Bank Bonuses

Ratickle

Founding Member / Super Moderator
"$1.6 billion went to bailed-out bank execs
Records show bonuses, chauffeurs, health club benefits, financial planning"


The Associated Press
updated 2:03 p.m. ET, Sun., Dec. 21, 2008

"Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.

The rewards came even at banks where poor results last year foretold the economic crisis that sent them to Washington for a government rescue. Some trimmed their executive compensation due to lagging bank performance, but still forked over multimillion-dollar executive pay packages."

Makes you want to puke. And our congress won't do a damn thing about it because most of them are on the take from these guys.:cuss:

http://www.msnbc.msn.com/id/28337800?GT1=43001
 
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you thought the waste of taxpayer bailout money ended with AIG corporate retreats?? I got some property in florida to sell you too.....
 
"Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.

I think that "last year" refers to 2007. Everyone was doing great 12 months ago. remember?
 
just wait..

Obama
Bailout
And
Money
Allocation

it's comming to a country near you.

I'm no fan of Obama, but Bush and the Democratic Congress are doing all of this "bailout" right now. Obama has to wait another four weeks before he officially gets the reins of power!
 
I'm no fan of Obama, but Bush and the Democratic Congress are doing all of this "bailout" right now. Obama has to wait another four weeks before he officially gets the reins of power!

That's when the money spigot will really open up. :seeya:
 
Redistributionn of wealth means that they are taking our money and giving it to the bankers and other top execs who lost theirs. We belong to a pecking order.
 
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