From virtual bankruptcy to billion dollar TARP bonuses.....
What Red Ink? Wall Street Paid Hefty Bonuses By BEN WHITE Published: January 28, 2009
By almost any measure, 2008 was a complete disaster for Wall Street — except, that is, when the bonuses arrived.
Despite crippling losses, multibillion-dollar bailouts and the passing of some of the most prominent names in the business, employees at financial companies in New York, the now-diminished world capital of capital, collected an estimated $18.4 billion in bonuses for the year.
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