Tuesday, October 28, 2008

Wall Streeters Can Still Expect Big Bonuses

When the government agreed to bail out Wall Street, the goal was to provide funds to shore up banks' capital bases so they would start lending again. It wasn't to help them fund the bonus pool. But estimates run that as much as $70 billion will get paid out in bonuses to Wall Streeters this year. That amount equals 10% of the $700 billion bailout.

ISN'T THAT DISGUSTING!!!!

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