Shaming bankers wasn't sufficient punishment

Kenneth Feinberg announced that he would not try to recoup the $1.6 billion in compensation given to top bank executives. He states that shaming them was punishment enough.

I'm sure that their shame left them when they deposited their bonus checks for almost bankrupting their respective banks. Last I checked this was my tax money that was used to bail their banks out, and now Feinberg lacks the intestinal fortitude to go after these bilkers and bring my money back.

Of course, he represents a president who wants to take from the rich and give to the poor but this is just another lapse in actually walking the walk. The law instructed him to negotiate payback from the banks if those pay packages "were contrary to the public interest."

I not only don't get my money back but the banks are now wiling to charge me interest on my own money should I wish to borrow it. I wonder what industry Feinberg will pursue when he leaves his job as job czar. Wouldn't possibly be banking? No sense in burning any bridges; he has to look out or himself. He sure isn't looking out for me.

Charles Brown

Naperville