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Friday, July 31, 2009

Outrageous Behavior

Nine banks took part in the TARP bank bailout last year. Those banks that filled up at the public trough paid 5,000 of their employees bonuses of more than $1,000,000 each, on top of their regular salaries!

Goldman Sachs alone paid 953 traders more than a MILLION DOLLARS in bonuses. That is almost a fifth of all the high paid bankers.

All told, in 2008, those nine banks paid bail out money bonuses of $32.6 Billion at exactly the same time that they LOST $81 Billion.

What we have done is reward the people who brought on The Great Recession with stunning amounts of money!!!!

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