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View Full Version : Interesting use of bailout cash



SHAFT
02-24-2009, 04:33 PM
Must be nice. I want a bailout

http://www.tmz.com/2009/02/24/northern-trust-bank-bailout/

Back
02-24-2009, 04:37 PM
Well, it did stimulate LA’s economy.

Parkbandit
02-24-2009, 04:38 PM
Understand that some of these plans happen 2-3 years in advance... and that it's prohibitively expensive to simply cancel things as big as this. I have no idea if this is the case here.

The Ponzzz
02-24-2009, 04:40 PM
I wouldn't put that article as soley a bunch of facts, due to the source being TMZ, but that shit is disturbing.

diethx
02-24-2009, 04:40 PM
I wouldn't put that article as soley a bunch of facts, due to the source being TMZ, but that shit is disturbing.

:yeahthat:

Back
02-24-2009, 04:43 PM
The food menu wasn’t all that lavish. Haricort verts are green beans and all that made in mass production would be just as good as any catered wedding dinner.

thefarmer
02-24-2009, 04:44 PM
And here's what's absolutely amazing: The United States Government flat out gave Northern Trust the $1.6 billion in bailout money, and the bank didn't even request it!

If it's true, that's sad.

And.. since I've planned smaller versions of this before, I.. second what PB said...







fuck.

Methais
02-24-2009, 05:04 PM
According to Fox News, the bank has no problems with giving the money back, which apparently (if I remember right, I was half asleep when it was on) Barney Frank is asking for it back. And yeah they never asked for the money to begin with.

I have a hard time giving a shit about this story, only because TMZ are the ones behind it, and they're trash.

Suppa Hobbit Mage
02-24-2009, 08:20 PM
Anything with TMZ on it makes me want to throw up. It's the enquirer on TV. Everytime I accidentally see it on TV I want to go out and shoot a paparazzi

Methais
02-24-2009, 11:20 PM
Anything with TMZ on it makes me want to throw up. It's the enquirer on TV. Everytime I accidentally see it on TV I want to go out and shoot a paparazzi

Especially that surfer looking dork with the long blond hair. I wanna punch my TV everytime I see him.

SHAFT
02-25-2009, 03:21 AM
this may add some legitimacy to the previous article

http://www.msnbc.msn.com/id/29372930

TheRunt
02-25-2009, 10:45 AM
http://www.jsonline.com/watchdog/noquarter/39504852.html

Here's another bank that was going to do the same thing. Except sending them to Puerto Rico.