Obama Bonuses

According to unnamed sources talking to the New York Daily News, campaign staff on the Barack Obama election team will be able to keep their computers and BlackBerrys, and get a month's salary as a bonus. The move is quite rare in political campaigns, which typically finish up spending every last nickel to get the candidate elected. By comparison, John McCain will give substantially smaller bonuses to some of his staff; and Hillary Rodham Clinton is still deep in debt after the end of her campaign.New York Daily News: Barack Obama gives campaign staffers extra cash... (November 14, 2008)

Quotes

"It was totally unexpected, and you can't believe how helpful this is with the holidays coming. A lot of people thought they were going to be broke and would have to try to find a job in this rotten economy. It's a huge help."—Unnamed staff memberNew York Daily News: Barack Obama gives campaign staffers extra cash, BlackBerrys, laptops (November 14, 2008)

"They certainly didn't pay bonuses in the McCain campaign."—Unnamed McCain stafferNew York Daily News: Barack Obama gives campaign staffers extra cash, BlackBerrys, laptops (November 14, 2008)

"I've heard of two weeks [pay] before, but nothing beyond that. This is very generous."—Unnamed veteran political operativeNew York Daily News: Barack Obama gives campaign staffers extra cash, BlackBerrys, laptops (November 14, 2008)

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Heard on NPR: Why won't Obama admin modify AIG bonuses in court but they will allow mortgage contract adjustment?(1 Answer)

A: Great question! A cynical answer is that the AIG executives could fight back if a third party interfered with their contracts (this looks like a case of tortious ...

what was Franklin Raines compensation package from freddy mae?(1 Answer)

A: It is reported that his compensation from 1998 through 2004 was $91.1 million. This amount includes $52.6 million in bonuses. As part of the Fanny Mae ...

Is the business world better or worse since Barack Obama became President?(1 Answer)

A: Barck Obama inherited the worst economy and highest federal deficits of any US president. However, since taking office, this administration has added as much federal deficit of all ...