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NY Banksters stole tens of billions in bonus money over the last 5 years

Submitted by Jim Brown on Fri, 01/09/2009 - 17:44
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NY Banksters stole tens of billions in bonus money over the last 5 years. Now due to their immoral actions and possible criminal activity most people have lost 35% of their retirement money. The American taxpayer is now on the hook for 8+ trillions dollars. Should the Banksters have their bonuses "clawed-back?

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Bonuses were based on

Submitted by rooting4thegoodguy on Fri, 01/09/2009 - 18:37.

Bonuses were based on fraudulent profit reports. Jail 'em all

I wished they would get jail time but money would more.

Submitted by Jim Brown on Fri, 01/09/2009 - 21:11.

I wished they would get jail time but money would be more important at this point, taking on too much leverage is not a crime but at some point it is immoral. The bankster stole the money by taking risky positions and they lost therefore they should pay along with everyone else and then some.

"Reality is the leading cause of stress amongst those in touch with it."
--Jane Wagner

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A Republic, If You Can Keep It

Should the Banksters have their bonuses "clawed-back?"

Submitted by Scott Barber on Fri, 01/09/2009 - 18:13.

Nope, they're bankers... We are simply cannon fodder. 'Nuff said.

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"Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has." ~ Margaret Mead