AP study finds $1.6B went to bailed-out bank execs (Congress, salaries, Canada)

[JDubsMom]

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.


Finance - AP study finds $1.6B went to bailed-out bank execs

[60-minutes-II]

Oh thats good. The execs are going to need that private jet if an economic depression happens due to their greed.

[city414]

i dont think americans care theres no outrage no riots no nothing. the execs knew they were gonna get it. and i still dont think its a loan but a one way check

[KRAMERCAT]

Originally Posted by JDubsMom

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.


Finance - AP study finds $1.6B went to bailed-out bank execs

Their execs make 20 - 40 times what their counterparts make in Europe, Canada and Japan, for being 20 - 40 times worse.

[sickofnyc]

Privatize the profits...socialize the losses.

[thegeist]

Any business which receives government loans should be held and accountable for the pay of their employees & executives, as well as bonuses.

If they are not receiving government (taxpayer) funds, I could care less how much they make because it is not my business nor my money.

[Swampmonster]

Originally Posted by JDubsMom

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.


Finance - AP study finds $1.6B went to bailed-out bank execs

U n r e a l !!!!!! Where is our pride as Americans anymore?IMO We are ALL just sheeple now, REGARDLESS of political affiliation.Sad

[TheJagMan]

$1.6B was the direct amount the AP study found. Imagine what they were unable to find both directly going into their pockets and indirectly such as remodeling their offices and more lavish off-site conferences?

[freefall]

Originally Posted by muleskinner

U n r e a l !!!!!! Where is our pride as Americans anymore?IMO We are ALL just sheeple now, REGARDLESS of political affiliation.Sad

Its the American way -at least the way it is now, which is to have Congress get panicked and tell us the world will end if we dont immediately give tax welfare to the rich, and let them continue to live their royal lifestyle, but when the blue collars need a bailout - put all sort of pay cuts and benefit cuts in before they get anything. The 'royal' rich **** on us again!

[Huckleberry3911948]

our government is not taking care of its people.
its no longer matters what party is in office.
corporate america has the little guy on the ground.
the people need to take away the governments ability to create debt.