Tuesday, 29 January 2013

#MAFIA Burn Baby Burn It To The Ground #AMERICA

Yet more proof of the DESIGNED collapse; you see, BURNING TO THE GROUND the American Economy, *IS* the plan.  Have you seen the film GOODFELLA's; where the local bar owner BEGS the MAFIA BOSS to go into business with him (your collusion with your oppressor ;)).

Of course, he GIVES the MAFIA half of his bar.  And having PROVEN HIMSELF A TOTAL MUG by that action, the MAFIA DON, runs up every last bit of CREDIT in the business, and then TORCHES IT for the INSURANCE MONEY.

If any of this is starting to sound familiar .... ?

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Published: January 28, 2013

WASHINGTON — Top executives at firms that received taxpayer bailouts during the financial crisis continue to receive generous government-approved compensation packages, a Treasury watchdog said in a report released on Monday.

The report comes from the special inspector general for the Troubled Asset Relief Program, the bank bailout law passed at the end of the George W. Bush administration. The watchdog, commonly called Sigtarp, found that 68 out of 69 executives at Ally Financial, the American International Group and General Motors received annual compensation of $1 million or more, with the Treasury’s signoff.
All but one of the top executives at the failed insurer A.I.G. — which required more than $180 billion in emergency taxpayer financing — received pay packages worth more than $2 million. And 16 top executives at the three firms earned combined pay of more than $100 million.
“In 2012, these three TARP companies convinced Treasury to roll back its guidelines by approving multimillion-dollar pay packages, high cash salaries, huge pay raises and removing compensation tied to meeting performance metrics,” Christy Romero, the special inspector general, said in a statement. “Treasury cannot look out for taxpayers’ interests if it continues to rely to a great extent on the pay proposed by companies that have historically pushed back on pay limits.”
The report charges that Treasury has failed to rein in excessive pay at the three firms. It found that Treasury approved all pay raises requested for A.I.G., Ally and General Motors executives last year, with individual compensation increases of $30,000 to $1 million. It also faults the Treasury overseer for allowing pay packages above what comparable executives at other firms receive."

Continues.

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  1. MorU Can't Handle It HUMAN
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