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Originally Posted by LeslieAGD
I was just about to post this article. It really is sickening and wrong.
Weren't there any kind of provisions to the bailout to prevent this behavior?
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After the bailout, yes, but this was just before (nit picking, yes, but I'm sure that's how these idiots justify it).
They weren't the only ones either.. Lehman didn't get bailed out, but this is under investigation:
Congress heard that less than a week before Lehman became the United States' largest ever bankruptcy, the company was still funnelling millions to departing executives as "golden handshakes".
The bonuses were being paid out at the same time the company was pleading for the US Treasury to give it a taxpayer-funded lifeline.
I'd post a link, but it's in every major paper IN THE WORLD! The first hit that came up was an Australian news site. The second was from the UK.
Hybrid Mode
