Word: timely
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Dates: during 2010-2010
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...bank bonus payouts. In the next week or so, Goldman and other large financial firms will hand out an estimated $140 billion in 2009 bonuses. Goldman alone is expected to enrich its employees by $18 billion. The large bonuses have drawn scrutiny because they are being paid at a time when the unemployment rate is 10% and many Americans are suffering financially. What's more, many Americas believe Goldman and others only survived because of taxpayer support, and now are unfairly profiting from the government bailouts...
...participate, which is not likely to be the case. Still, even $700 million would be far less than the $12.9 billion Goldman received when AIG was bailed out by the Federal Government. And it's a fraction of what Goldman has been making in the market at a time when the government is spending trillions to support asset prices. In the third quarter alone, Goldman raked in nearly $100 million a day in trading profits. In all, the firm is expected to have earned $12 billion...
Presumably, the airlines don't mind because the change means they need fewer ramp personnel, and now they get paid every time they do handle your bag. In reality, it's the airline flight crews who are now doing the baggage handling, for no extra wages - and don't they enjoy it. (See 10 things you didn't know about money...
Giving some passengers a disincentive to check their bags makes the experience worse for everyone, even the people who paid the fees to check their bags. I admit, I don't like dragging a suitcase around a cramped jet. I prefer to check mine if I have enough time. But I still have to find a spot for a laptop case and coat, and I still risk getting beaned by falling valises or smacked by baggage that's being hauled down the aisle by overloaded, exhausted, ill-tempered passengers...
...world's most influential people in the 2009 TIME...