Much as I hate to see this money paid, there's probably not much that can be done about it. As I understand it, its not so much a "bonus" as it is commissions for selling insurance. Most of it was for selling "credit default swaps", which is the scheme Wall Street came up with to "protect" itself when investing in packages of loans- its "insurance" against those loans failing. Like any other insurance product, you reward the sales people for selling it, without regard to how that particular insurance contract works out. They don't wait to see if your life insurance policy panned out for them, or whether you died too early for it to be profitable, before paying the salesman his commission.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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