So major banks in the US are managed by their leadership to the point of collapse and the US Govt has to rescue them with billions of taxpayer dollars. Now as their business recovers, at least for now, what does the leadership do? They pay themselves huge bonuses like nothing ever happened. What planet do these idiots live on?
It is my opinion that cronyism in both the private and public sectors is one of the biggest threats to the future of the United States. Once a person becomes a fat cat in business or politics, short of being convicted of being an ax murderer (or taking 90K in bribes and stashing the cash in the freezer), they are entitled to riches and perks unknown to the rest of America. I guess a meritocracy is only in effect for those not in the fat cat club. Once in, membership appears stickier than university tenure.
What were these clowns thinking? What a self inflicted PR nightmare. If fat cats forget that their fat wallets don't impress most Americans and their fate egos will be their undoing. What a bunch of boneheads. Obama should have fired all of them for being morons - they work for the government. Remember?
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