Who got bailed out?

Sen. Bernie Sanders of Vermont has released the names of the beneficiaries of our government’s largesse, in a report with the catchy title called “Jamie Dimon Is Not Alone,” after the JPMorgan Chase CEO who told Congress on Wednesday that he couldn’t justify the business practices that led to the most recent financial meltdown. Boiled down?

More than $4 trillion in near zero-interest Federal Reserve loans and other financial assistance went to the banks and businesses of at least 18 current and former Federal Reserve regional bank directors in the aftermath of the 2008 financial collapse

So who got bailed out? Not you.

You can read the names here: 061212DimonIsNotAlone

Published by datingjesus

Just another one of God's children.

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18 Comments

  1. How come our leaders (all of them seem to do it regardless of party) turn the running of the country over to those in a position to feather their own nests with the power they’ve been handed?

    Seems like the equivalent of the senior prom king and queen being put in charge of chaperoning an all-night co-ed naked sleep-over party where lots of alcohol is served. It’ll be just fine, right?

  2. Gawd. And AmEx just jacked up my interest rate to 25% for being late with a payment.

    1. Is this country great or what? Just LOOK at all the opportunities to make money here!

      1. If only I’d been born with a silver spoon in my mouth. Do you think people who are use it to scoop up money later? Or do they eventually get silver shovels?

        1. Or putting it another way: is it hard for people born on third base to get to home plate?

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