News of huge executive bonuses given to those leading many of the big banks that received federal bailout money caused President Obama to require full and immediate repayment.

Question

Quizplus · Accepted Answer

While President Obama did express strong criticism towards the large bonuses given to executives of bailed-out banks, he did not require those banks to make full and immediate repayments of the bailout funds due to these bonuses. The repayment terms were based on regulatory assessments and financial stability, not executive compensation practices.

News of Huge Executive Bonuses Given to Those Leading Many