Goldman Sachs' sad commentary on 2008

Goldmans' CEO will more likely than not get a bonus of us$70m this year for a job well done and for the subprime mess it did much to contribute to. Now prospects for 2008 look bleak, and the bank's salad days are coming to an end. There recession, the drying up of liquidity, and of course public trust in this house of ill repute...so earnings will dip and may run to the red. Who will suffer not the fat rotting fish at the head of this banking house but the employees of lesser worth who very well might find a pink slip in the pay envelope. 2008 looks as though it were going to be in the words of elizabeth ii queen of England an 'annus horribilis' for the financial community mafia.