Or, in this case, possibly funding bugout homes in, oh, Bora Bora, say.
WASHINGTON - It's something any bank would demand to know before handing out a loan: Where's the money going?
But after receiving billions in aid from U.S. taxpayers, the nation's largest banks say they can't track exactly how they're spending the money or they simply refuse to discuss it.
Excuse the fuck outa me...?!? REFUSE TO DISCUSS IT?
Look, it may be just me, but there is a certain principle of accountability here ... you people FUCKED UP. The government, largely against our will, gave you 700 billion dollars of our money to try to repair the worst of the damage you did. And you're refusing to discuss how you're spending it, or even WHETHER you're spending it?
"We've lent some of it. We've not lent some of it. We've not given any accounting of, 'Here's how we're doing it,'" said Thomas Kelly, a spokesman for JPMorgan Chase, which received $25 billion in emergency bailout money. "We have not disclosed that to the public. We're declining to."
Being unable to account for where the money went, as government agencies are frequently wont to do, is bad enough. (In a recent year, the CIA was "unable to account" for more than 60% of its operating budget.) But when you ratfinks are collectively given seven hundred billion dollars of taxpayer money, ostensibly to try to fix a fuckup of this magnitude that you created in the first place, and you DECLINE to account for what you did with it?
I say you HANG. In public.
