Bonuses no luxury for some Wall Street workers (AP)
Posted on January 30, 2009 at 11:55 pm in Online Trading
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 the White House this week following news that financial firms were rewarding employees even as they were being bailed out with billions of taxpayer dollars.
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