I’d bet that the choreographers of this scam assume that the average person doesn’t know the difference between million and billion. That’s the first bet.
The second bet I’d make is that this entire spectacle has been concocted to shift the focus away from where the really big money is going. (Hint: Goldman Sachs.)
So, while the drama is happening over $165 million in bonuses, another roughly $30 billion goes down the gugrler.
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March 18, 2009 at 10:43 pm
Eliot Spitzer on this very subject: