Wednesday, December 21, 2011

Big Bank Bonuses: Big Picture 12/21/11

The New Bottom Line organization projects that the nation's 7 largest banks will have bonuses equal to $156 billion. Meanwhile, there are currently 1.6 million homeless children in America (or 1 in 45 children). In the 2008 bailout, taxpayers dished out $116 to these banks. Instead of using their excess to bail out the 99% or allow their benefits to "trickle-down," these banksters have simply pocketed that much and more.

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