Friday, July 31, 2009

House votes to restrict Wall Street pay

The House did it before it left for summer recess. The bill passed on a 237-185 vote.

In the article "Citigroup, which is now one-third owned by the government after taking $45 billion in government money, gave 738 of its employees bonuses of at least $1 million, even after it lost $18.7 billion during the year."

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