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 […]
Working Life
Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "CEO Greed"
Your Tax Dollars Are Paying Bank Execs Billions: Wall Street Journal
Posted on 31 October 2008.
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Golden Parachutes In The Bailout
Posted on 09 September 2008.
It never ceases to amaze me, even though we shouldn’t be shocked: the "free market" leaders fail–but, no worries, they still walk off with a pile of money, while average people get shafted. And the song remains the same at Freddie Mac and Fannie Mae. Though this has been referred to in passing […]
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