Thursday, January 21, 2010

Goldman Sachs Bonuses amid record homelessness in New York

Americans are outraged as Goldman Sachs releases record fourth quarter profits and announces plans to give more than 16 billion dollars in bonuses. Joining in the bonus frenzy is New York Mayor Michael Bloomberg, who is handing out millions to his campaign aids even as homelessness in the city is at levels not seen since in the Great Depression. Will this outrage translate into action?