Angelo Mozilo and His 300 Million Slapstick Foils
If I was an oligarch and I wanted to buy my spoiled little shit of a son a toy that would make him laugh and laugh for hours, I'd buy him a middle-class American. Because Americans are funny the way all dupes and chumps are funny. You can trick today's Americans time and again, and they always fall for it. And when you trick them, they stomp around dramatically and make a lot of blustery noise about "the people" who allegedly "aren't going to stand much more of this" because "our founding forefathers bla bla bla" and of course the ol' "you can fool some of the people some of the time, buttcha can't fool bla bla bla..." Basically, if you've seen your Elmer Fudd, then you've seen your American sucker in all of his cartoon comic-foil glory: a sentimental buffoon, a harmless chump whose guns don't fool anyone but himself.
Every day, Americans play the role of Elmer Fudd to the oligarchy's Bugs Bunny--if you look at it from the oligarchy's point of view, at least.
Exhibit A: Multigazllionaire scumbag Angelo Mozilo v. American Suckers.
Tuesday it was reported that Mozilo, the guy who destroyed millions of Americans' lives and now faces fraud charges, is making American taxpayers—his victims—pay for his legal defense. Yup, Bank of America, which only exists thanks to tens of billions of taxpayer dollars, is using YOUR MONEY to defend Angelo Mozilo against YOU, the victim.
Bank of America paying Mozilo's legal fees
Tue Jun 9, 2009 3:59pm EDT
NEW YORK (Reuters) - Bank of America Corp said on Tuesday it is covering the legal fees of Angelo Mozilo, the former Countrywide Financial Corp chief executive charged with securities fraud and insider trading.
Lawyers for the former executives last week said they planned to fight the SEC's claims.
Bank of America has taken $45 billion from the U.S. government's Troubled Asset Relief Program.
What makes this really funny is that Mozilo doesn't even need your money, because he's already stolen at least half a billion from you suckers... But he's taking taxpayer dollars to defend himself anyway, for the same reason that dogs lick their balls: BECAUSE IT TICKLES!
Mozilo's Monster Payday
JANUARY 11, 2008
By Dana Cimilluca
According to the LA Times, Mozilo stands to get a severance package valued at more than $110 million. That would be on top of $140 million of his Countrywide stake that Mozilo sold in 2006 and 2007, as the housing wave crested and then crashed. (In fact, as the Wall Street Journal points out, from 2004 through 2007, he sold a total of about $414 million of Countrywide shares - sales that drew the attention of the SEC.)
In 2006 alone, Mozilo, who built Countrywide into a thriving mortgage institution over nearly 40 years, got paid $48 million, according to the company's last proxy statement.
Yup, he gets over half a billion dollars, and you, the victim, pay him to defend himself from you. And what makes it so funny is that no American will ever do a thing to harm a hair on Mr. Mozilo's head. No matter what, even if you're the guy who's living in a Sam's Club tent, you won't do a thing about it. AHHH-HA-HA-HA-HA!!!
No comments:
Post a Comment