One-third of bank tellers rely on public assistance

http://www.cbsnews.com/news/one-third-of-bank-tellers-rely-on-public-assistance/

Taxpayers spend $899 million annually in state and federal benefits to support bank tellers and their families, according to a new report from The Committee for Better Banks....

One-third of bank tellers receive some sort of public assistance, ranging from Medicaid to food stamps, the financial industry employee advocacy group found, citing research from the University of California-Berkeley Center for Labor Research and Education. In New York state, almost 40 percent of bank tellers and their family members are enrolled in public assistance programs, costing the state and federal governments $112 million in benefits. ...

Take Wells Fargo (WFC) chief executive John Stumpf. Listed as one of the country’s most overpaid CEOs by Bloomberg, Stumpf earned $22.9 million in 2012, a raise of almost 16 percent from his 2011 pay of $19.8 million. That makes him the highest-paid top executive among the country’s top commercial banks, according to The Wall Street Journal. Profit for the company jumped 19 percent in 2012, helped by a surge in mortgage-banking income....

edited to add this closing quote:
“We have already subsidized these ‘too big to fail’ banks with almost a trillion dollars of taxpayers' money,” one commenter wrote at The Washington Post. “The banks are America's real welfare queens.”
Good to see this hitting the msm. surprising, but good.