Taxpayers are indemnifying crooks.

Discussion in 'Politics & Religion' started by PocketChange, Nov 6, 2008.

  1. http://news.yahoo.com/s/ap/20081106/ap_on_go_ca_st_pe/meltdown_who_pays

    Here is the real "get out of jail" free card granted by the emergency financial rescue package. The taxpayers are on the hook to defend the companies and its officers who have defrauded the public.

    Capping salaries in exchange for unlimited indemnity is bullshit. The parties responsible will tie up any claims for 5 - 15 years and milk the tax payers for millions of dollars in legal fees and payment of any amounts awarded.

    This is clearly against the public interest and should be stopped at all costs before the show trials begin.