Elizabeth Warren Quotes
I do not understand how it is that financial institutions could think that they could take taxpayer money and then turn around and act like it's business as usual. I don't understand how they can't see that the world has changed in a fundamental way, that it is not business as usual when you take taxpayer dollars.
Warren, Elizabeth. Hearing of the Congressional Oversight Panel. 2009, Washington, D.C.
High level financial industry executives were earnings millions of dollars even if the company did poorly. In many cases annual bonuses were paid even after the firm lost money and in some cases after the firm had to be sold to stave off bankruptcy. The worst thing in 2009 and 2010 was when some of the banks paid million dollar and more bonuses while the company was getting bailout money from the taxpayers to prevent their bankruptcy.
Elizabeth Ann Warren is an American politician and former law professor who is the senior United States senator from Massachusetts, serving since 2013. A member of the Democratic Party and regarded as a progressive, Warren has focused on consumer protection, economic opportunity, and the social safety net while in the Senate. Warren was a candidate in the 2020 Democratic Party presidential primaries, ultimately finishing third.