I can’t believe these bankers’ mothers didn’t teach them better than this. $18 billion in bonuses while their companies were taking federal aid to keep from failing.
If I did a sloppy job on the dishes, I didn’t get my allowance.
But they get homongous bonuses with our money, all for failing.
President Obama had to have his people call Citi to tell them buying a luxury $50 million jet wasn’t the best thing to do with public money.
Of course, the previous administration let them have the money with no strings attached.
In New York, Attorney General Andrew Cuomo is investigating $4 billion in bonuses paid by Merrill Lynch & Co. just before it was acquired by Bank of America.
“No longer will this country stand for wasteful spending of tax dollars on bonuses for executives whose companies have taken huge losses and required taxpayer bailouts,” Cuomo said in a statement about bonuses paid at Wall Street firms that received funds from the Troubled Asset Relief Program or TARP.
At least somebody’s trying to stop the stupidity.
I think of those billions and wonder how many lives they could have saved. Instead, they line the pockets of people who have no clue about what it means to be human.
If they were my kids, they’d at least know enough to be ashamed of themselves.
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