Merrill Lynch became the latest bailout recipient to raise the ire of Congress and the public when their CEO asked for a $10 million bonus, weeks after the company took a taxpayer-funded bailout from the federal government.
If their executive board authorizes it, the government ought to consider revoking the company's bailout.
This is just one more proof that the entire bailout package was a very bad idea. There's no accountability, the companies aren't following the conditions of the bailout, and some of these companies will drive themselves into the ground pulling crap like this.
$2 trillion for stuff like THIS?
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