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Bankster Bosses Complain of Tension With Fed Over Pay – Hey Banksters, Eff You!

A group of U.S. bankers has told top Federal Reserve officials that regulators’ focus on restraining bankers’ pay is creating “unnecessary tension.”

At a meeting last month with Fed Chairman Ben Bernanke and other top officials, executives said the Fed’s goals for bankers’ incentive compensation are a source of friction with regulators…

… members, including Citigroup Inc. CEO Vikram Pandit, Capital One Financial Corp. CEO Richard Fairbank and U.S. Bancorp CEO Richard Davis…

… said it is “commonly perceived” that banks’ performance goals will be criticized by bank regulators if they are not easy to meet and do not reward “exceptional performance,” …

Bankers also expressed concerns about the so-called “stress tests” of banks’ financial health released by the Fed in mid-March, according to the central bank’s summary. Some banks have been critical of the process, questioning gaps between their own internal financial estimates and that of the central bank.

via Bankers Complain of Tension With Fed Over Pay Restrictions – Real Time Economics – WSJ.

They need to shut the fuck up. Instead they continue to skim and scam and complain with impunity. Prosecute these bastards already.  Until  something is done to put these greedy, self righteous, criminal pricks in their place (jail), they will rob and rape us again and again and again.

It’s time for the Obama Administration Justice Department to stop coddling financial criminal masterminds and start acting like a real law enforcement agency. This administration has had 3 1/2 years and has done nothing.  Instead it cowers while the bankster bosses throw their weight around.

What an outrage.

1 Comment

  1. Frog

    The government is the servant of the banks, so the banksters are complaining that their slave is causing unnecessary tension.  This relationship needs to change.  But as long as corporate funding puts politicians in office, it can’t change.

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