Tuesday, January 27, 2009

Merrill Lynch and bailouts to bonuses - It's bankruptcy time

It's time to bankrupt and break-up the finance companies.

David Krasne - Money for Nothing - NYTimes.com

... Merrill Lynch is not the only irresponsible institution out there. Despite a year of record losses, despite all the taxpayer money being injected into our financial institutions, bonuses for 2008 were, in some cases, down less than 50 percent from those the previous year...

Let's look for the companies that cut out their bonuses. They can be funded to do the taking over.

Merrill Lynch can pound sand.

Update 1/28/09: Occasionally Maureen Dowd is right.

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