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Bank executive admits to using bailout money to buy condo


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2013 Aug 28, 9:13am   2,088 views  8 comments

by FunTime   ➕follow (1)   💰tip   ignore  

http://www.cnbc.com/id/100991958?source=Patrick.net

At a time when many other Americans were losing their homes, he was siphoning off public funds to buy a luxury vacation condo in Florida," said Tammy Dickinson, the United States attorney for the Western District of Missouri. White-collar crime's quiet revolution Michael Levi, professor of criminology at Cardiff University, tells CNBC that accounting fraud is the biggest white-collar crime. The investigation was led by the special inspector general for the Troubled Asset Relief Program, or Sigtarp.

#crime

Comments 1 - 8 of 8        Search these comments

1   mell   2013 Aug 28, 9:31am  

Hey, the banks NEEDED that money to avoid financial armageddon for their executives! Why do you hate freedom?

2   FunTime   2013 Aug 28, 9:39am  

FunTime says

A real oligarch

This guy's clearly a wannabe, but he gave it his best. Buying property in Florida is quite the move.

A real oligarch would not be approached about his crimes.

3   FortWayne   2013 Aug 28, 10:04am  

Just disgusting.

4   Smallblock57   2013 Aug 28, 10:56am  

APOCALYPSEFUCK is Comptroller says

A real oligarch would have bought 20 wives and paid for the staging of human sacrifices to provide entertainment during lunch.

Perhaps......but a REAL ASSHOLE would have spent all of it on hooker's and cocaine

5   Dan8267   2013 Aug 28, 12:25pm  

Smallblock57 says

Perhaps......but a REAL ASSHOLE would have spent all of it on hooker's and cocaine

You beat me to it. I was just thinking, the surprise here is that they didn't spend it on hookers and coke.

6   anonymous   2013 Aug 28, 9:10pm  

What do you think he did with the rest of the money once he was settled into his shack?

Powder and whores

7   CrazyMan   2013 Aug 29, 3:12am  

Can we just hang him and be done with it?

TIA!

8   HEY YOU   2013 Aug 29, 3:31am  

How many Dumfucks voted for the Dumfucks that voted for the bailouts?

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