Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 2 (2 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   7 comments
General News

Why Wall Street CEO's Must Go To Jail And Payback Billions In Bonuses

By       Message waronyou     Permalink
      (Page 1 of 1 pages)
Related Topic(s): ; ; ; , Add Tags Add to My Group(s)

View Ratings | Rate It

opednews.com

- Advertisement -

“The truth is, through criminal neglect and competence, the people at the
top of these firms chose to look away, to take more risk, to enrich themselves
and to put shareholders and indeed, the country itself and the country’s
economy at risk.  It is truly not only a shame, it is a crime”  - 60 Minutes

Forget the blame game, forget the justified rants of anger. US taxpayers were asked to risk $700 Billion for a Wall Street bailout that may not even work - but do they really know why?

- Advertisement -

The rest of the world has been swept up in this crisis, with citizens all over the world afraid their banks are going to shut down - but do they really know why?

I’ll get to the why in a second.

In the meantime, as the world sweats, CEO’s at Lehman, Bear Stearns, AIG, Fannie, Freddie, etc., etc. each walked away with tens and even hundreds of millions of dollars in cash and stock.  Lehman CEO, Richard Fuld, himself walked away with $480,000,000 (yes, 480 million) since 2000. That equates to $60,000,000 per year for a guy that drove Lehman into bankruptcy and significantly contributed to the current crisis.

Yes, Fuld “feels horrible about what happened” but I suspect $480,000,000 goes a long way towards treatment of his horror.

- Advertisement -

click here

- Advertisement -

 

- Advertisement -

View Ratings | Rate It

Just a fellow news researcher. I often find it hard not to be buried in the spin. So I figured I would share some articles that wont receive any attention.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon



Go To Commenting
/* The Petition Site */
The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact EditorContact Editor
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

AIG subsidiary parties in style in OC, two weeks after bailout

Delta Force officer: US officials stopped plans to kill bin Laden

The missing SNL bailout skit - and the Soros connection

6 Brainwashing Techniques They're Using On You Right Now

California approves nurse-assisted suicide

Zeitgeist Addendum - Watch Now!