Why I Hate My Industry

Why I Hate My Industry

AIG wants donations back to pay bonuses

The sickening feeling in my stomach continues to worsen. AIG is looking to clawback a $490 million endowment and the $27 million in donations already made to charities to pay employee bonuses instead. The New York Post has the details on this underhanded, disgusting move by a company and board that has long been disgraced. [...]

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Jon Stewart Skewers Santelli and CNBC

As much as I enjoyed Rick Santelli's rant about the Obama administration's homeowner bailout; Jon Stewart takes the cake with this pointed (and hilarious) retort which basically ruins the network for its well-known perma-bull bull#$%@. .cc_box a:hover .cc_home{background:url('http://www.comedycentral.com/comedycentral/video/assets/syndicated-logo-over.png') !important;}.cc_links a{color:#b9b9b9;text-decoration:none;}.cc_show a{color:#707070;text-decoration:none;}.cc_title a{color:#868686;text-decoration:none;}.cc_links a:hover{color:#67bee2;text-decoration:underline;}The Daily Show With Jon StewartM - Th 11p / 10cCNBC Gives Financial [...]

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“Wall Street Fighter”: Economic Crisis as video game

Watch it on YouTube. NOW!

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TARP Funds Not Just Hoarded But Used AGAINST You

If you found the idea of billions of dollars being funneled out of your paychecks and in to banks with little accountability or oversight (see: TARP) was bad, wait till you see what they've been used for.  Since receiving billions of dollars from taxpayers the largest banks in the country (see: TARP recipients) have spent [...]

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Using TARP to pay for hookers

HuffPo has an interesting piece that quotes a famous New York madam as accepting corporate credit cards to pay for the proclivities of johns from the banking industry.  No doubt some of these are our nation's finest from Bear Stearns, JP Morgan, Citi, Lehman, and the other Wall Street banks currently holding billions of dollars [...]

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