Last Friday, outgoing Compensation Kitty-Cat Kenneth Feinberg made his "huge" announcement re: the bonuses paid out to bank executives for their bang-up jobs during the 2008 calendar year. Although some (mythical) people were supposedly quaking in their boots over what Feinberg was going to do to them, his announcement amounted to saying he'd crunched the numbers and while they weren't so great and maybe should've been smaller in light of what was going on at the time, even he couldn't get it up to care anymore. For the most part, he's not alone. Today, though, we have found one guy, who actually gives a rat's ass.
I'm kidding, he's just doing it to get reelected but still: even the fact that he's feigning making a stink about all this.
Representative Peter Welch, a Democrat of Vermont who is seeking re-election, plans to send a letter on Monday to the heads of those banks requesting the names and pay packages awarded to their top earners at the height of the crisis in late 2008. He also plans to ask them to reimburse the government for those payouts and to halt any future ones until the taxpayer money is returned.