General Discussion

Octafish

(55,745 posts)

25. And they gave themselves a bonus.

Wed Aug 27, 2014, 02:07 PM

Aug 2014

And got their wives on the payroll.

http://www.rollingstone.com/politics/news/the-real-housewives-of-wall-street-look-whos-cashing-in-on-the-bailout-20110411

And stiffed the US taxpayer with the $16 trillion bill.

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2008 Meltdown Was Worse Than Great Depression, Bernanke Says [View all] kentuck Aug 2014 OP

It was intentional. SamKnause Aug 2014 #1

I know some like to think so, but it wasn't. That doesnt mean they didnt exploit it once it happened stevenleser Aug 2014 #7

You must not have read this, especially what the FBI man said. Octafish Aug 2014 #21

I don't have to read 3rd hand articles. I've talked to several folks in the industry here in NYC. stevenleser Aug 2014 #23

How can you claim to be a reporter when you won't even get a second source, stevenleser? Octafish Aug 2014 #24

I have half a dozen sources who I talked with personally... stevenleser Aug 2014 #26

The people who warned the US government were ignored by the US government. Octafish Aug 2014 #28

Anyone Wall Street installs as our President will do the same as Obama did, "Look forward, Dustlawyer Aug 2014 #38

And now it's Austerity for America and Planetwide, too. Octafish Aug 2014 #39

The bank fraud was intentional. AdHocSolver Aug 2014 #34

That is a classic lesson one learns in civics courses Samantha Aug 2014 #27

not if u were one of the corporations that raped the nation with dems/repubs assistance nt msongs Aug 2014 #2

Of course it was worse gratuitous Aug 2014 #3

THIS..!! dixiegrrrrl Aug 2014 #11

That's what crooks (republicans in general) do, point B Calm Aug 2014 #14

Twenty pound sledgehammer hifiguy Aug 2014 #17

And they gave themselves a bonus. Octafish Aug 2014 #25

+1 leftstreet Aug 2014 #40

K & R !!! WillyT Aug 2014 #4

Even though probably more people in the depression were living on "nothing"... cascadiance Aug 2014 #5

Having some stabilizers put in as checks to build a floor doesn't negate TheKentuckian Aug 2014 #19

Then it's a good thing we threw all those bankers in jail, and re-regulated the banking industry. tclambert Aug 2014 #6

Isn't it nice that the bankers learned their lesson and they won't do that again? Autumn Aug 2014 #8

One significant difference..... A HERETIC I AM Aug 2014 #9

What savings? n/t Hestia Aug 2014 #12

No one you know has a savings account? A HERETIC I AM Aug 2014 #15

People with bank savings accounts are losing money every day with connivance of the Fed. AdHocSolver Aug 2014 #33

Look...No deposit account went from X to zero during the financial crisis.... A HERETIC I AM Aug 2014 #35

The response of the government was merely to bail out the crooked bankers. AdHocSolver Aug 2014 #41

:::erp:::: A HERETIC I AM Aug 2014 #42

under the noses of repugs samsingh Aug 2014 #10

He should know Man from Pickens Aug 2014 #13

Alan Greedspan was probably the engineer of the thievery movement Dont call me Shirley Aug 2014 #16

He was an acolyte of Ayn Rand hifiguy Aug 2014 #18

They both were Man from Pickens Aug 2014 #22

Then why didn't more of those fockers... Whiskeytide Aug 2014 #20

Because they knew that THEY wouldn't be paying for the losses. FiveGoodMen Aug 2014 #30

Exactly... Whiskeytide Aug 2014 #31

This was one of Bernanke's great flaws as Fed chair KamaAina Aug 2014 #29

That SOB should go into exile. For gross malpractice. Demeter Aug 2014 #32

surprised that no one's said this yet, but, redruddyred Aug 2014 #36

Mr.Bernanke silenttigersong Aug 2014 #37