Boy, that sure was some crisis
Wall Street banks in $70bn staff payout
Pay and bonus deals equivalent to 10% of US government bail-out package
Imagine if we had not had the bailout bill! The Wall Street types who shit the worldwide bed might have missed their outlandish compensation! One shudders to think.
But we’re safe now; at least until their bonuses come due next year, when we’ll have to have another emergency to make sure they get paid.
I may have taken this prudent course of action even before 9/11; I don't remember clearly. But whenever it was, it was long ago.
just remember that andrew sullivan said a legitimate threat after 9/11 was that liberals were not just opposed to fighting terrorism but were in fact a legit "fifth column" supporting terrorism, and you'll learn, as i did 20+ yrs ago, never to listen to him or take him seriously
A tad on the esoteric side.
This is why I no longer write singularity-adjacent SF (from SMBC):
@chick_in_kiev @tomscocca Hmmm wonder what genetic explanation there is for the over-representation of the Irish and French in the Nobel Prize for Literature.
From the referenced article in The Guardian:
“At one point last week the Morgan Stanley $10.7bn pay pot for the year to date was greater than the entire stock market value of the business. In effect, staff, on receiving their remuneration, could club together and buy the bank.”