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  • Wall Street's Bailout Hustle

    02/22/2010 11:28:19 AM PST · by ventanax5 · 5 replies · 445+ views
    Rolling Stone ^ | Matt Taibbi
    On January 21st, Lloyd Blankfein left a peculiar voicemail message on the work phones of his employees at Goldman Sachs. Fast becoming America's pre-eminent Marvel Comics supervillain, the CEO used the call to deploy his secret weapon: a pair of giant, nuclear-powered testicles. In his message, Blankfein addressed his plan to pay out gigantic year-end bonuses amid widespread controversy over Goldman's role in precipitating the global financial crisis. The bank had already set aside a tidy $16.2 billion for salaries and bonuses -- meaning that Goldman employees were each set to take home an average of $498,246, a number roughly...