America Discovers That Bailout Will Be Used To Pay Wall Street Bonuses

America Discovers That Bailout Will Be Used To Pay Wall Street Bonuses

U.S. taxpayers have suddenly noticed where much of the first tranche of the Wall Street bailout is going. Bloomberg's Christine Harper talks to the people:

``I may not understand everything, but I do understand common sense, and when you lend money to someone, you don't want to see them at a new-car dealer the next day,'' said Ken Karlson, a 61-year-old Vietnam veteran and freelance marketer in Wheaton, Illinois...

``Even really sober people are saying this is the worst financial crisis since the Depression, and they're saying bonuses are just going to be reduced?'' said Patrick Amo, a 53-year-old retired merchant marine in Seattle. ``Oh my God, you read that and your jaw drops.''...

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