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Bailed-Out Banks Dole Out Bonuses

post #1 of 5
12/20/08 at 6:05am
Thread Starter 
When the nation's chief financial officers begged Congress for $700 billion of taxpayer money, they said it was about saving banks. They didn't say anything about saving bonuses.

http://abcnews.go.com/WN/Business/st...6498680&page=1

People are losing everything including their homes and these fat cats begged the government to "bail them out" so they could get bonuses!
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post #2 of 5
12/20/08 at 8:33pm

Re: Bailed-Out Banks Dole Out Bonuses

I KWYM..... I cannot believe the GAUL of these people. They are slamming on the Chrysler and GM about things yet places like AIG and all of these other financial institutions are trying to justify bonuses?!?!?! Give me a flippin BREAK!!! They were the main CAUSE of this issue. If finanical institutions would have been more responsible, perhaps this wouldn't be as bad or wouldn't be at all. UNREAL!
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post #3 of 5
12/20/08 at 10:23pm
Thread Starter 

Re: Bailed-Out Banks Dole Out Bonuses

Bonuses are for doing a good job. IMO running your company into the ground and begging the government to bail you out is not a good job.
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post #4 of 5
12/21/08 at 12:32pm

Re: Bailed-Out Banks Dole Out Bonuses

Exactly.
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post #5 of 5
12/29/08 at 10:46pm

Re: Bailed-Out Banks Dole Out Bonuses

They need to take all those bonuses and give them to the employees who deserve them, and I ain't talking about the management!
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