11 February 2009

another lesson in clepto-nomics

These people should hang:

"Morgan Stanley and Citigroup, which will combine their brokerage firms into the
world's largest, have received a combined $60 billion in government bailout
funds. Officials with the firms said that the retention packages, which are rumored to value as much as $2 to $3 billion, would not come
from that pool of money."

(via the HuffPost)

Soooo . . . .these guys have more than one "pool of money?"

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