Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009)
>“When the banks did well, their employees were paid well. When the banks did poorly, their employees were paid well,” Cuomo’s office said in the 22-page report. “When the banks did very poorly, they were bailed out by taxpayers and their employees were still paid well. Bonuses and overall compensation did not vary significantly as profits diminished.”Waaat. I think the government should stop bailing out businesses. Either you let the company go bankrupt or you nationalize.Also I clearly need a job in banking...