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Too Late to Cry About Goldman Bonuses

By Jim Cramer

 About this article:
 Blame the government for the outsized bonuses that have only gone to the managing directors and employees of Goldman Sachs in the wake of the huge profits the firm is now accruing. We hear endlessly about how outrageous it is that we have to stand by and watch how much Goldman Sachs people are making, but the truth is that we had a chance to participate. We didn't. If the line is true that Goldman didn't need the money but took it, if the line is true that Goldman didn't need to become a member of the banking system to survive or that it wasn't absurdly benefited by the saving of AIG, then we don't deserve to have a stake in the firm. But no one believes that. No one at all. In fact it is the opposite. No matter what Goldman Sachs says, the firm appears...

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