trendfollowing's Commentaries

Feb 18 2010

“They Raped the Taxpayer, and They Raped Their Clients”

From Matt Taibbi: “The nation’s six largest banks set aside a whopping $140 billion for executive compensation last year, a sum only slightly less than the $164 billion they paid themselves in the pre-crash year of 2007. The question everyone should be asking, as one bailout recipient after another posts massive profits — Goldman reported $13.4 [...]


Tags: holy-grails
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