Follow BeltwayBlips on Twitter
Where Are They Now?
Talking Points Memo —
Financial meltdown CEO roadkill still living large.
Your Tax Dollars at Work
Eschaton —
Part of Josh Marshall's crew identifies a golden parachute that kicked in after only a few days. And others nearly as bad. The New York Post reports today that Peter Kraus, a former top executive with Merrill Lynch, just bought a $37 million Park Avenue apartment -- "featuring 11-foot-high ceilings, three fireplaces, three maid's rooms, a library, a gallery and a family room/gym." In September, Kraus got a $25 million golden parachute from Merrill when it was sold to Bank of America, even though he had only started work there that month. B of A ...
Another Financial Institution Jumps On Bailout Gravy Train
The Hollywood Liberal —
Another Financial Institution Jumps On Bailout Gravy Train Yesterday we told you about the trend of financial institutions jumping on the bailout “gravy train” by acquiring — or transforming themselves into — traditional banks, which are eligible for the government’s $700 billion TARP program. Well add one more… [image] [image] For Some Culprits In Financial Meltdown, Life Is Still Pretty Good This probably won’t come as a surprise. But some of the major culprits in the financial crash — former CEOs or top execs at banks whose billion-dollar losses helped precipitate the turmoil — don’t seem to be paying much of… [image] [image] This entry was ...
Report: SEC Probing Other Madoff-Style Ponzi Schemes
The Hollywood Liberal —
Report: SEC Probing Other Madoff-Style Ponzi Schemes Was Madoff just the tip of the iceberg? The SEC is investigating at least one case in which investors may have been cheated out of as much as $1 billion, by money managers using tactics similar to those alleged to… [image] [image] For Some Culprits In Financial Meltdown, Life Is Still Pretty Good This probably won’t come as a surprise. But some of the major culprits in the financial crash — former CEOs or top execs at banks whose billion-dollar losses helped precipitate the turmoil — don’t seem to be paying much of… [image] [image] FEC’s Republicans Choose Not To Enforce Law For ...
