20.3.09

Chastened Investment Bankers

From US News & World Report-

"Today, Citigroup shows that whole "chastened investment banker" meme is basically a lie. According to Bloomberg, Citi gets $45 billion in taxpayer bailout money and decides its chief executive and top lieutenants should spend $10 million on new offices."

The unemployment rate here is 14.5%

We have to fill out our *tax papers on the kitchen table since we lack a $10 million office to do it in.

These people seem to have totally lost touch with reality.

*The Taxes that are paying for these "Offices".