Tuesday, August 18, 2009

Wall Street, More of the Same

Robert Reich wrote Obama's Second Biggest Test: Reforming Wall Street, and Why Early Indications Aren't Hopeful. It begins...

"Citigroup -- the giant Wall Street bank still on life-support courtesy of $45 billion from American taxpayers -- wants to pay its twenty-five top executives an average of $10 million each this year, and award its best trader $100 million. Whaaat?"

1 comment:

Anonymous said...

The only explanation is that Wall Street controls the Federal government.

The Banksters should be prosecuted for committing Fraud on a massive scale, and for violation of SEC laws.

Instead the federal government trembles in fear at the thought of saying to these thieves, enough!

Enough, enough, enough, where have I heard that before???? Oh yeah, it was Obama's speech in Denver.

Enough my ass.....

Change you can believe in, my ass....

For Wall Street and the Banksters, it just business as usual. Only better, now they know for sure they can get away with it.

So it goes.

ps. You could have funded heathcare reform ten times over with the funds that the Federal Government has directly and indirectly funneled into the "financial system" to prevent the Great Depression - Act II.

And these guys still walk away with, in aggregate, hundreds of billions of dollars each year, in stolen money.