Hey, GM, no bonuses until the bailout is repaid
General Motors is reporting record profits for 2011 and has announced it will reward employees with $7,000 bonuses. ’Scuse me? Bad enough the execs got huge bonuses for doing nothing more than accept a massive taxpayer-funded bailout. Now they’re giving bonuses to all the employees? Hey, pay back the damn taxpayers first! The employees should be more than happy just to have their jobs. No bonuses till all the bailout money is repaid. Period.