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Friday, December 21, 2007

Wall Street bonuses up 14%

For years I've been talking about how to the Bush administration up is down, right is left, black is white, etc., etc. It seems that the idea is infectious -- now Wall Street has caught the disease (or maybe Wall Street gave it to Bush, who knows?) Here we are in the midst of the worst financial crisis since the Great Depression, a crisis that could easily cause the collapse of the entire financial system, banks and all, and what do we learn today?

NEW YORK - This might have been one of Wall Street's most dismal years in a decade, but that hasn't stopped bonus checks from rising an average of 14 percent.

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