Posted on 08/14/2009 4:17:06 PM PDT by Rufus2007
Remember the outrage earlier this year for some of the bonuses paid out to executives of financial institutions that were TARP recipient? Or how about the press coverage that spurred on populist outrage when it was reported former Merrill Lynch CEO John Thain spent $35,000 on a commode to redecorate his office?
Turns out Thain walked away with a $1.5 million "golden parachute" after he resigned from Merrill, which was acquired by Bank of America (NYSE:BAC). But you would never guess who got a golden parachute that was pretty close to what Thain got. According to an Aug. 14 report on the Chronicle of Philanthropy web site, former National Public Radio chief executive Ken Stern, who was replaced in March 2008, took a $1.3-million buyout, which has gone almost unnoticed.
...more...
(Excerpt) Read more at newsbusters.org ...
I think it is time, next time we are in power.
This is absurd!
I think it is time, next time we are in power.
This is absurd!
Nothing like comparing apples to oranges.
there is so much corruption in corporate America, that it completely boggles the mind. The connected at the hip relationship between wall street, big corporations and congress/admin makes sure that the BIG money stays within their circles... and that “big money”, in a large part, is given to them, by us... the taxpapers who work for a living.
Oh, sure, the government will make sure that CEOs salaries is capped, wink, wink, nudge, nudge.
Another hypocrite advocating for the poor and down trodden.
Republicans have been threatening to defund NPR, get rid of the Education Department, blah, blah, etc., for years and their budgets grew under Bush1 and Bush2.
One of the unkept promises of the Contract with America: taking the P out of NPR and PBS.
Every one of these politicians have been taking our money, left AND right. Kick their asses OUT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!......before people get really angry.
Every one of these politicians have been taking our money, left AND right. Kick their asses OUT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!......before people get really angry.
The Republicans haven’t got the BALLS to defund NPR. Bet they leave it alone.
Same shiite, different day. PRICKS.
I am for zero party’s at this time.
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