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In reply to the discussion: Barney Frank Leaves Wall Street Defenders Speechless: Why Are Bankers ‘Paying Themselves So Much [View all]JackRiddler
(24,979 posts)11. Because Barney Frank bailed them out.
As part of an establishment that claimed they were "too big to fail." Be it noted that 80 Democrats voted no on the second TARP vote. Frank was a key player in the 2008-2009 bailouts. Why didn't Barney Frank support liquidating the megabanks at that time? Why at least didn't he advocate removal of the megabank management and permanent limits on compensation as a condition of the bailouts? Why did he support a scheme to rescue the megabanks and to allow their executives to continue paying themselves, as well as to continue draining the economy for their own profit?
Here's a real truthteller on the banking front:
http://www.democraticunderground.com/10023672512
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Barney Frank Leaves Wall Street Defenders Speechless: Why Are Bankers ‘Paying Themselves So Much [View all]
cal04
Sep 2013
OP
The price for failure is high, and even higher when you take in their salaries.
Baitball Blogger
Sep 2013
#2
I couldn't help notice Paulson's facial expression when Barney started talking
99th_Monkey
Sep 2013
#6
Just fired off an e-mail to Meet the Press to find out why Gregory changed the subject to this huge
kelliekat44
Sep 2013
#7
I think he said we need to get beyond something. F him. He is a tool of the 1%. nm
rhett o rick
Sep 2013
#42
He's frickin' USELESS. David Gregory is merely another wholly-owned subsidiary.
calimary
Sep 2013
#48
He may have signed on to the bailout but he didn't sign on to their obscene pay. nt
kelliekat44
Sep 2013
#35
I am in favor of claw backs to strip them of their ill gotten salaries, bonuses and pensions
on point
Sep 2013
#13
There is no "beyond" as long as bankers pay themselves such out of proportion salaries and bonuses.
JDPriestly
Sep 2013
#14
All those free marketeers out can never explain this because it's an outright ripoff!
Theyletmeeatcake2
Sep 2013
#18
I hope Barney has the opportunity to ask these chuckleheads about the front run on the markets
adirondacker
Sep 2013
#32
They need to learn not to fuck with Barney! He is the only one on the panel giving his
Dustlawyer
Sep 2013
#39
I am so glad to hear from Barney Frank again! Many happy years to him and his husband!
freshwest
Sep 2013
#41
Hank Paulson is a dirty, lying son--of-a-bitch, and deserves any pain that might come
jtuck004
Sep 2013
#51
perfect question, I'd like an answer from banks. "Why Are Bankers ‘Paying Themselves So Much'?
Sunlei
Sep 2013
#55
I also sent a letter to "Meet the Press" to remind them that they are a joke
mountain grammy
Sep 2013
#61