Posted 2 years ago on May 12, 2012, 9:18 a.m. EST by myows
This content is user submitted and not an official statement
Chase bank losses 2 billion dollars on risky trades
It seems that 2+ years after the financial meltdown the foxes are apparently still being allowed to guard the henhouse. It doesn't matter to these CEO's what they do because they know that
A) they will still get their 25 million dollar salary regardless of good or bad decisions B) the company will be bailed out of any crisis by the US taxpayer
And yet somehow alot of the general public has been tricked into thinking that some middle class union worker (who's just trying to keep his pension and healthcare from being taken away and his job from being outsourced to India) is the bad guy. Amazing.