Thursday, October 30, 2008

WT*? Banks to Continue Paying Dividends

Change cannot come too soon. Remember the bailout? Apparently, banks plan to give away one-half of the bailout to their shareholders in the form of dividends.

The banks only defense? They said they would not have "accepted" the voluntary bailout if shareholders were not compensated.

How did they calculate dividends? Without the bailout, there was no money, period. Or so we were told.

Can you say, "Great Brinks Robbery?"

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