ft.com - 1/30/2009
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President Barack Obama lashed out on Thursday at “shameful” Wall Street executives for claiming billions of dollars in bonuses while their stricken institutions asked taxpayers for support. Mr Obama was responding to a report showing that financial sector employees received $18.4bn (£12.9bn) in ...
msnbc.msn.com - 1/29/2009
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msnbc.msn.com —
President Barack Obama believes the multibillion-dollar bonuses that
Wall Street banks awarded themselves for 2008 are "outrageous",
White House spokesman Robert Gibbs said on Thursday.
(more)
Obama: big Wall Street bonuses 'outrageous'
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Pork Good, Bonuses Bad
Wizbang —
That's the official word from President Obama . It's awful when the financial sector gives its employees $18.4 billion in bonuses. It's inexcusable when Merrill Lynch CEO John Thain spends $1 million to redecorate his office. And when CitiGroup wants to buy a $50 million corporate jet, they must be stopped. ...
Now is Not the Time for Profits!
Say Anything —
... President Barack Obama lashed out on Thursday at “shameful” Wall Street executives for claiming billions of dollars in bonuses while their stricken institutions asked taxpayers for support. ...
Around the Web in 80 Seconds, 01.30.09
The Latest on Air America —
... , and they're asking the question in a series of advertisements. Obama slams Wall Street for bonuses . A day after signing the Lilly Ledbetter bill into law, today Obama will sign a trio of bills aimed at reversing Bush's Triassic labor laws aimed at giving folks who work for unions and federal contractors ...
OBAMA CALLS WALL STREET IRRESPONSIBLE, but look at what he’s doing:
Eight hours of debate in the …
Instapundit —
OBAMA CALLS WALL STREET IRRESPONSIBLE, but look at what he’s doing:
Eight hours of debate in the HR to pass a bill spending $820 billion, or roughly $102 billion per hour of debate.
Only ten per cent of the “stimulus” to be spent on 2009.
Close to half goes to entities that sponsor or employ or both members of the Service Employees International Union, federal, state, and municipal employee unions, or other Democrat-controlled unions.
This bill is sent to Congress after Obama has been in office for seven days. ...
Related Content
The Associated Press: Bonuses no luxury for some Wall Street workers
google.com 2/3/2009 — Jan 30, 2009 NEW YORK (AP) To President Barack Obama, Wall Street's $18.4 billion in bonuses is "shameful." To thousands of bank employees who don't sit in corner offices, that money helps pay the bills. Outrage over the bonuses reached as high as ...
Obama Should Do Wall Street Road Trip
simplifythepositive.blogspot.com 1/30/2009 — If I were President Obama, I'd go to Wall Street.
Not the normal way a president goes to New York, by flying on Air Force One.
I'd drive there.
Obama: $18B In Wall Street Bonuses "Outrageous"
huffingtonpost.com 2/4/2009 — WASHINGTON — "Outrageous."
That's President Barack Obama's one-word reaction to a report that Wall Street employees got more than $18 billion in bonuses last year.
Obama will have more to say about the payments after an Oval Office ...
Wall Street Slams Plan With Sell-Off
washingtonpost.com 2/10/2009 — Geithner Vows Bold Action But Offers Scant Details On Mortgages, Toxic Assets Washington Post Staff Writers Wednesday, February 11, 2009; Page A01
Video: Obama Blasts Banks Bonuses
marketnewslive.blogspot.com 1/30/2009 — President Obama blasted Wall Street bankers after a report that employees of financial companies in N.Y. collected nearly $18.5 billion in bonuses in 2008. As Chip Reid reports.
Clawing back bonuses
politico.com 2/11/2009 — Currently roiling Wall Street types is an amendment to the stimulus bill that started drawing attention last night: A move that could effectively limit bonuses to $100,000, making the $500,000 executive compensation limit harder to evade and ...
Obama, Congress seek deal on economic stimulus —
Reuters: Politics 1/30/2009
WASHINGTON (Reuters) - Republicans in the U.S. Senate accepted on Thursday President Barack Obama's offer to search for a compromise on an economic stimulus bill that could end up costing around $900 billion, as long as tax cuts play a large role.
...
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