Sunday, December 21, 2008

Bailout billions out to execs

Banks that are getting taxpayer bailouts awarded their top 600 executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.

The 116 banks have so far received $188 billion in taxpayer help.

Wells Fargo of San Francisco took $25 billion in taxpayer bailout money.


http://www.huffingtonpost.com/2008/12/21/ap-study-finds-16b-went-t_n_152647.html

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