Tonight on CNN Anderson Cooper asked Suzy Orman what she thought of the payouts given to Wall Street bankers and she said – They should pay the money back .
The 8 CEO’s who testified before Congress today paid themselves aproximately 191 million dollars in bonus money in 2007.
Confiscate the bonus…
Watchdog blasts Merrill bonuses
Merrill doled out ‘gigantic’ bonuses despite heavy losses, says Cuomo
By Aaron Smith, CNNMoney.com staff writer
Last Updated: February 11, 2009: 11:50 AM ET
NEW YORK (CNNMoney.com) — Merrill Lynch “secretly” doled out huge bonuses before reporting a huge quarterly loss and getting absorbed by Bank of America, according to New York state’s attorney general. [...]
After taking 45 BILLION in bailout money from American taxpayers, Bank of America CEO Kenneth Lewis paid out approximately 10 million for a 5-day sponsored event outside the Super Bowl.
While glutting our taxpayer dollars, Bank of America dished out cash for 850,000 square feet of interactive entertainment space where they featured items with their logo [...]
Update: Wed., February 04, 2009
Obama Limits Bailed-out Bank CEO Pay To $500,000
Veiw Obama Press Conference
I fell asleep with my television on last night and woke up to CNN reporting on Claire McCaskill calling for a $400,000.00 compensation cap on bailout recipient pay. I was hardly inspired, in fact I was so irritated that I couldn’t [...]
Twitter Time Line
Good Reads Updates
