According to MSN Money:
$50 billion of bailout going to employee bonuses
Dave
Banks earmark Billions from Bailout for year end Bonuses
by PrimateDave 4 Replies latest social current
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PrimateDave
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Robdar
Well, of course. The bailout is nothing more than a gravy train. It was never meant to be anything but a gravytrain.
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DanTheMan
The lack of any sense of propriety is stunning. Talk about redistributing wealth...trickle-up economics? Nice.
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Gregor
This broke on the cover of the WSJ today. They did all the research. Hopefully the bright light of publicity will expose these cockroaches for what they are. The boards of directors of these outfits should be banned from ever directing a publicly held company again. As usual, the lawyers will be the real beneficiaries of this mess.
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still_in74
yes
"thanks for running the bank into the ground. heres your well deserved bonus"