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9 Wall Street Execs Who Cashed in on the Boom—and the Bust

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-07-11 10:05 AM
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9 Wall Street Execs Who Cashed in on the Boom—and the Bust
http://motherjones.com/politics/2011/11/9-wall-street-execs-who-got-off-scot-free

Plus: the former Wall Street bankers that Obama picked for his team.

After Goldman Sachs, JPMorgan Chase, and Morgan Stanley announced hefty profits in the fall of 2009, the Obama administration's pay czar said that he'd cap pay at Citigroup, Bank of America, and five other bailed-out companies. The move was largely symbolic: It capped salaries for only 25 executives, kept big stock bonuses in place, and did nothing to address the culture of rewarding folks who sowed our economic destruction. Below, some of the players who made out like bandits during the bubble and the bailout.

CLICK ON EACH WALL STREET EXEC BELOW TO SEE THEIR COMPENSATION MEASURED AGAINST THEIR FIRM'S BAILOUT

:snippage:

Henhouse, Meet Fox
The bankers on Obama's team.

GOLDMAN SACHS CEO turned Treasury Secretary Hank Paulson wasn't the first, or the last, to use the revolving door between Wall Street and Washington. Here's a short list of current and former Obama officials who got their start in the private sector—many, like Paulson, at "Government Sachs."

MORE at the link --
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