Public Outraged at Wall Street Excess

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With layoffs reaching massive proportions and the government spending billions to bail out financial institutions, Wall Street bankers gave themselves nearly $20 billion in bonuses. Private jets and expensive interiors are not things of the past. President Obama responded today by calling such bonuses “the height of irresponsibility.” What can be done? Nell Minow is editor at the Corporate Library and co-author of three books on corporate governance.

Credits

Guest:
Nell Minow - Editor, Corporate Library

Host:
Warren Olney