I have a wee bit of an idea for an ongoing thread in this cyberdomain . . . a wall of shame, if you will, of those who belly up to the
taxpayer-fuelled governement trough to take 'bailout' money while feathering their own nests, so to speak.
To that end, I give you this greedy piglet who clearly
feels his pot of gold lies at the end of a our tear-fed rainbow.
The South Financial Group, South Carolina's largest bank, announced earlier this week that it had been approved to receive $347 million from the
U.S. government. But the bank's founder and longtime CEO Mack Whittle won't be sticking around. He retired with an $18 million severance package in
late October, two months earlier than had been expected. Because of the timing, he's free from golden parachute limits (PDF) that come with accepting
bailout money.
If you see him on the street . . . don't forget to stop and thank him for being such a shining example of everything that is wrong with our system in
these ever darkening days . . .
Any other nominees?????
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