So, the President thinks that CEOs and COOs are shamefully abusing the bailout funds issued to their companies. I have to agree. I may be over simplifying the obvious, but aren't these companies the same ones that failed at their intended purpose in business? Why reward failure? For their faiure, the chiefs are pocketing more money than the average American will see in their lifetime and to that end I have to ask: When the hell is enough ENOUGH?
Super Bowl parties hosted by Bank Of America costing over $10,000,000? Regardless of the source of the funds (whether bailout or not) any institution that accepts a dime of our generous funds need to be monitored under the tightest scrutiny.
Really though, try to get a loan with a credit score of 700 or less and you better watch out for the spit coming out of the lenders' mouth as they laugh in your face!
When is enough ENOUGH?
