Video & Multimedia
Related: About this forumBloodsucking Banksters Want Another Bailout and YOU Will Pay for It
The poor, pitiful bankers just cant catch a break, can they? In addition to avoiding prosecution for the crimes theyve committed, now theyre whining to Congress about not getting enough financial support in the form of government bailouts. They believe that taxpayers should fork over even MORE money to the corrupt banking industry.
Ring of Fires Mike Papantonio and Sam Seder have some choice words for these greedy bankers.
leftofcool
(19,460 posts)This should be late breaking news on every station. I hadn't hear this and I don't see it in the news anywhere.
appalachiablue
(41,168 posts)Washington Post, Business, June 7, 2015 by Steven Pearlstein,
'We Bailed You Out, And Now You Want What!?!"
http://www.washingtonpost.com/business/we-bailed-you-out-and-now-you-want-what/2015/06/05/95ba1be0-0a27-11e5-95fd-d580f1c5d44e_story.html
turbinetree
(24,710 posts)is that if Greenberg (step outside the box for a moment) was a sovereign country like what they are trying to pass in the Congress with the TPP "deal" they / he can sue the peoples of the U.S because he can't make a profit------------this just amazing.
And Mike Papantonio and Sam Seder--are just correct------where is the justice department
appalachiablue
(41,168 posts)turbinetree
(24,710 posts)but its just amazing------how the similarities truly are
JDPriestly
(57,936 posts)to have standing in the ISDS, TPP arbitration courts. Greenberg could just present his corporation as a plaintiff. He would just say that he was really representing the corporation. That is what is done in shareholder cases I believe. A shareholder can sue on behalf of the true owners of the corporation, the shareholders. I don't know if that is still allowed here. But I think that is the idea. That is how Greenberg could claim standing in the ISDS, TPP court.
jtuck004
(15,882 posts)Then it is nothing but wheelbarrows full of cash taken from working people by their administration and given to thieving bank$ter/donors.
Read Stress Test, by Timothy "Killer" Geithner. In their is his and Obama's plan to help the banks get rich on your backs because it is good for you.
Here, the author of the plan has voters laughing AT his face when he tries to spin it otherwise.
http://thedailyshow.cc.com/extended-interviews/z9b8f1/timothy-geithner-extended-interview
JDPriestly
(57,936 posts)that will allow corporations to file claims, but not you and me, and which will issue damages awards to corporations that taxpayers have to pay will be the venue of choice for corporations that take crazy risks and don't want to face the consequences.
That's what those courts are about. I don't seem to be able to get this across. But if you look at the list of cases filed in the NAFTA court, you can see that one of the big frustrations with corporations is that the NAFTA court has rejected numerous cases on procedural grounds I guess. The companies made big investment mistakes and now want to make everyone, ordinary citizens, pay for those mistakes. That's the point, I strongly suspect, of the ISDS portion of the TPP.
midnight
(26,624 posts)Was that Attorney David Boise to the left of Hank Greenberg?