I don’t know about you but for some reason bailing out the automakers bugs me worse than bailing out the banks. The automakers have been getting their butts kicked by Japanese automakers for years and then gambled on SUVs to bring them back. The gamble failed and now they want the Canadian and American governments [...]
Posts Tagged ‘Citigroup’
Things you can’t make up
Around 10% of the $700 billion dollar Wall-Street bailout is going to be bonuses for the same bank executives who managed to help destroy the global banking system in the first place. Financial workers at Wall Street’s top banks are to receive pay deals worth more than $70bn (£40bn), a substantial proportion of which is [...]
