Obama Calls Wall Street Bonuses "Shameful" as Dodd Vows to Reclaim Money

Dawn Kopecki and Julianna Goldman, Bloomberg: "President Barack Obama fed a swelling populist revolt against Wall Street bonuses, calling it 'shameful' that banks doled out $18.4 billion as taxpayers bail out companies and the U.S. remains mired in a recession. The bonuses are 'the height of irresponsibility,' Obama said today before meeting Treasury Secretary Timothy Geithner and Vice President Joe Biden at the White House. Firms need to 'show some restraint and show some discipline,' Obama said."

http://www.truthout.org/013009N



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