homogenik

$33 Billion in Taxpayer Money Subsidized Wall Street Bonuses

You are right for the most part however goldman and jpm didnt need the bailout but were forced into it. I do object to the money from tax payors going to AIG and then goldman then goldman pays huge bonuses. What is upsetting is the bonuses being paid at citi, merrill etc when the firms completley imploded. It is also extremely upsetting that there have been no criminal prosecutions of executives at Lehman, Merrill and Bear Stearns where there may have been alleged cooking of the books. The government needs to determine was there massive accounting fraud at Lehman and these other firms and if so then when will there be indictments of Dick Fuld and its CFO

Dick Bove Says Banking Is Sound - Time to Buy Financials?

Before you start waving your pom poms for dick bove maybe you should check out his track record especially his recommendations in 08. Dick bove generally buried has had his head up his own ass for several years now