I came across this today. Look at the graph below if you want to see what happened to your taxpayer dollars that were used for the bank bailout.
Wall St has lined their pockets with obscene amounts of money in stock. Keep in mind that without the TARP and other bank bailouts these shares would be worth nothing because all of these financial institutions would have gone bankrupt.
The bankers decided to use their earnings in 2009 to report fraudulent profits instead of doing the right thing and using the money to pay off the trillions of dollars in bad loans that still sit there rotting on their balance sheets.
By reporting huge fraudulent earnings they were able to boost their stock prices and pay themselves massive year end bonuses. These spoils come at our expense of course because without the bailouts none of them would exist right now.
Meanwhile Rome continues to burn as the largest fraud ever seen in history continues as the bankers laugh all the way to the bank.
I hope one of these pigs chokes on a chicken bone this weekend.
Here is a barf bag in case any of you want to vomit after reading this: