BTW, New York Attorney General Andrew Cuomo has warned Wall Street that using bailout funds to pay salary and bonuses will be in violation of the law. We'll see.
Sunday, November 2, 2008
Your Bailout $ at Work
The Mail, a British/London newspaper, reports that Goldman-Sachs has set aside approximately $10 billion of bailout funds for salary and bonuses to its 443 "partners." That will amount to about $4.5 million EACH for Christmas. This comes as no surprise to me, since the author and main thrust behind the bailout is non other than Hank Paulson, ex CEO of...Goldman-Sachs. So people of America, how do you like where your US Treasury funds have gone? And remember that Paulson was appointed by our fearless leader, Mr. George W. Bush. And remember that Mr. John McCain has proudly claimed that he has backed Mr. Bush almost 100% of the time. Haven't the Republicans, Bush-Cheney-Rove, done enough to destroy the USA as we once knew it? Isn't it time for the Republicans to pack up and leave Washington? Oh, and take Dem. Pelosi with you.