Wall Street banks distributed $18.4 billion in year-end bonuses in 2008. $18.4 billion to the people who crippled our economy with their recklessness and greed and then took $700 billion of our money.
President Obama took an important first step, limiting pay at companies taking bailouts going forward. But Congress is considering going even further.
Congress can apply the limits retroactively, and might even take back some of the most extravagant bonuses at firms that take taxpayer money. A huge public outcry will put them over the edge.
A compiled petition with your individual comment will be presented to your senators and representative.
Full petition text:
"Congress must place enforceable, common-sense limits on salaries at all the banks that have taken taxpayer dollars."
Please submit unanswered questions here: http://pol.moveon.org/feedback/
The " Limit Salaries at All Banks Taking Taxpayer Dollars " campaign is brought to you by MoveOn.org Political Action™.