John Thain, TARP Taxpayer Rapist With Maria Bartiromo

Sep 9, 2011 at 11:56 PM
DailyBail in Bank Bailouts, CIT group, TARP, TARP investigation, Wall Street Bailout, bailout, cnbc video, john thain, maria bartiromo, merrill lynch, tarp

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.

• Read the transcript at CNBC (right columm)

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.

 

Article originally appeared on The Daily Bail (http://dailybail.com/).