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Obama ashamed of Wall Street January 30, 2009

Posted by Jeff Nabers in : Money, Personal Enjoyment, real estate, Self Directed IRA Solo 401k , trackback

$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.

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1. Obama ashamed of Wall Street « Jeff Nabers’ Self Directed IRA … | Michigan Real Estate Investing - January 30, 2009

[...] View original here: Obama ashamed of Wall Street « Jeff Nabers’ Self Directed IRA … [...]

2. Jim - January 30, 2009

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?

3. Obama ashamed of Wall Street « Jeff Nabers’ Self Directed IRA … | Michigan Real Estate Investing - February 1, 2009

[...] The rest is here:  Obama ashamed of Wall Street « Jeff Nabers’ Self Directed IRA … [...]