To be fair, a lot of these bonuses were in 2007 before everything hit the fan. But even so, they have been living at the trough and -- for so heavily so long that that's what's caused this huge negative reaction and why the public is so angry.
David Gergen: “To be fair, a lot of these bonuses were in 2007 before everything hit the fan. But even so, they have been living at the…”
On the recordDecember 21, 2008
Source
transcripts.cnn.comEditor's note · Context
Gergen comments on the public's anger towards banks for excessive bonuses despite receiving bailout money.
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