 |
Kucinich calls for probe of bonuses for Wall Street aid recipients
Raw Story
Monday, Oct 20, 2008
Congressman Dennis Kucinich (D-OH) has called for a probe into $70 billion worth of pay deals planned for employees of failed banking firms receiving government aid.
Kucinich said Sunday that he was directing his staff to immediately probe Wall Street firms that have received any portion of the $700 billion bailout plan recently passed by Congress, in response to a recent report by The Guardian outlining the firms’ dramatic drops in revenue, but not in executive compensation.
That Friday report showed that over $70 billion was to be allocated towards pay deals, including discretionary bonuses, at firms such as Goldman Sachs and Citigroup.
“When Congress placed restrictions on excessive executive pay, it had no intention of permitting business as usual with respect to bonus structures,” Kucinich said. “It would add insult to injury to ask taxpayers not only to bailout a firm, but to pay for bonuses as well. The Guardian’s report necessitates an immediate inquiry.”
Prison
Planet.tv Members Can Watch
Fall Of The Republic
Right Now Online -
Don't Miss Out! Get
Your Subscription Today!
CANCER CONSPIRACY? Are
"they" suppressing the cure? Will YOU
be the next victim? Learn
the Secret Truth! - READ FULL STORY
-
- Social bookmarks
- Email this article
-
- Print this page
12 Responses to “Kucinich calls for probe of bonuses for Wall Street aid recipients”
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | |||||||
| By N2H | |||||||||||||||||||||||||||||||||||||||||
October 20th, 2008 at 4:46 am
If you haven’t seen this vaccine vid yet I urge you too
http://ca.youtube.com/watch?v=GxpCz10TRGU
October 20th, 2008 at 5:37 am
Aint that the truth. I do not want my tax dollars for the bailout to be spent on fat cats wanting to dine, dress, buy crap at my/your expense. Let them eat hot dogs like the rest of us…
October 20th, 2008 at 6:00 am
# 2 i concur…and they should have a can of SPAM to wrap the hot-dogs in!
bon appetit to the fat slugs at the NWO!
October 20th, 2008 at 6:47 am
Not 70 thousand, not 70 million but 70 BILLION freakin dollars for bonuses to CEO’s who’s companies committed fraud and failed as a business? The American people forget just how large a number a billion really is. All hell broke loose about a “bridge to nowhere” in Alaska that only cost 50 million. YOU CAN BUILD ONE THOUSAND FOUR HUNDRED BRIDGES TO NOWHERE WITH 70 BILLION!!!!
Thank you Mr. Kucinich for your fine work and go after these fraudsters. Why the hell isn’t every Congressman outraged? 70 Billion bullshit.
October 20th, 2008 at 8:16 am
Another waste of tax payers $$.
be prepared or be left behind!
http://www.thespectergroup.com/militarysales.htm
October 20th, 2008 at 9:08 am
I can’t tell you how pissed off I am to read this. If these guys were dead we would’nt have to worry about pay deals. The wall street party is now over, so lets turn off the lights-bang!
October 20th, 2008 at 9:18 am
Where’s the soup line?
Everybody’’s broke, and on the edge…
Dress code for the gov soupline, tux and top hats…
valet parking for limos only.
Must have reservations…
must have latest passport,
Resorts change daily and you must be on the A list
October 20th, 2008 at 9:23 am
By 2010 if things don’t change you can expect all of the following
http://ca.youtube.com/watch?v=i-zuM51sp18
October 20th, 2008 at 9:58 am
Time for us to raise our frequency!!!
October 20th, 2008 at 12:48 pm
Surprise! There are no walls between my company and my bank account! AHAHAHAHAHA
Let them eat cake!
Oh, and continue to vote Republican and Democrat or we will bring you a Great Depression.
October 20th, 2008 at 1:01 pm
Pay deals? This was probably the true reason behind the “rescue” or “bailout.”
Kucinich will try but he will be stonewalled. And he has no power to force them to do anything. He’s probably just whining because he didn’t get financial PAC money like his pals did.
October 20th, 2008 at 5:27 pm
Besides less than 1% of the Democratic Party supported his run for the Presidency. He is obviously out of touch on the issue of rampant perpetration of Communism being promoted by the Democrats. What a nutcase.