Barney Frank on Bonuses

Friday, July 31, 2009

Transcript

A report from the New York Attorney General’s Office says top-dog bankers are rolling in huge bonuses, and the House of Representatives is set to vote on a pay-reform bill today that aims to put a cap on some of those compensation packages. Chairman of the House Financial Services Committee, Barney Frank is leading the fight in the House and joins The Takeaway to talk about the bonuses.

Read a transcript of the conversation with Rep. Frank.

Watch Rep. Barney Frank discuss single payer health care in the video below.

Guests:

Barney Frank

Hosted by:

Amy Holmes

Contributors:

Jesse Baker

Comments [1]

Jerseyjon

Banks making record profits by taking taxpayer money to make their bad loans good, not making new loans, their income statements look great, bonuses for all. Meanwhile, I am out of a job because capital budgets in corporate america were shut down in Q1 and Q2 because these same banks are not making loans. It's like we just subsidized this banking class off the back of the rest of the economy.

Jul. 31 2009 09:14 AM

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.