From early 2004 till mid-2007, the nine banks named so far to participate in the government's rescue plan earned $305 billion. Since then they have posted losses or write downs of $323 billion (Wall Street Journal).
I haven't heard of any mega-bonuses from the good years being returned.
CEO & Partner, Parisian Family Office. Began Wall Street career in 1982. Founded investment firm, Native American Advisors, 1995. White Earth Chippewa, Tribal Member. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, TN farm, Pamelot or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.
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