How Obama Got Rolled by Wall Street

Whole article, single page:

http://www.newsweek.com/2010/08/29/how-obama-got-rolled-by-w...

Of course, this was all obvious at the time (check the comments at Calculated Risk at those times), but a major outlet like Newsweek can only report on it now, when all the loot's already walked.

It's not just Obama - look at RBS (84% owned by UK taxpayers after their bailout):

http://www.guardian.co.uk/business/2010/feb/25/bonus-rbs-ban...

Part of me understand the reasons for it - they need to keep the banks as going concerns so we can sell them off again. But I fear that may be establishing a precedent for bailing out the "too big to fail" banks periodically.