Should any of us be surprised that banks that have received bailout funds are still providing bonuses to their executives? Once you have given someone money, it is theirs to do as they wish. Any special requirements must be spelled out in advance. If you want money to be spent in a special way, spend it yourself.
Personally, I can’t even bring myself to get upset over this. I’m upset that they were given taxpayer money in the first place. A bank is either solvent or it isn’t. If it isn’t, it will make the needed cuts like eliminating bonuses and dividends or it will simply fail. A few banks failing isn’t the end of the world, since savings accounts of working class Americans are covered by the FDIC. There are still plenty of banks and credit unions willing to lend you money if you have a good credit rating.