Bail-Outrage: Misuse of Funds, Lack of Transparency a National Disgrace

Companies are happy about this, think about it they do not have to sell to others for a much cheaper price and get much better terms from us than another company or investor. For them it’s a win – WIN! Now if we could all get car and home loans like this we would be in great shape. Don’t you think?

There is so much bad news out there. Everything from earnings to layoffs to foreclosures to upcoming holiday sales. The only reason that the stock market did NOT have a severe sell off today is because of the lite volume do to the holiday. Tomorrow we will NOT be as lucky. SEVERE SELL OFF IS COMING !!!!

Good job and please keep showing this fraud.

Stop the bailouts and let the chips fall where they may. Using our $$ to pay execs bonuses and recreational activities (AIG) should be CRIMINAL.

I buried all my money out back in my yard, just like cousin Eddie, no one is getting a redcent....:)

BAIL ME OUT STUDENT LOANS 3 KIDS APPROX 175000.00 250000.00 MORTAGE NO JOBS FOR KIDS AFTER GRADUATION WE HAVE A MAJOR OBAMASTRAIN

I always though that a bonus was never absolute, but rather given as a token of good work and going over and above as a manager. The statements made "we give bonuses to keep good employees" is old school. Just where is amployee going who tanked a company? These bonuses are eating investors money. Companies should go back to the old school of: product..investor..then bonuses package if business is above normal. I believe that bonuses should be stated up front before investors risk their hard earned money into any investment.

Can you guys please talk about the "big three" pushing to bail out the "big three?" You know, "Obama, Pelosi, Reid" and "GM, Ford, Chrysler." What industry is next? Who else is too big to fail?

This is obscene! What has happened to our integrity! You mean to tell us the Tax Payers money went in part to pay for executive bonus compensation! We were told via the media that no bonuses could be awarded to executives from any institution accepting bailout support! We were told the bailout funding was needed to keep these institutions from failing! The greed and cooruption in our country will take us down! Lord help us!

Those banks that are going to the window for money should be limited to the amount they can lend that same money for. 2.5-3% would stimulate some borrowing. The banks have been getting this money at 1.25% and are lending it at 6%. That is pissing off a lot of would be borrowers.

every single one of you had a chance on nov 4 to vote every single incumbent out of office....great job america!

Contact your Congress Man/Woman and let them know your frustration around the lack of transparency. We have the internet use it till we get answers: Financial institutions using TARP bailout money to pay executive bonuses. The firms, of course, say it's "different" money and bonuses are key to retaining top employees. But if you need to come to the government for a handout, shouldn't your executives forgo a bonus? Or shouldn't the government make canceling bonuses a condition of getting aid, as is the case in Europe? The Fed refusing to reveal who received almost $2 trillion in non-TARP loans, or what collateral it has accepted from "emergency" loans made to struggling firms, as Bloomberg reports. The Treasury Department providing a tax break to banks involved in acquisitions that could amount to $140 billion. The Washington Post reveals the change to the tax code was issued on Sept. 30, while Congress was debating the $700 billion TARP bill.

every single one of you had a chance on nov 4 to vote every single incumbent out of office....great job america!

"If we are going to go with a socialist model, we should do it the way the Europeans are doing it." FAIL We should no longer celebrate Independence Day.

Wow! Taking the money in the form of taxes from people who have to pull their children from childcare centers because they have no money to pay for the childcare and using this money to the top execs who are rolling in millions to go and buy another jetliner or a sprawling estate on an exotic island? I guess America has become a land of handful crooks (all the top 1% of the Fortune 500 companies) who will sell their own people in open market to fund their golden toys! Let the privately owned companies fail for their mistakes and go home empty-handed or send them to jail! Atleast the next generation of incompetent top execs will not think that the rest of country is ready to fund their next island purchase unless they do something worthwhile!

You didn't think Bush was going to abandon his ways just because he's disliked. He's lining his buddies pockets as a last act of injustice (in long list of many) to the common American!

This is very responsible journalism. I will not be surprised to see this story "disappear" when the powers-that-be see it.

every single one of you had a chance on nov 4 to vote every single incumbent out of office....great job america!

Mr. long essay: let me teach you economics! Take airlines for example, they go bankrupt every week. How many jobs are lost? how many planes are grounded? Going bankrupt doesn't mean everyone loosed there jobs and the company stops, it just wipes out the shareholders and debtholders and you start again.

Henry and Aaron are just doing a great job together. I think you guys do better oversight than our government.