CEOs Attempt to ‘Rebrand’ Bonuses

CEOs Attempt to ‘Rebrand’ Bonuses

They just don’t get it. The Nation‘s Chris Hayes discusses the refusal of Wall Street CEOs to let their unearned bonuses go.

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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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