Let me see how this goes. Henry Paulson, a man of impeccable morals and integrity - beyond the scope of mere mortals, was a CEO of Goldman Sachs. He's given a blank check for 700 billion dollars and told to shore up the economy with it.
Thank you president Bush:
Goldman Sachs ready to hand out £7bn salary and bonus package... after its £6bn bail-out
The size of the pay pool comfortably dwarfs the £6.1billion lifeline which the U.S. government is throwing to Goldman as part of its £430billion bail-out.
As Washington pours money into the bank, the cash will immediately be channelled to Goldman's already well-heeled employees.
News of the firm's largesse will revive the anger over the 'rewards for failure' culture endemic in the world of high finance.