The Bloomberg news agency is reporting that Goldman Sachs and Morgan Stanley have set aside billions of dollars for bonuses at the same time they could be eligible for federal bailout funds. In other words, taxpayers could end up helping finance multi-million-dollar bonuses for captains of industry who sunk their own ships. This has lawmakers furious. Larry follows the money trail with Chris Farrell, Economics Editor of Marketplace Money, and Marek Fuchs, writer for "the street.com."
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