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Now We Really ARE Screwed
Topic: Politics and Law 2:36 pm EDT, Mar 21, 2009

Henry Blodget:

If the "TARP bonus" bill the House passed today becomes law, any of the hundreds of thousands of people who work for Citigroup, Bank of America, AIG, and nine other major US corporations will have to fork over 90 cents of every bonus dollar that puts their household income over $250,000.

That's household income, not individual income. If you're married and filing singly, you'll have to surrender anything over $125,000. Indefinitely.

Paul Graham:

It will always suck to work for large organizations, and the larger the organization, the more it will suck.

Barry Ritholtz:

This current generation is pretty much fucked.

Now We Really ARE Screwed



 
 
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