More

Giuliani: My 'Warped View' Is That Huge Wall Street Bonuses Are 'Wonderful' (VIDEO)

First Posted: 03/18/10 06:12 AM ET Updated: 05/25/11 04:10 PM ET

Rudy Giuliani

thinkprogress.org:

On Saturday, the New York Times reported that the "bank bonus season" that begins this week "will be one of the largest and most controversial blowouts the industry has ever seen."

Read the whole story: thinkprogress.org

FOLLOW HUFFPOST BUSINESS

On Saturday, the New York Times reported that the "bank bonus season" that begins this week "will be one of the largest and most controversial blowouts the industry has ever seen." ...
On Saturday, the New York Times reported that the "bank bonus season" that begins this week "will be one of the largest and most controversial blowouts the industry has ever seen." ...
Filed by Lila Shapiro  | 
 
 
  • Comments
  • 161
  • Pending Comments
  • 0
  • View FAQ
Comments are closed for this entry
View All
Favorites
Bloggers
Recency  | 
Popularity
Page: 1 2 3 4 5  Next ›  Last »  (8 total)
photo
HUFFPOST SUPER USER
karen1p
04:00 AM on 01/14/2010
Guiliani is as big a scam artist as his banker friends. The guy's a scvmmy Iiar.
This user has chosen to opt out of the Badges program
08:22 PM on 01/13/2010
Dumb dumb said what? Who cares.
This user has chosen to opt out of the Badges program
DiogenesOfAlaska
Mitt Romney for president - of the Cayman islands!
05:15 PM on 01/13/2010
Well well well...

maybe the lifeblood that makes the NYC budget work isn't exactly the same as what makes the economy work.

Unless you mean Bloomberg.
HUFFPOST SUPER USER
gladhart1
11:29 AM on 01/13/2010
The big bucks bonuses get deposited in all the off shore non-taxed accounts.
HUFFPOST SUPER USER
gladhart1
11:27 AM on 01/13/2010
"My Warped View" - sounds like the title of his life story!
photo
FoonTheElder
Always choosing between the lesser of two evils
11:23 AM on 01/13/2010
Very typical of the American politician. We don't care if your money is derived from fraudulently destroying the world's economy. Just as long as we get our cut of the money everything is OK.
11:22 AM on 01/13/2010
Instead of taxing 'too big to fail' companies who are taking tax payers money why not just ban them by breaking them up.
hat tip to http://iamned-website.blogspot.com

Repealing the Commodities Futures and Modernization Act of 2000 and the Smoot Hawley Act is a good start.
HUFFPOST SUPER USER
bronxlcsw
10:49 AM on 01/13/2010
I wont say this but once in my life. I agree with Rudy on this one as much as i hate him. The Wall street bonuses account by some estimates for 40% of the City of NY revenues. I think i owe my salary as a NYC department of education employee to the bonuses.
01:22 PM on 01/13/2010
So the fact that they pillaged other peoples 401's and stole other peoples pensions and are being rewarded is okay as long as you haven't been affected yet! Wow, thats some education you have.
photo
HUFFPOST SUPER USER
Cleo Creech
Atlanta writer, poet, activist.
10:28 AM on 01/13/2010
I've known New Yorkers that felt this way too, they really love their rich people there in NYC. They keep the restaurants and theaters going, they buy all the expensive condos, they buy furniture in all the trendy shops. Their wives support fashion designers and party planners.

However, what's unforutnate is that you have the finance industry making a killing off of people from all over the country (even the world). They feed off of average Joe's from the coast to coast. Yet they're in such an insulated, pumped up world, they come to think the way they live is normal and expected.

HIs comments basically would be the equivalent of the Mayor of Levenworth, Kansas saying that he just loves rape, theft, and murder because it's so good for their economy with the prison there and all.
10:21 AM on 01/13/2010
I continue to find it ironic that the Democrats who control New York Stat politics point out that the decline in tax revenues from "Wall Street bonuese" over the last few years has been a primary reason of the catastrophic condition of the NYS budget.

I don't feel these payouts are warranted however the hypocrisy of the criticism needs to be recognized.
photo
HUFFPOST SUPER USER
henrypapillon
Mitt--free up the last 9 years' taxes
10:10 AM on 01/13/2010
Warped? No, Rudi. I think you, like most guys six foot tall and 195 pounds look very nice in a red dress and heels and red lipstick. You are getting older now. Lose the blond wig and get a blue one.
Grunty1
Micro-bio this
10:01 AM on 01/13/2010
At least Rudy realizes that his views are warped.
09:22 AM on 01/13/2010
I thought he was lost some place in Florida!
photo
HUFFPOST SUPER USER
amaycatbaker
09:04 AM on 01/13/2010
I have warped thoughts too about business:

I was taught to dislike anything communistic.

Communism = group of people working together for a goal = stockholders
to impliment communism you need benevolent dictators = CEO

The leader in the end is supposed to step down and let the people choose and rule themselves.

I know this is simplistic in thinking, but in any system there are similarities. And like communism, the dictators are not stepping down and taking more for themselves than the group of people.

I guess warped thoughts come from NY, my birth home.
08:57 AM on 01/13/2010
I'm so happy that
his political career
is 'dust'-
This user has chosen to opt out of the Badges program
photo
09:31 AM on 01/13/2010
Why is he still on T.V. anyway?