I think that part of the calculation they were making was the way the contracts were written.

Now, the question is, who in their right mind, when your company is going bust, decides we're going to be paying a whole bunch of bonuses to people?

You're living it every day.

Our children's futures depend on it.

Everybody's got an opinion.

I didn't run for President to pass on our problems to the next generation or the next President. I ran for President to solve these problems so that you've got a better shot at life.

the Department of Commerce must and will be an unyielding advocate for American business and American jobs, at home and around the world.

People are right to be angry. I'm angry.

So we're going to do everything we can to deal with these specific bonuses. And I know Washington is all in a tizzy and everybody is pointing fingers at each other and saying it's their fault, the Democrats' fault, the Republicans' fault…

So for everybody in Washington who's busy scrambling and trying to figure out how to blame somebody else, just go ahead and talk to me. Because it's my job to make sure that we fix these messes even if I don't make them.

But what's just as important is that we make sure we don't find ourselves in this situation again where taxpayers are on the hook for losses in bad times and all the wealth generated in good times goes to those who are at the very top of…