Wednesday, December 20, 2006

.... Big bonuses on a cold day

It was -2 Degrees and I was out there in the thick of it all.
I know its not the coldest but for me there is no difference anything freezing doesn't go well with my system.

Anyway as expected Goldman Sachs Lloyd Blankfein went it the record books today for the highest bonus on Wall Street - He's definately not feeling the freezing weather. I don't really bother quoting the figures it is difficult to relate to what they are talking about - okay maybe to me! $87m BONUSES just after 7 months on the job! In London of course there was debate about this excessive pay in the City. Jealous, maybe that's what the bankers think of the rest. And the mayor of London had an interesting perspective.

It is the time of the year when those who worked hard are rewarded - NOT EVERYBODY. Well the money will move around and therefore the financial hubs of London and NY will benefit. It is normal apparently for the rich to want to connect to others who have less!

I don't know about that.

Hey it's christmas maybe like me you got something small as a bonus or maybe you got nothing it's life (That's my christmas message). I'd like to know what others think - Do we have such issues in Kenya or Africa for that matter.

2 comments:

E-Nyce said...

I'm a grad student, having quit work to finish this final year(Yay!). I guess the "bonus" for us students is to get a PASSING grade in our courses. We certainly did work very very very hard to get it.

I doubt if my next job will offer bonuses, but you can believe I will fight for all the compensation that I can get.

Frugal African said...

Well I hear you e-nyce it's all sweat for now - as for the bonuses they are obscene but i want me some of them!