Jon Stewart on Wall Street Bonuses

[kelvin070]

The bailout CEOs have shown they are incapable of handling the company in the time of need, and still asking for million dollar bonuses. They all should have been replaced.
Jon Stewart on Wall Street Bonuses | Indecision Forever | Comedy Central Video

 

[kelvin070]

Bank CEOs: Mea Culpa on Financial Crisis

(WASHINGTON) — Wall Street executives said Wednesday they underestimated the severity of the 2008 financial crisis and made poor decisions, while also defending their bonus and compensation practices to a skeptical commission investigating what caused the collapse.
Americans are furious and "have a right to be" about the hefty bonuses banks paid out after getting billions of dollars in federal help, the commission's chairman told chief executives of four major banks.


Read more: http://www.time.com/time/business/article/0,8599,1953266,00.html#ixzz0cXPpP2P8