Obama is irritated ...

The American President Barack Obama criticized and expressed his irritation on top executives of Wall Street financial companies and stated their irresponsible behavior. The fact that about USD 18 billion were drawn as bonuses by employees last year while the financial crunch developed over US markets and were provided by a bailout from taxes paid by common people. Obama referred it as an act of shame and quoted "And part of what we're going to need is for the folks on Wall Street who are asking for help to show some restraint, and show some discipline, and show some sense of responsibility."

The New York state comptroller published a report notifying a figure of USD 18.4 billion consumed as bonuses by the top executives of Wall Street financial companies. Obama was surrounded by business leaders of Wall street and handsomely paid CEOs ,most of these personalities were the heads of giant corporations like IBM , Motorola, Xerox and Corning , Apple , Intel, etc. who get paid handsomely. The President applauded them for trying to cope up with the financial turbulence and planning for betterment unlike the heads of various financial companies of the Wall Street.

Obama went on spotting the discomfort of the public in helping out the financial sector coming out of such a self-dug hole of credit crunch due to extravagant and irresponsible lavishness of drawing bonuses. Joe Biden , the U.S Vice-President in an interview with CNBC was spotted quoting "I mean, I'd like to throw these guys in the brig," referring to such executives who had drawn enormous funds as bonuses.

As the turbulent times continue, the House of Congress has passed a USD 800 billion bailout. Obama has even proposed forming a “bad bank” which would stock funds and make them available for the worst of situations, so that the tax-payers are not burdened with emergency bailout packages. However Obama in the end addressed the top-notch executives of Wall Street and quoted "There will be time for them to make profits, and there will be time for them to get bonuses. Now is not that time."