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1.6bn goldmine for City workers

I've noticed my journey into work appears to be taking longer on the Northern Line these days with a deal of waiting around at Kennington. So - plenty of time to read the Metro - the free paper - which displays its Daily Mail leanings quite often. Today I spotted the story about Goldman Sachs paying out HUGE bonuses.

The US-based firm lost £1.36 billion in the final quarter of this year. Interesting to read then that they will pay an average of £55,000 per employee in bonuses, including over 5,000 employed in London.

They've often been called Goldmine Sachs in the past. The firm defended the bonuses as they helped  "attract and motivate" the best people.

Full story here.

Hmm. What do you think?

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