Political Quotes

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
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.
Said by
David Gergen
Independent · Massachusetts

Editor's note · Context

Gergen comments on the public's anger towards banks for excessive bonuses despite receiving bailout money.

Share

More from David Gergen

Dec 29, 2022

I think the turning point that came were the midterm elections. The fever broke with those midterm elections. And what we've seen since then is a steady decline in Trump's credibility and in his position with the American people, and a…

transcripts.cnn.com
Oct 27, 2022

For Donald Trump to go for a 24-plus hours without a word being said is an outrage in and of itself. This is a man who is seeking the nomination of a major political party, very likely to get it. And now look at the leadership he is…

transcripts.cnn.com
Jul 2, 2023

If he comes out and throws cold water on this, then I don't think it goes anywhere.

transcripts.cnn.com

Other voices in this conversation