Monday, November 28, 2005

Money, money, money


New York Magazine is reporting that Goldman Sachs will be divvying up a whopping $11 billion in bonus money this year. The mathematics works out to something like $500,000 for every Sachs employee.

For those of you poor sods like me in a studio apartment, New York Mag graciously explains how the boys (for there are few girls) get the co-op (the trophy wife comes later). Of course this being America, some boys are more equal than others. If you think the billions are spread evenly, think again.

Read up for a rare glimpse inside a financial titan.

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