Obama spanks Wall Street.

[classicman]

Barack Obama, US president, on Wednesday said he “did not begrudge” the multi-million dollar bonuses given out to Lloyd Blankfein of Goldman Sachs and Jamie Dimon of JPMorgan Chase and added that their large pay-outs were a consequence of America’s “free market system”.

Mr Obama’s comments, in an interview with Bloomberg BusinessWeek, are likely to attract further controversy at a time when public anger over the Wall Street bonuses is increasingly being directed at Washington. They were also on Wednesday contrasted with Mr Obama’s recent criticisms of the “obscene” bonuses paid out on Wall Street as evidence that the White House was unable to sustain a clear message on the subject.

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Well which is it? After blasting these guys for so long, In March 2009 it was "Bonuses are violation of "our fundamental values" now suddenly its "That is part of the free-market system.” WTH? Which is it?