Welcome to the Connacher Oil and Gas Hub on AGORACOM
Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta
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Bankers again
posted on
Mar 20, 2009 03:34AM
Guys,
I came across this statement yesterday in Garry Shilling's Insight newsletter and it really hit home how greedy these bankers have been. I was astounded.
I quote:
"From 2002 to 2008, the five largest Wall Street firms paid $190 billion in bonuses while earning $76 billion in profits. Last year, they had a combined net loss of $25 billion but still paid bonuses of $26 billion."