The Red Brick Times

  Monday, November 23, 2009

Remember Leona Helmsley? She was a billionaire New York City hotel operator and real estate investor who's most famous quote may be "We don't pay taxes. Only the little people pay taxes ..." Leona was eventually made to eat those words. Maybe her mistake was that she thought to small. Not like these guys:
Goldman Sachs Group Inc., which got $10 billion and debt guarantees from the U.S. government in October, expects to pay $14 million in taxes worldwide for 2008 compared with $6 billion in 2007.

"This problem is larger than Goldman Sachs.... with the right hand out begging for bailout money, the left is hiding it offshore."

Posted 9:16 AM by whatley (1) comments

       Comments:
  • P.S. They're paying $10.9 billion to themselves in employee compensation (bonuses) and benefits for a job so obviously well done.
    # posted by Blogger whatley : November 23, 2009 9:47 AM
     
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