Executive Gets New House With Taxpayer Money

[TriaMaxwell]

*Looks at the dining room* That's half of one floor at my apartment complex.

[pnarayan1]

i wouldnt blame the bankers, blame the govt! IF you were one of the bankers and got a 25m payout, arent you entitled to spend it as you wish? the govt should have been more aware of exactly where the 25b of funds were going!!!

[minixboy]

Have them all arrested and shot.

[kuliimjulischreiben]

FUCK assholes like this. They'll pay up for their higher ups to get a fancy ass home but they can't pay the $720 dollars we try to take out of our 401K.

[rupertlitchko]

ML is the worst place to work for. My wife works at Hopewell Campus- bldg 5. It is THE MOST POLITICAL environment and you need to suck up to survive else you will not. They do not have any damn process and it is the most chaotic environment as I can understand from the weekend calls they have during application rollout etc. They suckup and blame through the call and hang-up.

[Bill1275w]

There are lots of good people in this industry just trying to support their families. Please don't attack us when we call. The risky decisions were made long before anybody lowly enough to be calling you ever joined and they happenned at levels well above our heads.

[Bill1275w]

I work for ML/ BOA as a broker.

I 've been here for a year and I make only 45k/yr.

I have a wife, a little boy, and we're taking care of her mom who has alzheimer's.

I served as a Naval Officer during Enduring and Iraqi Freedom.

Ever see the movie "Pursuit of Happyness"?

[Afbarrett5]

Very true, there are hard workers in the industry. A lot of what ppl saw with ML is changing.. partially from really strict compliance from BoA and the stigma that's depleting from new hires like yourself just trying to make a living, help people in need, and to prove themselves. Keep truckin' in the PMD program man.

[uterzemson]

stealing money from people is a world wide thing .but buying that shit hole with ugly ass decoration is the biggest insult.

[Templar714]

LOL!

I love your comment

[tubelincoln]

its call capitalism u fuckhead....

[sugarpuddin88]

Merrill Lynch gave out 3.6 billion in Christmas bonuses

American sheeple have the government they deserve!

[kymystic65]

mega greed is alive and well in the US of A.

Didn't something like this happen in France

"Let them eat cake"

[bamboorepublic]

People are out of work, our tax dollars are bailing these companies out and these crooks are getting away with millions of tax dollars. WOW! only in America. Where is the outrage America?

John Thain, Stanley O'Neal, Kerry Killinger, and other execs; we should take a lesson from China and takes these crooks out and Shoot their souls to hell.

[banstaman]

I mean I see if I were robbed on the street, yeah $50 is gone, but I can make up for that, and the guy can still go to jail. But being in my home paying my taxes being a "correct citizen", I get robbed by people like him, John Thain, Stanley O'Neal, Kerry Killinger, and other execs, of over thousands of dollars, but they just end up living in heaven! This is just a disaster. Why are bonuses going to undeserving fools like such? They should be the ones in prison!

[PlayT0E]

Some of Bernie Maddoff's victims should have been given jobs at Merrill Lynch.

[dewzs]

The rich (illuminati) get richer and the poor pay for it.

[cheddyrod]

I think Louis XVI and his charming wife Marie did the same thing. What ever happened to those two?

[drsuperhero]

I have seen executives at high level receivership gov't takeovers, and I can tell you the "pressure" at that level is worth no more than 500K. It is high level pressure and they work enormous hours and are continually involved but the only reason to justify that level of compensation is greed.

[pretorious700]

Apologists make me sick to my stomach.

[Isawanangel1X]

BOO, BOO, DISGUSTING

[levimon]

sickening

[PFSI]

For, at root, money, serving as a store of value and medium of exchange, is the lubricant that enables a society to organize itself to achieve progress. The ability to store the fruits of one's labor for future consumption is necessary. The average exchange rate for money against all goods and services, and how it changes over time, plays a profoundly important role in any society, because it influences the nature and scope of our economic and social relationships over time.

[UNCLEDAD800]

Did the post down below say "you should consider the pressure that a CEO has to take on?" WELL IS IT MORE THAN THE AVERAGE MOTHER AND FATHER TRYING TO PUT FOOD ON THE TABLE FOR THEIR KIDS??? UN "FUCKING" BELIEVABLE!!!

[Kylestyle05]

??? Please enlighten us.

[uofmjones]

He did nothing wrong. And for all of you who think you are bailing out Wall Street, how much iof the taxes were actually paid by the "peasants." The answer is very little. Rick people, dead people and corporations pay over 90% of federal taxes. Don't bite the hand that feeds you.

[comedicstuff]

The guy is worth way more than $37 million, so it's nothing but propaganda to say that he specifically used the government bailout money to buy it.

[zzzbbb123456]

Americans you just got punked. All those guns and no balls to use them. Cowards. Are you really gona let these asshols do this to you.

Please comment.

[GregPruden]

I hope his wife divorces him.

Good luck with your $37 million dollar house then.

[leparc2008]

Just send him a (or a few thousand) dominos pizza

[goku2525]

Well at least one person got to keep their house......

[vbt14589]

oh I'm sharpening my guillotine...

[duhCider]

Ah, the Bush legacy, take from the poor and give to the rich. What we have lost under Bush's "leadership" is incalculable and will take decades to rectify.

[DrewAWeeks]

You think it's being rectified? haha, BY WHO?

[duhCider]

It's going to be rectified or this country will further dissolve into a second-third rate nation. And it could only be progressives who do it, because sixty years of con-neocon policy has destroyed much of this democracy built on civil liberties.

[DrewAWeeks]

Yeah sorry no change is about to come. You vote in the same pork barrel spenders like Obama who you think wants change but preaches the exact same policies in a different package and the sheep vote in accordance with what the media tells them. Not that it matters the media didn't have a choice except Ron Paul and Fox et al. sufficiently made sure he didn't get noticed unless it was a few moments of mockery.

[duhCider]

Give Obama a chance. Support him and lets see what happens. Be positive. Your whining is only supporting the psychiatry and pharmaceutical industries.

[pretorious700]

It doesn't really matter if you support him or not-he's in office now. What recourse do we as citizens have now? The President and the congress will do exactly what they want to do, period. Obama is a cipher, he was bought by the corporate monolith that contols this country. His "ideas" about "stimulus" are all wrong, designed to destroy the dollar and usher in a new alignment of power globally.

[duhCider]

Every economic system ends up supporting a small coterie of the powerful at the expense of the rest. The real test for Obama is if he can get the Oil/War mongers to loose their grip of this nation's throat.

[Krash845]

When is the revolution going to start?? When will people finally wake up and realize that the treasury is being looted?

[armand83]

Fuck that, I'm sleeping over for at least a month.

[GretchenDawntreader]

this whole TARP is the biggest fear-rush bullshit since Iraq. We gotta vote 700B to save mortgages and buy back back debts so people stay in their homes, and NONE of it has gone for that.

Every penny has gone to some asshole like this ML guy.

Someone should string Paulson up. Gets 700B then decides to just give it to his buddies?

Drawn and quartered. Buried in an anthill drizzled with honey. Something.

[hieian]

Since took the money from the taxpayers, the tax payers should have the right to live there unless he gives all the money back along with cutting off Merrill Lynch. We need to utilize the IRS for stuff like this.

[Bobbiethejean]

It's time to storm the Bastille, my fellow peasants.

[kwballzandy9206]

lets get it together people say what you want about the french but they know how to have a revolution when the rich rapes the poor out of the money

[Joe402]

Jail all CEOs.

[putittogether]

Um well, let be guess, The Young Turks are for the auto bail out, and the next big wall street bail out coming in late 2009, and they will say "the economy will really collapse now if we don't do this", and if "you the 2008 crisis is bad, well this one is worse".  And the people will lick it up, and wallah!!!

Another bail out for the rich, politically connected. And the socialist win again. Don't you get it? In the end we all lose. So sad.

[putittogether]

What is so funny is that the socialist think that money the government gets from the working people will go to the poor. LOL

[eirefrance]

No, whats truly funny is that you use the word socialist when commenting this video.

[jiggakilla666]

If we publicly lynch just one politition or corrupt executive they will think twice.Lets take this country back.

[jiggakilla666]

I meant polititian.

[DillonX]

I don't believe anyone is actually shocked by this.

I believe we all knew that the bailout was for the top 5% -- JUST LIKE EVERYTHING ELSE BUSH HAS DONE!

[LeFoiHyene]

This is why SMART people were AGAINST the bailout.....

[sparda9060]

too bad not all of them had the balls to stand up against them when they threaten for to turn this country into a police state.

[sddallas]

Another Jewish banker laughing all the way to the International Bank!

[superjeff14]

thats bullshit. freaking scumbagg

[redbonegal]

LMAO!! "What is this France? Versailles?" And on top of it , he has no taste either. I wouldn't spend your money on that crap!! And the workers are getting laid off!! What scum!

[Sidekra]

Americans are so dumbed down, and so in the dark about things like this, it's no wonder this happened. When will we as human beings take charge and instead of complaining and jumping through hoops of paper and courts that are so unbelievably corrupt, take charge and flood the streets in the millions!! i can sense a revolution in the works...i feel it in my blood. my blood is boiling over this!

[PaxBrittanica]

Americans are stupid. Go and get your money back you dumb mother fuckers. Even the French saw sense and got the guillotines out when their elites got out of hand.

[jaim12005]

great we all have a place to stay now when we visit NY- Write down the address- lets all go stay there. WE PAID FOR IT!

[Boomer1949]

I'm with you jaim!! I love the city and this is so close to Central Park too!! Man what a life, who would have thought just a couple of short months ago I would own a house in NYC!! Only in America.

[godzillaislarge]

fuckin stealing rich fuck O_O

[AuroraKismet]

If life were fair,we could make him trade places with John Lennon.John deserves to be here.

[freeamerica365]

they are all on the list of tratiors..they will soon be in court on treason , war crimes , crimes against humanity charges..THATS A PROMISE FROM A PATRIOT!! enjoy ur money bankers while you can. good luck b/c you need all the luck in the world.

doc

[gordongekko83]

That living room and dining room are hideous! He wasted our money.

[lydiasaintjohn]

I still say the execs of these banks should be bankrupted to pay for stuff first, and then the bail out money kicks in.

[dookdawg214]

Wow, that's the cheesiest-styled appartment I've ever seen. Throw-up yellow walls with Versailles mirrors in a Manhattan penthouse?

[mcnayrk]

I think its time to start burning buildings down.

[chris3325]

I second that.

[johnedwards1968]

Robber Barrons!!!!

[gsingh5]

Fuck those rich bastards. C'mon TYT lets go and fuckin kick their greedy asses.

People are struggling to pay their healthcare bills, and go to college and their tax money is going to these fuckin rich fuckin bastards. They should burn in hell.

[rextrek]

its a god-dammed disgrace!!!!! yet they practically lambast the big 3 car companys for thier measly loan!

[ournewthing]

Greedy pricks like this need to be tried, convicted and shot to death in the street while the people cheer.

[hjk798]

well more power to him.

he took advantage out of the rules in the book.

don't hate the player, hate the game.

[mcalien24]

i agree...the problem is the game is not set.

the players are re-writing the rules of the game...and calling it deregulation.

[crowdaddy13]

i hope it burns to the ground and he's trapped inside

[saadasim]

It's the trickle down theory with a twist.

It's now called the piss down theory!

[vladster7272]

besides that hallway the rest of the house and things in side it look like shit

[crowdaddy13]

well, you just bought a shitty house then

[vladster7272]

ahhah like so money other i wish i had that money. And if i did i won't buy a house worth that much and if i did i would do it where i don't have people around me or not to close, but thats just me.

[crowdaddy13]

no shit, id buy me an island somewhere, because if i stole that much money id be worried about somebody lynching my ass

[mckennydarryl]

all NY tax payers should all show up and ask to sleep on the couch since you payed for it then see how he likes it

[QnZXTrYcE]

"what is this france?" LMAO

[JacksInn]

The rich is getting richter, always winning.

The poor is getting poorer, always losing.

So... what's so new about this?

[Blac13]

He should be sodomized by a polar bear.

[DrakeMagnum]

Ha ha!

I shall get to work on that plan right away Blac13.

[sisforshayla]

ugh! disgusting behavior is even worse than the ugly furnishings in that penthouse.

[swordmaster2k1]

Seriously, this guy buys this place *after* the bailout? What was he thinking? He had to have known the story would reach press and it would not look good. This says to me he is confident in his legal and political protection, which bespeaks corruption of some sort considering it's our money being toyed with. Bank executives get bailouts but auto workers lose their jobs and pensions. Yeah, nice work Republicans...

[Abercrombie1chico]

Why don't we rise up and slay this guy?!?! I will be the leader with my torch aflame!!

[busherbee]

burn the mofo at the stake

[Ddubb925]

Park Avenue.. Isn't that right next to Broadway?

[PharaohessSetsume]

2012 is NOT the End of the World... IT's THE END OF THE GOPDX! I'm SO sick of seeing this I stopped watching tvDX! I think it's rediculous how rich people get all these bonuses ON TOP of the MILLIONS THEY MAKE ANYWAY. While like 90%!!! Of the U.S Pop is Either BELOW the povertyline or they "make to much money" for health care. SOMEONE PLEASE TELL ME HOW 7-10 dollars an house is "TOO MUCH MONEY DX!!!" DAMN THESE PEOPLE! Makes me sick!

[PharaohessSetsume]

*Hour* Sorry i was so mad i made a typo -_-.

[facelesshorseman]

It's time to bring back the term, Brazilification.

Remember the armies of American business were going to change the world with their free market tour? How engaging oppressive Governments with trade would be the surest way to promote Democracy? Looks to me that sitting in old world style villas in third world countries with oligarchs, the boys went native! Remember, the richest man in the world is in Mexico.

[CrazyInTheMix613]

Great Video Post...5/5

[gymelef]

The biggest robbery in Recent U.S history, good lord you got to love the regulations in place for these jackals.

[norbu2006]

so ... what do I need to do to become one of these bank executives?

[Spartan54232]

Sell your soul to Satan, give up the love of your family, friends and everything but money. Sacrifice your manhood, kill the bank exec. before you with poison, fake his will to make it look like he left the comp. to you, and at the end of your life kill yourself using a wakizashi and Japanease ruitualistic suicide to kill the evil spirits enshrouding you. (Im ganna become a lawyer and a polotician, a lot easier I only have to sell my soul to the devil and thats it ^.^

[norbu2006]

becoming a banking executive sounds kind of stressful.

[ViciousGX]

Which part?

The being employed for less than a year and getting millions in bonuses?

Or the leaving your companies headaches to the people working for you and buying everything u want?

[americanmuslimgirl]

Keeping throwing money the hole inside your life. I'm sure it will fill up eventually.

[Williamkurk]

Pull out the guillotine!!!!!

[johnny718bravo]

The whole bailout is criminal.

[mrzack888]

When will the people put down the remote, pick up the pitchforks, and start with the Killings???

[Abercrombie1chico]

I agree with you!!

[alexmigda]

haha great prejudice against france

[DTMTroy]

the funny thing is they do it all the time and all ya's do is flap your gums about it.i live in canada and i tell ya if this ever came out i wouldn't pay my taxes ever again.ya's need to stop bitching and do something.they can put alot of people in jail for not paying taxes but they can't put all of america in it.

[widgit007]

Seeing as you guys paid for it you should get to use it. I say post his address and when ever you need a venue for a party show up at his place with all your mates.

[evilblades]

well,,, why don't they just eat cake?

oh man, if this was the french revolution we would be lining these greedy assholes up in front of the guillotine.

[oppesdaman]

Time for an Economic Revolution!!!!!!!!

OFF WITH THEIR HEADS!!!!

[gph61]

I used to be in the business of inspecting high end homes. The wife always owns them. Must be something to do with taxes.

[SmokinBabies]

if only prostitution was legal in this country, everybody would be rich

[Spartan54232]

no we would all die of STDs

[SmokinBabies]

no because it would be a business that would have a whole lot more regulation than these banks today. health issues would be #1 concern

[darealdjnutz]

Seize these criminals property.

[CB563]

The military has a term for this: BOHICA.

Bend over, here it comes again.

[imanisankofa]

I'm tired of these type of stories. The rich gets richer while the poor gets poorer.

[darealdjnutz]

It's the American way. A.k.a. The Republican way.

[Jackthemeat]

Wonderful, thanks for bringing this to our Attention. We need you Bulldog. Don't stop ranting and raving about this. Not just on your show. Go everywhere and yell it from the rooftops. You're our man Cenk Go get em.

[Unekwu89]

I hate the google ads on the video, whenever Cenk is on the ad say 'Why am I fat?' I dont think its right...

[Diffie64]

This makes me furious! Thank you for posting this. I'm going to see how my Rep voted on this bailout. If he voted for it, I'm going to post his name along with this link all over the web.

[ErickKing91]

This People is Disgusting!!!

Great Video!!!

Everybody Need to see This!!!

[katey1dog]

Fuck robbing a bank, I'll apply for work at Merrill Lynch.

[powerlink485]

Just another great example of what happens when you have an unregulated sector of greedy people. The sad thing is this will likely become overlooked by the media at large.

[WKaliber1]

Dumb Americans

[winnerslose4]

lol. its not hard to get first on a turks video

[ColombianGamecube]

WTF

No effin way man. This man should go directly to jail, do not pass go, do not collect 200 tax payer dollars.

[godzillaislarge]

lol lol

[MaggotSoldier666]

You fail at life.

[masterdk29]

do u need to tell him he fails at life... if u do then u fail at life to

[GEMINIGOD18]

fuck you mad cuz i was first

[MaggotSoldier666]

Fuck no, I hate firsters.

Most pointless shit ever.

[GEMINIGOD18]

stop hatin and get money

[JealousInquiry]

He thought he was first so he said so. He wasn't. Big deal. No need to pick on somebody for not getting in on it fast enough.

[GEMINIGOD18]

stop hatin and get money