{"id":357519,"date":"2010-02-24T09:31:00","date_gmt":"2010-02-24T14:31:00","guid":{"rendered":"tag:consumerist.com,2010:\/\/1.10002493"},"modified":"2010-02-24T04:33:35","modified_gmt":"2010-02-24T09:33:35","slug":"what-can-20-billion-in-wall-street-bonuses-really-buy","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/357519","title":{"rendered":"What Can $20 Billion In Wall Street Bonuses Really Buy?"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/consumerist.com\/assets_c\/2010\/02\/perspective_on_cash-thumb-300x240-37365.jpg\">         <\/p>\n<p>After hearing Tuesday&#8217;s news that &#8212; only a year after an unprecedented federal bailout of the banking industry &#8212; Wall Street banks had <a href=\"http:\/\/consumerist.com\/2010\/02\/bankers-back-to-congratulating-themselves-bonuses-up-17.html\" >rewarded their executives with over $20 billion in bonuses<\/a> in 2009, we did a quick look around to see what else is worth that much cheddar.<\/p>\n<p>Among other things, $20 billion is&#8230;<\/p>\n<p>\u2022 The size of Jamaica&#8217;s annual Gross Domestic Product<\/p>\n<p>\u2022 Greater than the combined annual revenue of the NFL, NHL, MLB and NBA<\/p>\n<p>\u2022 Enough to make someone the 7th wealthiest person on the planet<\/p>\n<p>\u2022 Enough to cover 2.5 months of the <a href=\"http:\/\/consumerist.com\/2010\/02\/obama-wants-to-include-coverage-for-31-million-uninsured-people-in-health-care-plan.html\" >proposed White House Health Care Plan<\/a> <\/p>\n<p>\u2022 According to Forbes, the combined wealth of Richie Rich and Tony &#8220;Iron Man&#8221; Stark<\/p>\n<p>\u2022 The estimated total dollar amount lost by investors in the Bernie Madoff Ponzi scheme<\/p>\n<p>\u2022 Enough to give $31,000 to every person in North Dakota<\/p>\n<p>\u2022 Three times the total cost (including infrastructure improvements) of putting on the 2010 Winter Olympics<\/p>\n<p>\u2022 Twice what Vancouver stands to earn from hosting the 2010 Winter Olympics<\/p>\n<p>\u2022 8x the current global box-office receipts for Avatar<\/p>\n<p>\u2022 Almost double Haiti&#8217;s GDP and equal to the combined GDPs of the World Bank&#8217;s bottom 20 nations<\/p>\n<p>\u2022 10x the estimated cost of the Toyota recall<\/p>\n<p>\u2022 The cost of the Command\/Service Module used in the Apollo Moon landing mission<\/p>\n<p>\u2022 25x the combined total annual income of the world&#8217;s top 20 athletes (including endorsements)<\/p>\n<p>\u2022 $5 billion less than Harvard&#8217;s total endowment<\/p>\n<p>\u2022 20x the value of the University of Delaware&#8217;s endowment<\/p>\n<p>\u2022 12X what Google paid to acquire YouTube<\/p>\n<p>\u2022 3x the amount of money lost gambling on the Las Vegas Strip in 2009<\/p>\n<p>We encourage you to keep this list running in the comments!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After hearing Tuesday&#8217;s news that &#8212; only a year after an unprecedented federal bailout of the banking industry &#8212; Wall Street banks had rewarded their executives with over $20 billion in bonuses in 2009, we did a quick look around to see what else is worth that much cheddar. Among other things, $20 billion is&#8230; [&hellip;]<\/p>\n","protected":false},"author":5519,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-357519","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/357519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5519"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=357519"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/357519\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=357519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=357519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=357519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}