Outrageous Bonuses for Bank Bigs
New York Attorney General Andrew Cuomo has sent a letter to the the stage of the banks that have received federal taxpayer bailouts concerning their bonus pools. He wants to make sure they haven’t increased their gift pools considering they got the bailouts. I put on’t consider he goes nearly far enough. These banks have performed in this way poorly that they require a taxpayer bailout.There should be NO bonuses paid to their executives and managers until the taxpayer money has been recovered. It’s outrageous that these greedy people would award themselves bonuses at a appropriated time like this.
Original text: {news-link}
