The banks are not pillars of responsiblity

[ProSense]

Despite remaining profitable (taking TARP money and throwing parties), Northern Trust announced in December it would cut 4 percent of its staff, or about 450 jobs.

Then there is "Citigroup, perhaps the biggest public assistance recipient in history ($50 billion or so and counting)" fighting the EFCA.

AIG, after receiving bailout, spending $200,000 on hotel rooms and $23,000 on spa services for 10 employees

People need to stop defend these greedy jerks. These banks don't have low-level employees or taxpayers interests at heart.

[Fovea]

1. Nationalize the banks.

Really. It is time.

[MercutioATC]

2. No need. Just break up the failed ones and sell off the bits to healthy banks.

The healthy banks have demonstrated that they know what they're doing.

[vaberella]

7. No. Some of the "healthy" banks took our money. See post #6

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=132&topic_id=8263176&mesg_id=8263318

[Common Sense Party]

3. Which banks? Not my small, local, independent bank.

Like hell you will!

[greenkal]

Just looking at the parking lots of banks

shows you how irresponsible and sick those old white men are that run them. You see a lot of disgustingly expensive cars.

[MercutioATC]

5. Hey! Not all of those cars are bank employees'!

Plenty of bank customers have decent cars. That doesn't make them "sick old while men"...

[greenkal]

4. Just looking at the parking lots of banks

shows you how irresponsible and sick those old white men are that run them. You see a lot of disgustingly expensive cars.

[vaberella]

6. JPMorgan Chase after taking millions of TARP from us is outsourcing 25% of their jobs to India.

http://www.businessweek.com/globalbiz/content/mar2009/gb2009039_431274.htm

[moondust]

8. Whatever happened to "fiduciary responsibility"?

:shrug: