30 Jan

White Collar Crime: Treasury Approved Lucrative Exec Payouts for Bailed-Out Firms

New York Daily News columnist and Democracy Now! co-host Juan Gonzalez reports the Treasury Department has approved payouts exceeding $5 million for 49 executives at firms that most benefited from the Wall Street bailout. The executives’ pay came despite the $500,000 salary cap established under the Troubled Asset Relief Program (TARP). YouTube Preview Image

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