PDA

View Full Version : Why is the White House backing Bank of America’s $9 million man?




loveshiscountry
05-09-2014, 04:31 PM
See Alan Grayson (D) Florida aint so bad

When former Wall Street banker Stefan Selig was nominated for a senior Commerce Department role that is central to trade negotiations, Bank of America (where he worked at the time as a top executive) paid him a special $9 million “exit” bonus.1

Even for those of us used to the obscene spectacle of corruption known as the revolving door between government and big business, this is both eye-popping and scandalous.

Let’s be clear, the $9 million was not a normal yearly bonus. It was an extra bonus on top of a $5.1 million incentive bonus given to him for his job performance. And it was given to him right as he was poised to gain the power to write Bank of America’s interests directly into our trade agreements.

Tell President Obama: Stop the revolving door. Withdraw the Selig nomination.

http://act.credoaction.com/sign/obama_selig

acptulsa
05-09-2014, 04:35 PM
They'll get what they paid for.

So will we. Just as soon as they bend us over.

HOLLYWOOD
05-09-2014, 05:25 PM
The revolving door of FASCISM...


Name the U.S. industry or sector and you'll find the revolving doors of executives and elitists in their cozy revolving circle.

It doesn't matter which industry, when campaign bribery and racketeering involves profit and gain, politicians first and foremost allegiance is to their reelections and advancement of power/wealth. The nicely designed corrupt government racket that advances racketeering at the expense of the US Taxpayers.