Senator Bernie Sanders of Vermont is leading the fight to ban bonuses for executives of banks bailed out by taxpayers. He made the case in a letter to Treasury Secretary Paulson. Bonuses totaling more than $70 billion already have been budgeted, according to Forbes. “The same people who created the financial crisis are in line to collectively reap billions of dollars while the middle class is left to pick up the tab,” the senator told the treasury secretary.
"There should be no bonuses, and no dividends, until the money is repaid," a constituent from Dorset, Vermont, wrote to Bernie. "That these companies can take billions from Uncle Sam and then misappropriate it to the detriment of the United States is unbelievable," added a reader from Olympia, Washington
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