Hi there,

Immigration raids are spreading across the country. The agencies meant to protect public health are being dismantled from within. Public broadcasting is being defunded... Today, Democracy Now!'s independent reporting is more important than ever. Because we never accept corporate or government funding, we rely on viewers, listeners and readers like you to sustain our work. Can you start a monthly donation? Monthly donors represent more than 20 percent of our annual revenue. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Analysts: Goldman Sachs Made $2 Billion Since March

HeadlineJul 13, 2009

Economic analysts are predicting Goldman Sachs has earned a staggering $2 billion since March. The bank’s stock value has soared 68 percent this year, and analysts predict the bank will pay a total of $18 billion in compensation and benefits this year — that’s an average of more than $600,000 per employee. Goldman Sachs has been a major beneficiary of the government’s bank bailout program. Last year the Bush administration quietly funneled $13 billion to Goldman Sachs as part of the bailout of the failed insurance giant AIG. The government also gave Goldman Sachs $28 billion in low-interest loans.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top