Nine banks that accepted $175 billion from the federal government’s Troubled Asset Relief Program (TARP) doled out $32.6 billion in bonuses last year. New York attorney general Andrew Cuomo’s report also said that the bonuses for some of executives were "substantially greater" than the banks’ net income itself. [ABC News]
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About Featheriver
Born and raised in Oklahoma. Improved in California. Out to pasture in Nevada.
Born in 1933, Korean War Vet in USAF. Occupation: Criminal Law and Torts. Retired California Lawyer. Now live in Pahrump, Nye County, Nevada.
