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Monday, October 31, 2011

The one percenters toast champaign. Teachers get drano. « Fred Klonsky's blog

The one percenters toast champaign. Teachers get drano. « Fred Klonsky's blog:

The one percenters toast champaign. Teachers get drano.

From Mark.

Just watched, yet again, HBO’s Too Big to Fail, the story of the banking/housing crisis that nearly collapsed our economic system. Credits at the end of the film mentioned that by 2010 Wall Street compensation had set a new record high; this being a year after the great bailout of these scoundrels by the American taxpayer.

When the bankers were challenged about these bonuses, they defended their greed, insisting that