I have to say this would all make for a great movie–thriller, farce, comedy?–if the plot lines didn’t actually mean that millions of people have been screwed by crooks, greedy elites and incompetent CEOs. Today, there is just a plethora of news on the "free market" scam front, all courtesy of The Wall Street […]
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Bank of America"
Friday Scandal Update: Scams, Subpeonas, Secret Accounts
Posted on 21 February 2009.
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Incompetence and Greed Catch Up With Thain
Posted on 24 January 2009.
It’s always quite amazing that the business world demands that everyone adhere to strict, high standards–except for those people running the business world. And that brings us to today’s newest example, John Thain, who got the axe at Bank of America: His Wall Street pedigree seems impeccable. A top job at Goldman Sachs. The […]
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The Price To Pay
Posted on 10 December 2008.
Aside from the strong picture and message sent by the workers who are sitting in at the Republic Windows & Doors factory, I particularly like the beating that seems to be handed out to Bank of America: Gov. Rod R. Blagojevich, who met with the workers Monday morning, said the State of Illinois was […]
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Your Tax Dollars Are Paying Bank Execs Billions: Wall Street Journal
Posted on 31 October 2008.
Want to know where $40 billion of your taxpayer-financed bailout for bankers is going? Into the pockets of their executives. And that evidence comes straight from a hard-hitting piece in today’s Wall Street Journal. The Wall Street Journal piece is entitled "Banks Owe Billions to Executives". It is written by Ellen Schultz, one of […]
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