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Reply #98: Yes, and lets hope that the Dems remind Americans about this. [View All]

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Jefferson23 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-30-09 09:50 PM
Response to Reply #49
98. Yes, and lets hope that the Dems remind Americans about this.

Executives Could Profit Off Bailout Through Loophole

Listen Now <3 min 34 sec> add to playlist

Day to Day, December 16, 2008 · When Congress approved the $700 billion bailout for struggling banks, they made sure to include caps on executive pay. But last-minute changes by the Bush administration have left a giant loophole in the regulations. Alex Cohen talks to Iowa Sen. Chuck Grassley discusses how executives could make off with millions.




http://www.npr.org/templates/story/story.php?storyId=98335056
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