Nov 18
FINTAG COMMENT Shoot the pig. There seems to be glee in the air as capitalists who once managed thousands of people and added wealth to a country are slaughtered for being greedy and smug. It is true there are many with a disdain for the greedy goings on in banks and when Goldman and UBS announce the end of bonuses, they cheer with delight. But a cash bonus payment is a distribution and income taxes are paid. So if there are no distributions, then tax revenues decline. So as much as the media
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