Beyond disgusting. After reporting staggering losses and after receiving some $350 billion in bailout and guarantees for hundreds of billions of dollars of toxic assets, Wall Street paid out $18.4 billion in bonuses in 2008. Blame this nonsense on the Bush administration for not imposing restrictions when they handed out TARP money (in plain English, […]
After universal condemnation and ridicule, the Vikram Pandit-headed Citigroup cancelled the order for its new $50 million corporate jet. Hooray! Sorry, Vikram. Not for You Asked about the luxury jet, President Barack Obama’s spokesman Robert Gibbs said the President “doesn’t believe that is the best use of money at this point.” Besides President Obama, the […]
Indian IT crook Satyam Computer Services is telling employees that they will receive their salaries for January. That means all ye Satyam employees can pay your mortgages, car loans and next month’s credit card bills. Hey guys, who knows what will happen with your February salary. So, go slow on splurging. At its meeting today, […]
Vikram Pandit a.k.a. Desi Butcher is a man with absolutely no shame. The man is also a f****** idiot. The incompetent dodo who is clueless in dealing with the mega-crisis facing the beleaguered financial services company Citigroup (of which he is CEO), the desi butcher whose sole mantra to handle the crisis is to hack away […]
Consumer electronics chain Circuit City is pulling down the shutters and kicking out 30,000 employees on to the streets. The ailing consumer electronics giant is liquidating. Over the years, we’ve purchased many products from Circuit City including PCs, TVs, Cameras, software, CDs, DVDs, vacuum cleaners (they once sold that too), music systems and more. James A. […]
We said six not sex. The Government of India has named three more directors to the board of disgraced IT services provider Satyam taking the total directors on the company’s board to six.  The new directors are: * Tarun Das (Chief Mentor of CII) * T. N. Manoharan (Former president of the Institute of Chartered […]