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Re: Oops-- there goes the economy...

Posted by Sigismund on October 2, 2008, at 17:22:53

In reply to Re: Oops-- there goes the economy..., posted by Sigismund on October 2, 2008, at 14:56:32

Here's talking:

Most of my constituents did not earn a $38 million bonus in 2005 or make over $100 million in total compensation in three years, as did Henry Paulson, the current secretary of the Treasury, and former CEO of Goldman Sachs. Most of my constituents did not make $354 million in total compensation over the past five years as did Richard Fuld of Lehman Brothers. Most of my constituents did not cash out $60 million in stock after a $29 billion bailout for Bear Stearns, after that failing company was bought out by J.P. Morgan Chase. Most of my constituents did not get a $161 million severance package as E. Stanley O'Neill, former CEO Merrill Lynch did.

From Bernie Sanders' speech in the senate.

http://www.truthout.org/100208J

 

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poster:Sigismund thread:854180
URL: http://www.dr-bob.org/babble/poli/20081002/msgs/855309.html