Government’s rescue money underwrote monstrous bonuses for bankers
July 31, 2009 by goldguru · Leave a Comment
Some Bank Pay Unmoored from Performance, NY Attorney General Says By Grant McCool, Reuters NEW YORK — Bonuses paid to executives at nine banks that received U.S. government bailout money in 2008 were greater than net income at some of the banks, the office of New York Attorney General Andrew Cuomo said on Thursday. Cuomo, [...]