Msg. 43071 of 65535 (This msg. is a reply to
43070 by
killthecat)
Jump:
Certainly many heads should be rolling!!!
But, because BIG MONEY is required to get elected & or reelected, nearly NONE of Our representatives are willing to hold those corrupt bastards accountable....
"It's never to late to do a good deed for one's country"
- Ralph Waldo Emerson
Days before Bank of America shareholders approved the bank’s $50 billion purchase of Merrill Lynch in December 2008, top bank executives were advised that losses at the investment firm would most likely hammer the combined companies’ earnings in the years to come. But shareholders were not told about the looming losses, which would prompt a second taxpayer bailout of $20 billion, leaving them instead to rely on rosier projections from the bank that the deal would make money relatively soon after it was completed.
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