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« Let Us Now Praise Famous Economists | Main | Marc Faber's Warning Shocks CNBC Anchors: 'Don’t Store Your Gold In The United States!' (VIDEO) »
Friday
Sep092011

John Thain, TARP Taxpayer Rapist With Maria Bartiromo

CNBC Video - John Thain, CEO of CIT Group - Sep. 9, 2011

Interview from earlier today.  Maria doesn't ask him anything about his rape of taxpayers and performs the expected CNBC fellatio of all Wall Street executives.

Paulson and Geithner gave CIT Group at least $2 billion in TARP funds, which was never paid back and CIT declared bankruptcy months later.  Then in restructuring, CIT hired Thain, the former Goldman Sachs exec and later CEO of Merrill Lynch who engineered $4 billion in taxpayer-funded bonuses for Merrill in a year the firm lost over $10 billion (2008), and spent over $1 million of TARP funds redecorating his office including a $35K commode.

If you've never seen WalStreetPro rip off Thain's head, you can watch that here:

The GREATEST Video I've Ever Posted.  Just press PLAY.

 

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Reader Comments (8)

"Thain, the former Goldman Sachs exec and later CEO of Merrill Lynch who engineered $4 billion in taxpayer-funded bonuses for Merrill in a year the firm lost over $10 billion (2008)"

And when MER got swallowed by BAC, Ken Lewis and Co. concealed those bonuses from BAC shareholders before the proxy vote on the MER-BAC "merger."

The S.E.C. sued BAC over this, but like the sweet Wall Street lap dogs that the porn-watching S.E.C. workers are, the S.E.C. proposed to settle the $4 billion concealment with a... $33 million settlement to be paid by... the victims of Lewis & Co.'s fraud: the BAC shareholders themselves.

Can you say "fascism"? I knew you could.
Sep 10, 2011 at 5:24 AM | Unregistered CommenterCheyenne
Wall Street Pro is great, whatever happened to him?
Sep 10, 2011 at 7:05 AM | Unregistered CommenterS. Gompers
"Maria doesn't ask him anything about his rape of taxpayers and performs the expected CNBC fellatio of all Wall Street executives."

OMG, that sentence was awesome and so on-point. I laughed so hard I spit my coffee out. Thanks for the laugh. It really helps reading this stuff when I can get in a laugh here and there. Bravo DB!
Sep 10, 2011 at 9:51 AM | Unregistered CommenterAmy
This piece that Jesse put up is over-the-top dynamite if you ever wondered about specific people, e.g., John Thain, and what goes on inside their diseased minds.

http://jessescrossroadscafe.blogspot.com/2011/09/psychopaths-among-us.html

I once worked for a sociopath over a period of 10 years. (Is there any real difference between a sociopath and a psychopath?) This article reads onto Mr. Sociopath damn near word-for-word. I only read about 1/4 of this piece (it's pretty long), but read enough to know that the writer (1) knows what he's talking about and (2) is onto something big.
Sep 10, 2011 at 11:18 AM | Unregistered CommenterCheyenne
Catfish Maria should have been fired on the spot for this "interview"...and the 'tards at CNBC must shower after work every day to remove the slime from their "guests"...
Sep 10, 2011 at 12:29 PM | Unregistered CommenterJosie
Wall Street Pro is great, whatever happened to him?

---

Cheyenne tried to get him to appear in his movie, but he either didn't respond or said no, I can't remember. He apparently left NC and moved to Texas and stopped making videos.
Sep 10, 2011 at 1:33 PM | Registered CommenterDailyBail
Josie...I sent you a response via email...you might want to check your email spam folder...
Sep 10, 2011 at 1:39 PM | Registered CommenterDailyBail
I got to tell you DB that I'm glad, as I'm reading you did not care for this interview. I wanted to heave. All that showed was a cheerleader for global merger battling that been going on and adding fuel to a Banking system that commits blatant fraud to be the one who competes with the german bank????? No one really wants this right??? All her questions were innocuous if he was IN FACT a person involved in this disaster? Where was the punch? He just got a soap box to support where he's headed after running away from a total disaster he may have helped created.

I humbly say to investors pay attention to where he said he's headed and two take that media bite with a grain of salt.
Sep 11, 2011 at 12:04 AM | Unregistered CommenterDave

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