Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009)
by cm2187 on Monday February 09, 2015 @09:13AM
(#9021188)
If the state got its money back, it means that money wasn't paid away in bonuses.
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Re:Banks Paid $32.6B in Bonuses Amid U.S. Bailout (2009)
by justincormack on Monday February 09, 2015 @10:42AM
(#9021699)
No, the state might have got a better return without bonuses (although I cant remember how the deal was structured). Mind you you could argue that getting a sweet deal like that deserves a bonus...
It is certainly a better deal than the Irish bailout, which will never be paid back and amounted to 100% of GDP.