Submit a Story!
Obama: $18B In Wall Street Bonuses "Outrageous"
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 meeting later Thursday with his new treasury ...
What Red Ink? Wall Street Paid Hefty Bonuses
nytimes.com — Despite crippling losses in 2008, financial employees in New York collected an estimated $18.4 billion in bonuses... for the year. > (more) What Red Ink? Wall Street Paid Hefty Bonuses
Obama Calls Wall Street Bonuses ‘Shameful’
Obama Calls Wall Street Bonuses ‘Shameful’
nytimes.com — The president criticized bankers for giving themselves $18.4 billion in bonuses as the government was rescuing firms.... > (more) Obama Calls Wall Street Bonuses ‘Shameful’
Obama: big Wall Street bonuses 'outrageous'
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'
Comments
Blog Reactions

Wall Street Insiders Whine Over Obama Executive Pay Limits: ‘$500,000 Is Not A Lot Of Money’
Think Progress — ... plan leaked last night, wealthy Wall Street went into panic mode, insisting that the caps would ruin the financial industry. It’s “a nightmare for any financial institution,” CNBC host Joe Kernen proclaimed this morning, while Fox Business host Alexis Glick said it was evidence of Obama being “a little anti-business.” Others insisted that the “draconian” caps would drive the “best and the brightest” away from Wall Street and that Obama’s anger over executive bonuses was misplaced: ...

Related Content
Obama calls $18B in Wall St. bonuses outrageous (AP)
news.yahoo.com 1/30/2009 — AP - "Outrageous."
The Associated Press: Obama calls $18B in Wall St. bonuses 'shameful'
google.com 1/31/2009 — Obama calls $18B in Wall St. bonuses 'shameful' By BEN FELLER 1 day ago WASHINGTON (AP) President Barack Obama issued a withering critique Thursday of Wall Street corporate behavior, calling it "the height of irresponsibility" for employees to be ...
FT.com / US & Canada - Obama slams Wall Street over bonuses
ft.com 1/30/2009 — 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 ...
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 ...
Summers: AIG Bonuses "Outrageous"
thepage.time.com 3/16/2009 — The top White House economics aide lashes out at the insurance giant's decision to pay $165 million in bonuses to employees. Tells ABC's "This Week:" "There are a lot of terrible things that have happened in the last 18 months, but what's ...
PRESIDENT OBAMA SPEAKS OUT AGAINST WALL STREET EXECUTIVES' BONUSES - New York Post
nypost.com 1/30/2009 — By CHARLES HURT in Washington and ANDY SOLTIS in New York Last updated: 9:11 am January 30, 2009 Posted: 1:39 am January 30, 2009 President Obama delivered a blistering message to Wall Street yesterday, blasting the big-bucks bonuses doled out to ...
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 ...
The Associated Press: Stimulus bill seeks to recover Wall Street bonuses
google.com 2/11/2009 — 1 day ago WASHINGTON (AP) Financial institutions that received federal bailout money and paid large executive bonuses would be required to compensate taxpayers under the economic stimulus bill approved by the Senate. The $838 billion measure includes ...
Obama: Salary cap for bailout is 'common sense' (Politico)Yahoo! News: Politics News 2/4/2009
Politico - Here is the text of President Obama's remarks on executive compensation, as prepared for delivery in the White House Grand Foyer, in remarks with Treasury Secretary Tim Geithner: 
Steel-state lawmakers vow to save "Buy American"Reuters: Politics 2/4/2009
WASHINGTON (Reuters) - Lawmakers from steel-producing states insisted on Wednesday that a Buy American provision remain in a huge economic stimulus plan after President Barack Obama said Congress should look at dropping or changing the measure to ...
Obama's promised health care overhaul delayedReuters: Politics 2/4/2009
WASHINGTON (Reuters) - President Barack Obama's push to revamp the costly and inefficient U.S. healthcare system was facing delay even before Tom Daschle, who was chosen to head the initiative, withdrew his nomination as health secretary.
U.S. House approves children's health billReuters: Politics 2/4/2009
WASHINGTON (Reuters) - The U.S. House of Representatives on Wednesday approved legislation providing $32.8 billion to expand a popular children's health program and sent the bill to President Barack Obama for his signature.
Republicans urge Obama to OK offshore oil drillingReuters: Politics 2/4/2009
WASHINGTON (Reuters) - House Republicans on Wednesday urged President Barack Obama not to close areas off the U.S. Atlantic and Pacific coastlines to oil and natural gas drilling.