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Archive for the ‘CEOs’ Category

Geezer Power

Rep. Alan Grayson asked Citigroup CEO Vikram Pandit about the terms of the government assistance his firm received, and read comments from several angry constituents. He is one of the more Progressive Democrats on the Obama team and should prove to be a real asset, especially on issues of accountability.

Grayson also has a record of combatting war protiteering and waste concerning the Defence Industries, as he points out, “the money we have thrown away on war profiteers could go a long way on the domestic front”.

Because of his track record suing defense contractors, Grayson is completely uninterested and unintimidated by ridiculous arguments about secrecy and national security. He thinks that war crimes have been committed, that people need to be put in prison, and that we absolutely cannot let bygones be bygones with the 2000-2008 era.


I really like this guy. Here he is defending Obama from the attacks of right wing media spin, as Rush Limpballs gets a perspective from the other side of the mirror.

“Rush Limbaugh is a has-been hypocrite loser, who craves attention,His right-wing lunacy sounds like Mikhail Gorbachev, extolling the virtues of communism. Limbaugh actually was more lucid when he was a drug addict. If America ever did 1 percent of what he wanted us to do, then we’d all need pain killers.”

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The 10 Greediest People of 2008

By Sam Pizzigati, Too Much: A Commentary on Excess and Inequality. Posted December 23, 2008.

For obvious reasons, we probably couldn’t have picked a better year than 2008 to “honor” our most avaricious.

This time of year always seems to bring a never-ending barrage of “top ten” lists. The year’s top ten movies, the top ten books, the top ten news stories, and on and on. Here at Too Much we’ve decided to join in on the action — with our very own list of America’s top ten greediest.

We probably couldn’t have picked a better year than 2008 to so “honor” our most avaricious. This year’s stunning economic meltdown has fixed the attention of our entire nation — and world — on the grasping antics of those who yearn for ever more than they could rationally ever need.

But this year also presents enormous challenges for anyone bold enough to rank the greedy. With so much greed out there, how could we possibly limit our list to a mere ten?

The latest greed explosion to hit the headlines — the $50 billion Bernie Madoff Ponzi scheme — illustrates just how difficult a task ranking the greedy can be.

To whom in this scandal should we award the most greed points? Bernie Madoff himself, the 70-year-old who scammed his wealthy friends and charities to keep up his credentials as a Wall Street investing “genius” — and maintain a $6 million pad in Manhattan, a waterfront mansion in Palm Beach, and a weekend getaway on Long Island?

Or should those greed points go instead to the ever-so-sophisticated hedge fund “middlemen” like Walter Noel, who built a five-manse fortune by steering clients to Madoff and charging them tens of millions in “due diligence” fees for the steering.

MORE HERE

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