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Monday, November 17, 2008

Oh how noble!

The chief executive at Goldman Sachs isn't going to take a bonus this year.

How noble!

He'll have to make do on just his salary - a mere US$600 000. Let's hope he has some of last year's US$ 68.5 million bonus to tide him over.

Not much cheerful news here at the moment; it's all credit doom-and-gloom. House prices are in free-fall, and apparently job losses in London are likely to be even worse than job losses elsewhere in the country.

There seems to be a huge market in writing how-to-cope-with-the-recession tips, though. It infuriates me when I keep reading articles suggesting things I've been doing for years. Pack a lunch and take it in to work instead of buying lunch? Gosh, I'd never ever thought of that! Wow, great tip!!

2 comments:

Anonymous said...

You'd be surprised how fast 68.5 million bucks can disappear on regular stuff like stamps, gum, houses on Nantucket ... yachts ...

Fiona X

Lisa said...

Too true :-) And I'm a little alarmed that if I've been cutting all these corners already, just where am I going to find anything else to cut.