2 Headlines-Same Day: "Wall Street To Award Record Pay" & "Homeless Population Hits Record High"

[kpete]

Wall Street On Track To Award Record Pay

BY AARON LUCCHETTI AND STEPHEN GROCER

Major U.S. banks and securities firms are on pace to pay their employees about $140 billion this year -- a record high that shows compensation is rebounding despite regulatory scrutiny of Wall Street's pay culture.

Workers at 23 top investment banks, hedge funds, asset managers and stock and commodities exchanges can expect to earn even more than they did the peak year of 2007, according to an analysis of securities filings for the first half of 2009 and revenue estimates through year-end by The Wall Street Journal.

more:
http://online.wsj.com/article/SB125547830510183749.html?mod=WSJ_hps_LEFTWhatsNews

...................

Homeless Population in Shelters Hits Record High
This year is the "worst on record"
By VICTORIA CAVALIERE

There number of homeless people using city shelters each night has reached an all time high -- a 45 percent increase since Mayor Bloomberg took office eight years ago, according to a new report.

The statistics, released today by the advocacy group Coalition for the Homeless, find that over 39,000 homeless people -- including 10,000 homeless families -- check in to city shelters every evening.

In 2002, about 31,000 people were using city shelters -- and those numbers have steadily increased each year, the group said.

This year has turned out to be "the worst on record for New York City homelessness since the Great Depression," they said.

more:
http://www.nbcnewyork.com/news/local-beat/Homeless-Population-in-Shelters-Reaches-Record-Levels-64124597.html

[blindpig]

1. "We're turning the corner"

Yeah, who is 'we'?

The priorities are clear.

k&r

[Blue_Tires]

2. whew...for awhile i was worried the hedge fund guys wouldn't get their new Ferrari for 2010

:sarcasm:

[KG]

3. Thank Gawd It Passed!!!

count me as another 'Americans for Jobless Recoveries'!

I don't mind living under a bridge as long as the banksters get their bonuses!

USA! FUCK YEAH!!

[SammyWinstonJack]

6. +1 nt

[OHdem10]

4. U.S. has not returned to its Aristocratic Roots. Maintaining the

Aristocracy is the work of both Dems and Repubs pm the Hill.

[lonestarnot]

5. Woohoo. Wouldn't want Wall Street to get cold.

[donheld]

7. We've found the definition of the word Obscene

[NaturalHigh]

8. Kind of shows the disconnect for some people, doesn't it?

How could someone possibly enjoy a multi-million dollar paycheck when people are starving and freezing in the streets?

[flyarm]

9. About that change we can believe in.............

just kidding.......

[Solly Mack]

10. The curtain and behind the curtain

K&R

[G_j]

11. yep

:cry:

[Tierra_y_Libertad]

12. Some day those nice capitalists will trickle down some gruel to the slaves.

Well, not really, but they might think about it, and will certainly tell us that we have to be patient.