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December 26, 2008
Loser Bank Execs Take the Money and Run
Oh, woe to those under the heavy yoke of leadership:
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
Nice work by the Associated Press
Notes Barney Frank, House Banking Committee chairman:
"Most of us sign on to do jobs and we do them best we can.... We're told that some of the most highly paid people in executive positions are different. They need extra money to be motivated!"
Posted by davidphinney at December 26, 2008 09:05 PM
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