DISQUS

AMERICAblog: It must be redecorating season on Wall Street

  • Jay Randal · 11 months ago
    Wall Street owns the Congress so they basically do anything they desire. At worst the banksters receive a letter from Rep. Frank to please be thrifty and not give themselves larger bonuses. When they do it anyway he does nothing to stop it.
  • capitalist stooge · 11 months ago
    Your socialism for CEOs is right on target.
    It's not capitalism anymore when the government is paying for all this corporate welfare.
    Leave it to the corporate shills to spin it as an attack on capitalism.
    These guys are the ultimate welfare bums.
  • johnsonFamily · 11 months ago
    All of this brouhaha in the last week or so got me thinking about something. As workers in America, for the last decade and a half, we've been asked more and more to compete, wagewise especially, with cheaper workers abroad (and so on). So what I'm thinking is, why don't the CEO's and upper management in general have to compete with their cohorts in other countries, compensation-wise? What do the CEO's of fabulously successful (for example Japanese) companies make? (e.g. Panasonic, Canon, Ajinomoto, Kikkoman, Sharp, Honda, Seiko, Nikon, Toshiba, Hitachi, Toto, Shiseido, and on and on). I think it only fair if American workers have to compete in the global economy, then so should the people at the top.
  • Older_Wiser · 11 months ago
    Everyone at the top gets paid: CEOs, their buddies in Congress, etc., etc.

    Bank of America has been doing lots of remodeling as well. Don't know about corporate headquarters, but they're re-doing a lot of branches, since my son does commercial tile work, and they're doing them left and right (only one company out of many).

    And there's that screechingly loud new logo BofA rolled out a year or 2 ago when they changed their signage--looks like they're advertising whorehouses. Well...
  • Indigo · 11 months ago
    I'm in the redecorating mood too! I repainted the garage door in a two tone green checkerboard, reworked the trim on the front of the house, hired a handyman to pressure wash the fireplace chimney and rework the chimney cap, brush off the rust and repaint it to match the garage door. I'm telling you . . . almost $200.00!
  • TheOriginalLiz · 11 months ago
    What did you think that bailout money was for, after all. Surely you really didn't expect it to be used to help the "little people".
  • Railroad guy · 11 months ago
    It's not just these big banks: I work for Union Pacific in Omaha, and they built us a ritzy new HQ building, instead of just updating the meticulously maintained, 100 year old headquarter building, and then promptly tore the old building down for "condos", which I doubt will ever be built.

    The only reason they destroyed that great old building was vanity and personal grudge: After an awful merger with a southern railroad, which has messed everything up with UP, the CEO from the southern railroad decided we needed a "new look"

    Of course, our ritzy new building is plenty spacious now, what with all the layoffs. No one wants to ship anything, and we don't know how to run trains correctly anymore, anyway.
  • ChrisSF · 11 months ago
    I love how this commentator thinks it's "ill-conceived" and "class warfare" for people to ask questions about how taxpayer money being handed out to the banks is being spent.
  • GrMtGirl3 · 11 months ago
    This picture is exactly what to expect when we become a nation of basic 2 classes . . . RICH and POOR. This bailout was designed by RICH, i.e. Paulson. "We'll take care of our own, too bad for the others". It is imperative we find out exactly where and what every penny was used for. All wrongful expenditures should be made to be returned. We MUST be tough to survive this economic crisis and return our Nation to ithe deals our Founding Fathers intended.
  • Jennifer · 11 months ago
    I want to see these guys out sweeping the streets and cleaning public toilets for what they've done. I also want whoever wrote this shite to do that. Collaborator!
  • Rolf Schewe · 11 months ago
    The part if the piece that also stood out to me was the end.

    If exposing fatcat CEO greed is class warfare what is union busting?