How Wall Street boldly saved big exec bonuses

This article is about Wall Street's large firms first being saved by the government and the taxpayer's money and still paying out huge bonuses after the fact. The stipulation was that as long as the banks pay the TARP funds back they are free. With BofA leading the charge and others following, huge bonuses were and still are being paid out even without support of President Obama who called it obscene. However, the real question to contemplate is why these firms are paying it out instead of investing or saving it. Firstly, they are making huge profits now - not even through lending- which is their bread and butter, but through investments and trading. So, if most of their profits are coming from investments, the investment managers should be compensated right? Well the banks think so because they do not want to lose these people or "assets" as some CEO's may think of them. The article describes the whole situation after the 4 major bank CEO's went to Congress to explain their case and get reprimanded for the bonuses: JP Morgan, Goldman Sachs, Bank of America and Morgan Stanley were the banks.