According to the article, the CEOs are going to be called before Congress to explain just how the bail out funds have been used. Bank of America sponsored a huge Super Bowl event, while Morgan Stanley, the company that took $10 billion in taxpayer bailout money, held a three-day conference for clients at the Breakers, a five-star oceanfront resort in Palm Beach, Florida. Here is a video clip from CNN of the Bank of America details:
It kind of reminds me of a guy who is going in for a triple bypass, and has a steak dinner with a baked potato and sour cream the night before surgery. The only difference is, in this case, is that the taxpayers are paying for the surgery and the high cholesterol meal. But don't worry, Congress is going to be giving those bank CEOs a good talking to.
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