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huffingtonpost.com - 2/4/2009
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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 ...
nytimes.com - 1/29/2009
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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
nytimes.com - 1/29/2009
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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’
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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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: ...
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