CEOs Attempt to 'Rebrand' Bonuses

By Countdown

February 12, 2009

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For round two of the economic bailout, CEOs from large banks were forced to show some remorse for the catastrophic state of their businesses before a congressional panel. Other CEOs like James Gorman, an executive from Morgan Stanley, promised his staff bonuses based on last year's earnings. The Nation's Chris Hayes explains the shallow contrition of the bankers and why they truly don't understand the public's animosity.

--Gabriela Resto-Montero

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