Crooks and Liars:
Don't, as a rule, get surprised by the utter gall of these Wall Street executives, or the complete farce of how these TARP bailout funds are managed but this is a bit much.
Peter Kraus worked hard in the three months he spent at Merrill Lynch this fall — and the $25 million in bonus cash he earned for his troubles was just enough to allow him to afford to buy Carl and Barbaralee Spielvogel's apartment at 720 Park for $36.63 million, twice what they paid for it two years ago.
1 comment:
Look for other CEO's to follow as there is over 100 banks that will lock their doors and take the customres money as a ballon package. With the help of FDIC the secret is safe from the public and all will see their money gone as the Executives take the money and run.
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