by Greg Palast
John Thain is the guy that looks like a Clark Kent doll you saw grinning from page one of your paper Friday morning. Thain was just fired by Bank of America because the square-jawed executive demanded a $30 million bonus after losing $5 billion in just three months at the bank’s Merrill Lynch unit. In addition, Thain spent over a million dollars redecorating his office while, at the same time, the U.S. Treasury was bailing out his company with billions in aid. Thain’s office re-do included the installation of a $35,000 toilet bowl.
Thain was robbed. He shouldn’t have been fired; he should have gotten a $60 million bonus — and Obama should immediately hire him as Secretary of the Treasury in place of that tax-dodging lightweight that’s been nominated, Timothy Geithner.
Here’s the facts, ma’am. …
For the remainder of the story on Thain’s toilet and the economic crisis, go to www.SuicideGirls.com. Palast’s investigative reports for BBC TV, Rolling Stone and others can be seen at www.GregPalast.com Read more
Listen to Palast explain the oil game in Iraq, the deal behind the U.S. attorney scandal, Hillary Clintonâ€™s shameful corruption and her husbandâ€™s pardon of arch-criminal Mark Rich, and the deal struck by Republicans to impeach Bill only for the silly sex scandal instead of his felonious relationship with the Indonesian Riady family billionaires as long as the Democrats promised not to expose the Republicanâ€™s felonious connections to the American Koch family billionaires.
Greg Palast and Randi Rhodes discuss Attorney General Alberto Gonzales’ testimony in today’s Senate Judiciary Committee Hearings.
Topics include former prosecutor and boy scout Iglesias, why Karl Rove gets no love and obstructions in Bush’s White House.
Hear Greg Palast and Randi Rhodes on the firings of US Prosecutors and the testimony of Karl Rove’s assistant, Sara Taylor, today before the Senate Judiciary Committee.
by Greg Palast
“Can’t he make a living in a more reputable, less disgusting way, say, in child pornography?”
Randi Rhodes is asking you, Mr. Singer. And we’re still waiting for the answer. [To hear the Palast/Rhodes report, click here.] Read more
Palast discusses stealing the election ’08 and the Virginia Tech Shooting.