It's just a little surprising these 2 guys don't feel a little guilty about accepting this $19 million in stock when so many of their customers won't be able to keep their homes.
"It's perverse for Bank of America to reward the principal architects of the bad business practices that caused this housing crisis," Sen. Charles Schumer, D-N.Y, said in a statement.
It's even a little more ridiculous that BOA is willing to pay one of these guys $28 million to "stay with the company".
Why would they want him to stay? That's like asking George Bush to stay for a second term. Oh, wait. The majority of Americans apparently did ask him to stay. Are we a "Confederacy of Dunces"?
Submitted by lovable liberal on Mon, 2008/03/31 - 7:24am.
I've always wondered what I'd have to do to get on this gravy train, where the only direction is up, no matter how badly one might fail.
By the way, the rump of Bear Stearns is now suing people from its Boston office who made a sweet deal to take their "talents" to Morgan Stanley with big signing bonuses.
Submitted by gonzone on Mon, 2008/03/31 - 11:26am.
It was hard work for these guys buying up politicians, hiring lobbyists, and stealing money from so many hard working but gullible people.
Surely they're worth millions and millions for being willing to sell their souls. That's the kind of deals the Devil makes.
"When the going gets weird, the weird turn pro."
Hunter S. Thompson
I've always wondered what I'd have to do to get on this gravy train, where the only direction is up, no matter how badly one might fail.
By the way, the rump of Bear Stearns is now suing people from its Boston office who made a sweet deal to take their "talents" to Morgan Stanley with big signing bonuses.
Liberty and justice for all.
My home
It was hard work for these guys buying up politicians, hiring lobbyists, and stealing money from so many hard working but gullible people.
Surely they're worth millions and millions for being willing to sell their souls. That's the kind of deals the Devil makes.
"When the going gets weird, the weird turn pro."
Hunter S. Thompson
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