Posted on 12/30/2008 4:38:48 AM PST by ding_dong_daddy_from_dumas
Look what taxpayers' Wall Street rescue helped buy one former honcho!
Peter Kraus - a former top executive at Merrill Lynch who received a $25 million golden parachute after only three months' work - has landed himself a $37 million Park Avenue pad.
(Excerpt) Read more at nypost.com ...
1) Can't find its b*tt with both hands, OR
2) Wants to waste money
$37M? Must be nice to be able to pay twice what the property is worth and not worry.
Must be nice to have pals in low places.
I’ll get the tar, you bring the feathers.
Your tax dollar at work.... compliments of Congress.
Sorry, but to me, this article sounds like Dem class warfare rhetoric. Nobody in his right mind would have paid Kraus that much money for three months’ work in a typical situation. However, this is an unusual situation. It’s not Kraus’ fault that the company was sold three months after he signed his contract. The company should perform to the contract.
“More evidence that “our” government either
1) Can’t find its b*tt with both hands, OR
2) Wants to waste money”
You’re being nice...far too nice....
>>It’s not Kraus’ fault that the company was sold three months after he signed his contract.<<
Maybe, but it is congress’s fault for letting Paulson give away billions for stuff like this.
Oh, I agree totally as far as the bailouts go. It’s shocking that our Congresscritters have done this to America.
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