The total amount given to nearly 600 executives would cover bailout costs for many of the 116 banks that have so far accepted tax dollars to boost their bottom lines.
bailed out execs pocketed $1.6 billion of the bailout.
advocates of the system explain those execs had already earned the money before the businesses they executivated needed 700 billion dollar bailouts.
without the $1.6 billion they would leave the finance industry and apply their talents to markets that reward them even more than $1.6 billion.