OWS unimpressed with Goldman setting aside billions for bonuses

Something tells me the rest of the country feels the same way. How is it possible to have declining numbers yet still have such bloated bonuses? This is why Americans are fed up with Wall Street.

As a share of overall revenue, these expenses are actually up 1% from last year, despite Goldman’s weaker performance.

Those at Occupy Wall Street didn’t need to parse the bank’s earnings report to rail against its perceived profligacy.

“Do they really need all that?” asked Stephen Crawn, 22, who called for “more strict regulation” of the financial industry.

“For the future of our nation, there needs to be a change,” he said.


An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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