Banks Successfully Lobbied For Weaker Bailout Repayment Rules So They Could Pay Bonuses

Banks Successfully Lobbied For Weaker Bailout Repayment Rules So They Could Pay Bonuses: pWhen the nation’s biggest banks were bailed out in 2008 via the $700 billion Troubled Asset Relief Program, the money came with a few (very loose) strings, including restrictions on executive compensation and some requirements for the amount of capital the banks would have to raise in order to escape from TARP. But as a [...]/p