Obama Doesn’t ‘Begrudge’ Bonuses for ‘Savvy’ Blankfein, Dimon

Bloomberg reports;

President Barack Obama said he doesn’t “begrudge” the $17 million bonus awarded to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon or the $9 million issued to Goldman Sachs Group Inc. CEO Lloyd Blankfein, noting that some athletes take home more pay.

The president, speaking in an interview, said in response to a question that while $17 million is “an extraordinary amount of money” for Main Street, “there are some baseball players who are making more than that and don’t get to the World Series either, so I’m shocked by that as well.”

All those campaign contributions by Goldman Sachs and J.P. Morgan helped inspire Senator Obama to lead the drive for TARP. The banking cartel likes socialism when their guy Obama steps of to the plate for them!