New York Attorney General Andrew Cuomo, doing a job that apparently nobody else wants, has blown the whistle on the Treasury and the large financial institutions that the Treasury has been bailing out.
Nine big banks which received $175 Billion in TARP funds from the Treasury paid a total of $32.6 Billion in bonuses to their employees.
Anyone that is not outraged at this must be living in a cave in Afghanistan.
These people steered their companies into the greatest bust since the Great Depression, and they get bonuses like that for their performance? With our tax money?
Something is very rotten here.
And why are not the politicians that supposedly are representing the people not doing something?
Follow the money.
Lots of campaign contributions, and lots of lobbyist money.
Stories on this are here, and here.
1 comment:
Paul Revere,where are you??
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