In some respects this part right here is the cause:
Quote:
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The initiative, which is in its early stages, is part of an ambitious and likely controversial effort to broadly address the way financial companies pay employees and executives, including an attempt to more closely align pay with long-term performance.
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In my world, you are compensated for performance. These banks who did get Fed funding still got fat bonus checks. Just how does that work? Run a company into the ground and take the world with it....make millions in your personal account. Just does not add up. Furthermore, banks that did not get Fed funding are also included. They should be. Regulation apparently is the only way to go. These other banks left to their own devices could do the exact same thing. Socialism? Maybe on the surface. Smart? I think so. It is sickening to see a CEO waltz away from a dead company with millions.