Rewarding Failure: The Bail-Out Bonuses on Wall Street Continue

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Margaret Bassett

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So the Community and Regional banks that didn't have anything to do with causing the recession are paying the price -- along with the rest of America. But the big Wall Street banks that actually caused this catastrophe are rolling in money and handing it out in huge chunks to the brilliant young speculators that drove the process.

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Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.

Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.