I think I prefer government controlling banks than the way it is now, which is banks controlling government. I don’t think this is going to end well. Essentially we are being held hostage by the entire financial industry.

and then we have this:

U(AP) — Congressional leaders have killed a plan that would have forced financial institutions to compensate taxpayers if they paid their executives large bonuses after receiving federal bailout money.

The Senate had approved the repayment plan as part of an effort to crack down on Wall Street firms that paid huge bonuses — some in the millions of dollars — to their top executives even as they received taxpayer money in the federal bailout last fall.

The provision was removed as House and Senate negotiators hammered out final details of the $789 billion economic stimulus legislation this week.

A spokeswoman for Sen. Ron Wyden, D-Ore., said no one spoke against the amendment when Wyden introduced it on the Senate floor. “Somehow, it got stripped out behind closed doors,” said the spokeswoman, Jennifer Hoelzer.

Who is going to rescue us after the banks bleed us dry?