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
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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