Taxpayers Pay For Banker Bonuses

After accepting TARP money from the federal government in 2008, banks paid out record bonuses (over $100 billion) in 2009.

The federal government now reports the TARP losses will be at least $105 billion.

TARP was a direct transfer of wealth from average Americans to the elite bankers.

Geithner estimated that TARP would end up costing taxpayers $105 billion.