Goldamn Sachs gave out more in bonuses than it earned in income last year, according to a lawsuit filed by a pension plan. The suit says that Goldman’s revenue was inflated by government bailouts, yet it continued to pay out 50% of revenue as bonuses. [Reuters]
More From Consumerist
-
Bankrupt Hostess Wants To Reward Executives With $1.8 Million In Bonuses
-
Lawmakers To AIG: Don’t Even Think About Joining $25 Billion Lawsuit Against Govt.
-
Bank Of America To Shell Out Another $500 Million To Settle Another Investors’ Lawsuit
-
"Cocktail Party Animal" Sues Bar For Serving Him Booze & Severing His Finger While Bouncing Him
-
U.S. Sues Wells Fargo, Accuses It Of Being A Loan Factory Pumping Out Deficient Mortgages
