Is Obamas financial reform dead?
February 04, 2010
Despite the White House pleading with Wall Street to stop paying ridiculous bonuses, firms are coming out with huge "compensations" to their employees. AIG distributed $100 million in bonuses yesterday; Bank of America spent $4.4 billion last year on its Wall Street bankers. At the same time there's growing opposition in the Senate towards Obama's proposals to reform Wall Street.
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