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Why trust the AP?
Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.
I'm thinking - last year? Actually, last year - 2007, the numbers were good for practically all banks, so retention and other bonuses seem aligned with that fact - now this year the story is very different - but, no where in the articles does it state that bailout funds were provided specifically for bonuses and it's extremely doubtful that that will happen as 'bonuses' are calculated for this year. This is crap.....
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