Dec 31, 2008
Former Merrill Lynch executive pays 37 million for NYC apartment (with taxpayer money)
Posted by ari in Around Blogs • No commentsThis is a little off the beaten track for me, but it is a very real example of how taxpayer money is being spent wasted on bailouts for failed executives.
It’s particularly important to publicize this sort of wretched excess, known as the privatization of profits and socialization of loss, as we approach the opening of [...]

