Comments on: Banks That Got $188 Billion in Bailout Money This Year Paid Out $1.6 Billion to Top Execs Last Year

By: As Big Banks are Criticized for not Lending, Small Banks Find They Can’t Lend

As Big Banks are Criticized for not Lending, Small Banks Find They Can’t Lend — Wed, 18 Mar 2009 17:05:19 +0000

[...] Money Morning Investigative Report on the Bank Bailouts (Part IV): Banks That Got $188 Billion in Bailout Money This Year Paid Out $1.6 Billion to Top Execs Last Year. [...]

By: Wall Street's Bonus System Was a Major Financial Crisis Catalyst

Wall Street's Bonus System Was a Major Financial Crisis Catalyst — Fri, 20 Feb 2009 19:54:43 +0000

[...] make her point, McCaskill cited a report (also carried by Money Morning) stating that executives at 116 banks that got government bailout funds were paid an average of $2.6 million in bo…. She condemned Citigroup Inc. (C) last week for even considering taking delivery of a $50 million [...]

By: The New Banking Bailout Plan Reconstitutes Some of the Same Ingredients That Touched Off the Financial Crisis

Thu, 12 Feb 2009 12:13:57 +0000

[...] to make direct investments in troubled banks. Worse than being merely ineffective, it enabled banks to pay bonuses and finance buyouts – instead of increasing lending, as the government intended. Worst of all: [...]

By: the Stimulus - Nissan Titan Forum

the Stimulus - Nissan Titan Forum — Wed, 11 Feb 2009 00:52:24 +0000

[...] Re: the Stimulus In the absence of further details, none of the foregoing "pork" bothers me much. (except maybe Amtrak) It really bothers me that financial institutions that received $188 billion in bailout money paid $1.6 billion in compensation to 600 executives. That averages to $2,666,666 per incompetent executive. In actuality, some of most incompetent execs received much more. Banks That Got $188 Billion in Bailout Money This Year Paid Out $1.6 Billion to Top Execs Last Year [...]

By: Obama Administration Must Revive "Shadow Financial System" to Revive U.S. Banks

Obama Administration Must Revive "Shadow Financial System" to Revive U.S. Banks — Tue, 10 Feb 2009 15:41:14 +0000

[...] Money Morning Investigative Report on the Bank Bailouts (Part IV): Banks That Got $188 Billion in Bailout Money This Year Paid Out $1.6 Billion to Top Execs Last Year. [...]

By: Jim Rogers: $700 Billion Banking Bailout is ‘Horrible Economics’

Jim Rogers: $700 Billion Banking Bailout is ‘Horrible Economics’ — Tue, 27 Jan 2009 18:50:38 +0000

[...] You can continue to use your balance sheet that is phony ” All these guys are bankrupt, they’re still worrying about their bonuses, they’re still trying to pay their dividends, and the whole system is [...]

By: Obama Requests Release of Second Half of $350 Billion TARP

Obama Requests Release of Second Half of $350 Billion TARP — Tue, 13 Jan 2009 15:18:19 +0000

[...] Morning has detailed how banks have used the first $350 billion: They’ve used the capital to finance investments in other banks – including an investment in China – and to pay bonuses to executives. Then they [...]

By: Sandy

Sandy — Mon, 12 Jan 2009 20:51:52 +0000

From a Canadian view: Americans seem to be very me,me,me and how can you expect your government to be any different! We would be rioting in the streets up here and setting fire to the homes of the rich to make a statement as opposed to complaining 24/7 as guess what, the government has no qualms about putting your money in their pockets while listening to you whine about it , would you?? come on up to Canada at least our governement gives us the finger behind our back not in front of our faces. Voting Bush in a second term makes me wonder if this nightmare is not deserved somewhat!

By: Ruby Schwanke

Ruby Schwanke — Mon, 12 Jan 2009 19:53:53 +0000

Our Government Leaders are doing a great job at Banrupting our country by feeding money to the rich who only feed their own pockets. Where are the Leaders of Our Country and What has happened to Working for the Better of America? As long as everyone can fill their own pockets – they don’t care about America or American Taxpayers.

By: Jutia Group - Market Jitters & Political Critters

Jutia Group - Market Jitters & Political Critters — Mon, 12 Jan 2009 16:05:45 +0000