Efectivamente, es culpa del socialismo y de la ausencia de mercado.

Cuomo releases ugly details on bank bonuses
Rolfe Winkler Blog Archive Cuomo releases ugly details on bank bonuses | Blogs |

NY Attorney General Andrew Cuomo released his report on bonuses at the TARP Top 9. At these firms alone, over 800 people made north of $3 million in 2008. That’s a lot of scharole. See Appendix B for the bonus breakdown at each bank.

The key info is in one particular table, however:



The columns to the right list the number of employees that received bonuses in excess of $3 mil/$2 mil/ $1 mil.

Banks that are still sitting on their TARP money (Citi, BofA, Wells among them) have no business paying out big bonuses before paying back the government. For that matter, neither do the others, who all continue to benefit from FDIC guarantees on debt and Fed lending facilities through which they’ve traded toxic loans in exchange for perfectly liquid Treasuries. They can use the Treasuries for repo collateral, get cash and then put that on deposit at the Fed where they now get paid interest on their excess reserves. It’s a great scam. One that feeds lots of cash into the 2009 bonus pool.

Bonus Report Final 7.30.09

Veremos si el moreno mete la tijera a este tipo de abusos o no hace nada, porque el tema de los CEO en USA es un escándalo similar al de los bonus de la banca a pesar de ser rescatada y de tener que inyectar dinero desde la FED.



La economía y la política USA es todo un ejemplo pero en este tema tienen su principal punto negro que tendrán que corregir si o si.