that is much more than was expected for the entire year,
and a stunning TWO-AND-A-HALF times more than the previous record set back in the year 2000.
Bonus payments for bankers and traders could be as much as FORTY percent HIGHER than last year.”
See NBC Nightly News video here:
Posts Tagged ‘stunning’
Posted by Warm Southern Breeze on Thursday, December 17, 2009
Posted in - Did they REALLY say that?, - Read 'em and weep: The Daily News | Tagged: bailout, bankers, bonus, bonuses, Brian Williams, comptroller, finance, fiscal, inconceiveable, money, NBC Nightly News, New York, New York City, New York State Comptroller, news, NY, phenomenal, profit, profits, record, records, Report 16-2010, Review of the Financial Plan of the City of New York, shatter records, state, stunning, Thomas DiNapoli, United States, Wall Street | 2 Comments »