It is our duty as patriots to ridicule and expose this crime. The last act of any government is to loot the treasury. They are robbing us blind!
Getting Theirs Cuts Both Ways on Wall Street
“Executives and rank-and-file workers argue that lawmakers and others who complain about bonuses do not understand how this industry works. Bonuses, Wall Streeters say, are a crucial part of total compensation . . . . “Bonuses are down, and the salaries are not enough for these people. They can’t live on $150 to $180,000, so they haven’t saved any money. They put it on credit lines and at bonus time, they thought they’d pay it off.”” (Read more from nytimes.com)
AP: 9 in 10 execs at bailout banks remain on job
“Bosses whose banks made risky loans are now counted on to save system. . . . Even top executives whose banks made such risky loans they imperiled the economy have been largely spared any threat to their jobs, as Washington pumped billions in taxpayer money into the companies.” (Read more from msnbc.msn.com)
UN crime chief: Was the bailout the largest drug money laundering operation in history?
“United Nations’ crime and drug watchdog has indications that money made in illicit drug trade has been used to keep banks afloat in the global financial crisis, its head was quoted as saying on Sunday.” (Read more from correntewire.com)
U.N. crime chief says drug money flowed into banks (Read more from iht.com)
General Motors to Invest $1 Billion in Brazil Operations — Money to Come from U.S. Rescue Program (Read more from laht.com)
Citi Field or Bailout Ballpark?
“Two Congressmen are urging Treasury to force Citigroup to pull out of its $400 million naming rights deal for the Mets’ new stadium.” (Read more from money.cnn.com)