October 29th, 2008 10:16 AM by Andrew Walter May CEO
Smaller banks are what America should stand for. It certainly is questionable what America stands for when you work in Big Banking. America's top banks raked in $125,000,000,000 in a government bailout and already spent $108,000,000,000 of it on employee compensation for senior executives. Only UsBank refused government money (and First Citizens, and other smaller banks).
Read the attached article for up to date information on how your tax dollars are being put to work. Remember, don't reward these banks with your business. They are taking tax payer money and giving it away to employees. Almost dollar for dollar.
Bank Executives Get Windfall Bonus