New York State Attorney General Andrew Cuomo's report on Wall Street bonuses revealed the extent that banks rewarded their employees. Financial News has trawled the web for reaction to the news that six of the US' largest banks, including Goldman Sachs and JP Morgan, collectively had 4,600 individuals each receiving bonuses of more than $1m (€710,000) last year.
The six banks highlighted in the Cuomo report were: Bank of America, Citigroup, Goldman Sachs, JP Morgan, Merrill Lynch and Morgan Stanley. Reaction from the blogosphere was largely sceptical of the banks, which paid out the large sums despite being bailed out under the US governments Troubled Asset Relief Programme - although there was the odd sympathetic post.