Thursday, January 29, 2009

Obama: Executive Bonuses Shameful

These people are paying themselves with taxpayer money. I wonder if they're feeling shamed or if they're trying to figure out what to do with their bonuses. These people ought to be individually named on the Internet somewhere.
MSNBC: The president reacted harshly Thursday to reports that corporate employees got paid more than $18 billion in bonuses last year.

Said Obama: "That is the height of irresponsibility. It is shameful."
The president said he and new Treasury Secretary Timothy Geithner will have direct conversations with corporate leaders to make the point.

Obama said there is a time for corporate leaders to make profits and get paid bonuses but now is "not that time."

Obama's mad: