In 2010, total compensation and benefits at publicly traded Wall Street banks and securities firms hit a record of $135 billion, according to an analysis by The Wall Street Journal. The total is up 5.7% from $128 billion in combined compensation and benefits by the same companies in 2009.
For a minute I had to jump over to the White House website to see if George Bush was back in charge. The Democrats told us that Wall Street got rich because of George Chimpy McBushHitler Halliburton. And yet . . .
The dirty little secret is that many of those people on Wall Street who are getting ridiculously rich are Obama supporters. But then the Democrats are so loudly demagoguing Republicans as tools of Wall Street that they hope you don’t notice that fact.