Keyword: Bankers' Bonuses

Republicans and Democrats Failed to Limits Bankers' Bonuses and Salaries! Email Print

In U.S.A. Today October 7 an editorial explained why Congress has so tragically failed the U.S. consumer when it comes to ending bankers' huge bonuses, salaries, and retirement packages.

The editorial explains why tight bank regulations are facing headstrong bankers who want those multimillion dollar salaries and are prepared to fight any form of control:

"Banking industry lobbyists are targeting the Consumer Financial Protection Agency which ... would be the first federal watchdog dedicated to looking out for consumer interests."

Who is trying to stop this control?  The U.S.A. Today editorial explains:

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