(Update: An earlier version of this chart labeled the Y-axis “dollars in billions,” which is of course inaccurate. Apologies to folks at Goldman for implying that this year’s bonuses would make them quadrillionaires.)

Will have a column on Goldman’s earnings later in the day. In the meantime, thought I’d share a chart I whipped up this morning:

(click chart to enlarge in new window)

Privatized profits in a world of socialized risk. Gotta love The New American Capitalism!