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IPFS News Link • Bailouts

Biggest banks in US reward stars with huge bonuses

• Yahoo
Even when their profits dried up and they turned to taxpayers to stay afloat, the nation's biggest banks kept paying huge bonuses. But much of the money went not to top executives, but to star traders and salesmen, even as the economy battled through the worst recession in a generation.

1 Comments in Response to

Comment by Lucky Red
Entered on:

 That, my friend, is the nature of Capitalism.  The rich get richer and the poor get poorer.



PurePatriot