Goldman Sachs’s Griffiths Says Inequality Helps All
A Goldman Sachs International adviser defended compensation in the finance industry as his company plans a near-record year for pay, saying the spending will help boost the economy.
“We have to tolerate the inequality as a way to achieve greater prosperity and opportunity for all,” Brian Griffiths, who was a special adviser to former British Prime Minister Margaret Thatcher, said yesterday at a panel discussion at St. Paul’s Cathedral in London. The panel’s discussion topic was, “What is the place of morality in the marketplace?”
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"Yes suh maasah. It be good that you nice folks ovah at da Goldman Sachs be making all dat money." -anonymous debt slave
Why don't some of you Goldman folks take a trip over to Michigan where the unemployment rates have skyrocketed and ask them how your theft of the taxpayers money is working out for them ....... or how crashing the market has helped those people going bankrupt over hospital bills ....... or those people whose loved ones will die this year because of what you've done?
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A few people at the top get huge bonuses, those at the bottom get nothing except more cutbacks.
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