"[T]he Merrill Lynch Compensation Committee awarded these payments on December 8, 2008, before the end of the fourth quarter, in which Merrill lost more than $15 billion, and after Merrill was informed that it would be allocated $10 billion in TARP funds," the congressman's office said in an advisory.
"These payments raise significant questions about what information Merrill Lynch and Bank of America executives shared with federal officials that oversaw the Merrill acquisition by Bank of America. Ordinary shareholders were unaware of the details of the bonus payments, but the U.S. government held 800,000 shares in preferred stock and warrants at the time and federal officials regularly met with both Bank of America and Merrill Lynch executives," the release read.
Kucinich to probe $3.6 Billion in Merrill Lynch bonuses (bd: that's B-B-Billion, not M-M-Million, as in AIG's 165 M-M-Million bonuses that everyone was in an uproar about!)
Max Keiser:
So let me get this straight. Banking elite, and other government insiders, defrauded savings accounts, pension funds, charitable funds and municipal funds here and around the globe by trading in worthless financial instruments; they manipulated markets and destroyed legitimate businesses along the way; and THEN, when that wasn't enough, they plundered the public purse in the chaos and panic surrounding the crash that they themselves caused.
And the President asks them to kindly refrain from buying new carpet?
These people are not titans. These people are racketeers. And should be treated accordingly. Or at the very least, not be invited to sit in on privileged government meetings determining bailout policy that they then profit from!
"Let Them Have Stained Carpets" - Obama's Marie Antoinette Moment
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Sy Hersh/New Yorker Magazine - Cheney assassination ring
So, who did Dick Cheney have assassinated over the years using his lovely assassination squad?
Benazir Bhutto Assassination: behind the "Terrorists" stands the Cheney/Wolfowitz PNAC again ?
U.S. intelligence agencies tapped Benazir Bhutto’s phone.
In a November 2007 interview with David Frost, only a few weeks before she was assassinated, Benazir Bhutto made a very disturbing remark, she referred to Omar Sheik, as “the man who murdered Bin Laden.”
Hard Rain Journal: Bhutto, Bin Laden, 9/11, What Should Have Been Uttered From the Well of the US Senate Several Years Ago, & What Must Be Done Now
Syria Calling - The Obama Administration’s chance to engage in a Middle East peace. by Seymour M. Hersh/New Yorker Magazine
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BREAKING: JUDGES ISSUE RULING IN COLEMAN V. FRANKEN U.S. ELECTION CONTEST IN MN
