Money For Nothing
Who wouldn’t want to join this club?
Sinecures for life (one way or the other), no need to pay taxes and a plethora of prestigious and well remunerated board positions, to name but three perks.
And Rahm Emanuel was not very choosy. Greedy little politician gobbled up whatever came his way. Including a stint on the board at Freddie Mac.
Dun Dun Dunnnnnhhh!
Two things about this: (1) it coincided with a major accounting scandal and (2) Rahm made at least $320,000 during his 14-months there.
The responsibilities of a board member do not amount only to nodding your head, clapping your hands and drinking coffee, Rahm.
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March 27th, 2009 at 01:59
Money for nothing huh. Well we wouldn’t want to go our money that way. There are things that could still be done about it.