17 December 2009

KingCast presents: The Citibank Vikram Pandit cam, where is he now?

Pictured: Citi CEO Vikram Pandit, seated with other fat cats, Citi/Morgan Lewis lawyer Sam Shaulson and one of his contemporaries.

Well I figured since some of My Friends spy on me, I will spy on Vikram Pandit-- The Most Powerless Powerful Man on Wall Street, who inherited a poop-show and who was MIA from the Presidential summit. He was no doubt busy getting out from under the Pay Czar so he and his corporate pals could keep on raping, pillaging and plundering America and the rest of the Free World, as noted. Bill Christy of the Bill Christy Project seems to think that just because the government stands to make some loot off of Citibank that Citibank's corruption and theft is A-OK, as noted in the above link.
But the President and Robert Scheer apparently disagree with that assessment. I call them scum sucking rats, while the President prefers "fat cats," at least in public. Scheer quotes President Obama and writes:
“I did not run for office to be helping out a bunch of fat cat bankers on Wall Street.”

But whatever his intentions, Barack Obama has in fact accomplished just that, to the immense anger of the public that elected him. Thus, it is understandable that, in his “60 Minutes” interview last Sunday, Obama lashed out at the ingrate bankers whose greed he had served but who have failed to seriously increase lending or forestall foreclosures and instead shamelessly pocketed the cash the government threw their way:

“They’re still puzzled why is it that people are mad at the banks. Well, let’s see,” he said. “You guys are drawing down $10 [million], $20 million bonuses after America went through the worst economic year that it’s gone through in—in decades, and you guys caused the problem. And we’ve got 10 percent unemployment.”

Citigroup Chief Executive Vikram S. Pandit couldn’t make the meeting with the president who had saved his corporation from bankruptcy because he was too busy lining up new private financing to allow Citigroup to escape the bonus confines and other limits stipulated by the government bailout program. No bank bears greater responsibility for the economic debacle that has caused such worldwide suffering than Citigroup, whose immense growth was made possible by legislation that Summers and his then-mentor, Clinton Treasury Secretary Robert Rubin, successfully promoted in the late 1990s. Rubin was rewarded for his efforts with a top job at Citigroup........

It was Rubin, as an Obama adviser, who pushed for Pandit’s selection as head of Citigroup. Perhaps Obama could enlist Rubin’s aid in getting Pandit to accept the president’s invitations to the White House. But of course there is no expectation of getting Rubin and Pandit to pay back the bankrupted homeowners they swindled.

Almost every multinational banking scam involves Citibank. I've been listing Enron, Ohio, California, Mexico, Russia and some of the others here and at Citibankisracist blog, and of course we will see that Citibank lied when they are forced to produce the bank video in my racial discrimination case against them, MCAD will be requesting that video in the ordinary course of business even though my Motion to Compel it was denied. That denial actually works in my favor because it gives these liars less grounds for appeal should they get smoked at the Commission stage by a Probable Cause determination.

Wherefore I hereby suggest we fire up the Vikram Pandit cam(TM) as he jets around looking for more ways to fleece America and the World Public. Daily Kos knows what time it is.

1 comment:

Christopher King said...

So what's your line now, Bill?

Do you agree with the President or not?

Olive Branch still available.

-The KingCaster.