I’m with you...it makes me sick to see the House treating these guys with kid gloves...they crashed the economy...the auto CEO’s were treated like crap...but these masters of the universe are so special...it takes talent to bankrupt your company and the country...for sure. How come no one asked if these bozos flew to Washington on private jets? How come no one points out that there’s is failed business model? These banks are basically insolvent. I want to see a viability plan asap.
Perhaps no one asked because the members of Congress, on the panel, knew that Ken Lewis from BOA took the train from Charlotte to DC. He left Charlotte late yesterday.
BOA is in the process of selling several planes from it’s corporate fleet, laying off pilots and support personnel.