Wednesday, June 10, 2009

The consequences of corruption

Our tax dollars are defending crooks at Bank of America (Countrywide Savings). Anthony Mozilo and his fellow subprime mortgage mafioso ripped off the public, and now we, the taxpayers via bailouts, are paying for their legal fees. They are being sued by the SEC for cooking the books and insider trading. Criminal indictments are pending. Anything wrong with this picture?

http://www.bloomberg.com/apps/news?pid=20601103&sid=aTwT9deWspHo&refer=us

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