Open Thread

“that’s ridiculous to say huge bonuses are needed to keep key employees. a trained monkey can just sit there all day pushing paper and playing metaphoric cash register with other peoples fake paper money. ”

I’m with Rob on this one – bonuses aren’t guaranteed and the job market hasn’t softened enough yet that employees can hold their employers hostage expecting big payouts.

Is anyone really in good enough shape besides Goldman to pay out bonuses?

Arkady is on the money with her 10:36 post, My Mom as well as her parents were born & raised in Northern Brooklyn, Cypress Hills/ENY. They have/had nearly undetectable Brooklyn accents. Even to this day, my mother teaches her own grandchildren “proper” speech, for instance I have overheard her stressing to the kids from time to time, the proper pronunciation of the word water… in contrast my dad’s family were from Southern Brooklyn/Bay Ridge as well as Manhattan. They had a more pronounced Brooklyn accent to thier speech. I fondly recall a now deceased AMC Rambler driving Great Aunt of mine who lived in Bay Ridge from the 1930’s until her death, she was born on the Lower East Side of Manhattan around the turn of the century. She spoke in an old NY/Old Bklyn way that I believe is hardly heard anymore and will be soon forgotten. Tiolet= terlert, Oil-=Erl, bathroom =bat-troom, tender= denda, refrigerator= ice box, hold on = hold the wire, and if you left the lights on , she would holler” Whadda ya think dis is-Luna Park!”, Memories…Now if you have never heard of Luna Park, my apologies , you can look it up…I have someone on my wire.

that’s ridiculous to say huge bonuses are needed to keep key employees. a trained monkey can just sit there all day pushing paper and playing metaphoric cash register with other peoples fake paper money.

*rob*

dandel, I’m not going to debate whether or not it is morally right for those companies that accepted TARP money to pay bonuses. There is reality to consider.

Two issues: Some have already paid it back so they have every right to pay as much as they want

Secondly, for those that have not YET paid back TARP, the reality, whether you understand it or not, is that they have to pay bonuses to keep employees. There is a fair amount of hiring going on right now and if companies don’t pay bonuses, they lose key employees.