Reply #6: Traders do take risks...

[Lucky Luciano]

they have zero job security...they can show up to work and be fired on the spot. A few bad trades and you may never work in the industry again. Those are risks...besides, I thought that workers are the ones who should get paid? Let's not forget that even with $16.5B in total comp that GS paid out to 26000 workers, the profits were still $9.5B - or $19.60 per share! Their P/E is still about 10ish. It is a well run business where all in it do well - not jsut the CEOs. The enemies, IMO, are the HALs, WMTs, Big Pharma, The Defense Industry, Big Oil, and the M$M. They are much much worse.