Bailed Out CEOs pocket cash, sell out workers

Since Jan. 1, 2008, the top 20 financial industry recipients of bailout aid have together laid off more than 160,000 employees.

In 2008, the 20 CEOs at these firms each averaged $13.8 million in compensation, for a collective total of over $250 million. As obscene as CEO salaries are generally, these 'bailout bandit' CEOs made out with 37% more than the average CEO of the S&P 500.

In other words, the banksters that wrecked their companies and the economy, directly laid off 160,000 workers, forced hundreds of thousands of others out of jobs by refusing to extend credit to companies like Quad Cities Die Casting, Republic Windows and Doors, Qimondo actually made more money than average top CEOs of the biggest corporations.

Another reason to go to the protest Sept 24 at Wells Fargo.