Bookmark, bump
Now, if the WSJ wanted to do some real journalism, they would check the campaign contributions of those executives and who was the beneficiary of those raises and bonuses?
Hey, the unions get to keep their cushy jobs, the executives get raises, both groups fund a bunch of campaign dollars to the Dems. Only the taxpayers get screwed, but who cares about them?
We have become fascist Italy.
Ally is a big contributor to NPR.
So?
They took and were going to ask forgiveness later.
Nice to read they are reporting on what shouldn’t have happened but, it’s not like anyone is going to take the loot back.
Besides, I’m sure they had contracts in place creating an obligation by Givernment Motors.
The whole point of TARP was to use our tax dollars and dedbt to someday be paid by our children in rewarding big political donors. Some of those donors were UAW, other unions, and similar groups that profited from TARP’s rescue of their companies, but others were executives who profited from these raises. TARP, the Bailout, Stimulus, and the lawless GM bankruptcy were all corrupt, and this is just one facet of that corruption.
I am boycotting GM and other involved companies forever because of that corruption, and I hope many other decent people will do the same.