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Cuomo Report

Bank Bonuses and the Reform Agenda in the Balance

Jeffrey Sachs | Posted 05.25.2011 | Politics
Jeffrey Sachs

Health care reform hangs in the balance at the same time we learn that nine banks, all recipients of federal bailout support, paid an astounding $33 billion in bonuses in 2008.

Bank Pay Restrictions Face Senate, Obama Skepticism

bloomberg.com | Ian Katz and Jesse Westbrook | Posted 05.25.2011 | Business

July 31 (Bloomberg) -- Restrictions on financial industry bonuses heading to a vote in the U.S. House may be rejected by the Senate and the Obama admi...