$18,400,000,000.00
18.4 billion dollars. According the NY state comptroller, that’s what was paid out in bonuses on Wall Street last year as the American people lost nearly half of their investment portfolios… about the same amount in bonuses that were paid out in the supposed boom of 2004.
Obama is concerned because he thinks Wall Street’s greed may undermine the government’s plan to rally support for trillions more in “bailout” and “stimulus” packages. Read the whole story here.
The VP Biden said that he is going to put business owners in jail… Obama said it was shameful, but spent 150 million on the inaugural. Dodd who benefited from sweethart loans is going to get our money for us? Not to mention Congress voted themselves a raise. Where does it all end?