Bank bailout money goes to CEO bonuses

Mark Cuban, billionaire owner NBA team Dallas Mavericks, runs a couple of interesting web sites. In July of 2006, he started ShareSleuth, an online publication that exposes fraud in the stock market. It’s surely worth checking out.

More recently Cuban has launched BailoutSleuth, an online publication aimed at creating transparency of the government bailout of the financial services industry. One of the latest findings seems to be that officers of all of these failed banks are continuing to pay themselves millions of dollars in bonuses. While some other countries have their own bailouts, the U.S. is the only country who has not capped the compensation for officers of the corporations who receive bailout money. Read the details here…

Subscribe :: add to :: Digg itDigg this :: Stumble It!Stumble it :: post to facebookfacebook

:: seed the vine :: Add to Blinkslist :: add to furl :: add to ma.gnolia :: add to simpy :: :: TailRank :: [What are these icons for?]

Reader Interactions


  1. Mark Cuban has his share of troubles right now with the SEC for alleged insider trading. However, with the best attorneys money can buy. He will likely get off the hook…


Leave a Reply

Your email address will not be published. Required fields are marked *


© Copyright 2003 - | Terms & Conditions | Privacy Policy | Contact



The information contained throughout this web site is not a substitute for professional advice you would receive from an accountant, attorney, investment adviser, or qualified tax preparer. The information provided does not constitute professional advice nor is it conveyed or intended to be conveyed in the course of any adviser-client discourse, but is provided for informational purposes only. If you enter your email address on our web site, you are also requesting and agreeing to subscribe to our free email newsletter, and you can unsubscribe anytime if you don't enjoy it. References to investment performance of any kind is for illustration purposes only.