Report: $1.6 billion went to executives at bailed out Wall Street banks last year.
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Welcome! Once a journalist, always a journalist. I left the news business to try something completely different (for a time), but realized I still felt the need to keep up with all that's going on around us. So, this blog emerged as a way for me to filter some of what I feel is important, interesting or funny and pass it along to you. Enjoy! And, feel free to comment on any post.
An Associated Press analysis finds that the executives of Wall Street firms that have been bailed out by taxpayer dollars received “$1.6 billion in salaries, bonuses and other benefits” last year. “Benefits included cash bonuses, stock options, personal use of company jets and chauffeurs, home security, country club memberships and professional money management.” Meanwhile, the [...]
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