Sex and the TARP!

Here is a riddle: What is more scandalous than "Sex and the City", costs $2000 / hour, gives intense pleasure to someone other than you, but is paid for with your hard-earned money under TARP?

Guess? Didn't get it?

Ok, here is another hint: What is a legitimate business expense for big Wall Street CEOs in order for them to perform their high-stress, high-paying jobs, delivering "great" rates of returns for their investors?

Give up? Beyond your imagination?

I don't blame you. It is hard to wrap your minds around this creepy excess.

According to an NYC Madam, Wall Street execs and CEOs have been utilizing high-end prostitutes at $2000/hr and paying for them with their corporate credit cards. They have been deducting these expenses illegally as legitimate business expenses. Looks like the TARP money will come in handy to rescue their firms since their routine expenses to "conduct" their business is higher than the profit generated from the business. It is no wonder that the companies that they manage are now running at a loss and need tax payer money to help offset losses. To add insult to injury, even after this illegal, deceitful, fraudulent and distasteful behavior they have the gall to resist Govt. oversight for the TARP money and fight the restrictions placed on their compensations. And they try to get the Republicans to spout crude "wisdom" about Govt interference in their business.

By rights, we, the public, should ask the Govt to prosecute all these executives and recover this money from them. We should also be defining the oversight of company expenses for companies that accept TARP money since we have paid for all this:

- a major New York real estate developer who, according to the list, "will come to the door wearing women's panties," and who spent nearly $100,000

- a partner at the Wall Street law firm Cravath Swaine Moore "looking for a party girl to come fully equipped" and spent a total of $20,000

- an investment banker from Lehman Brothers who saw "Kelsey and Keely together" and later saw "Aria and Skyler at the same time"

- an investment banker at JP Morgan Securities who "loves Brooke" and spent $41,600

- an investment banker at Goldman Sachs who "only wanted all-American girls" and spent $27,000

- a managing director from Merrill Lynch who saw "Lana" using the name "Nataly"

- a managing director from Deutsche Bank "who called about seeing Nataly again"

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