"Bailout Bank Blows Millions Partying in L.A."
 

Northern Trust bank .... they got 1.6 billion or so..



http://www.tmz.com/2009/02/24/northe...-bank-bailout/


:error:error:error:error

Northern Trust, a Chicago-based bank, sponsored the Northern Trust Open at the Riviera Country Club in L.A. We're told Northern Trust paid millions to sponsor the PGA event which ended Sunday, but what happened off the golf course is even more shocking.

Northern Trust flew hundreds of clients and employees to L.A. and put many of them up at some of the fanciest and priciest hotels in the city. We're told more than a hundred people were put up at the Beverly Wilshire in Bev Hills, and another hundred stayed at the Loews Santa Monica Beach Hotel. Still more stayed at the Ritz Carlton in Marina Del Rey and others at Casa Del Mar in Santa Monica.

- Wednesday, Northern Trust hosted a fancy dinner at the Ritz followed by a performance by the group Chicago.

- Thursday, Northern Trust rented a private hangar at the Santa Monica Airport for dinner, followed by a performance by Earth, Wind & Fire.

- Saturday, Northern Trust had the entire House of Blues in West Hollywood shut down for its private party. We got the menu -- guests dined on seared salmon and petite Angus filet. Dinner was followed by a performance by none other than Sheryl Crow.

There was also a fabulous cocktail party at the Loews. And how's this for a nice touch -- female guests at the Chicago concert all got trinkets from....TIFFANY AND CO.

i need some fuckin bailout money i want some party girls and and a endless bowl of snow

My bank is getting a bailout


http://www.nymalegigolos.com/master-pics/bank.jpg

Whole bailout is turning into a joke.
Why not hand even more money to the people who stole it in the first place.
Brilliant.

And this surprises you HOW?

they should lock up the people who stole it , it is getting out of hand the execs up top really could give a shit cause they already made their $$$

fuck people

And these are the people we entrust with our money... we go to their machines and tellers and hand over all our money... they squander it all, go belly up and even when someone tries to save them... they still pull this crap.

The money should be demanded back. Can't give it back? buh bye. You deserve to go under.

The home town bank we have here told the Government they didn't want the 19 mill they were going to get.

kudos to them, I also applaud Ford for not taking money:thumbsup:thumbsup

haha yes :thumbsup

time for new laws to create and put a stop to this vicious circle of burning money by the ceo's.
If somebody OWNS a company, I hope he makes billions, but if you work somewhere you should not be able to determine in spending so foolish.

You people are forgetting something!! They are "stimulating the economy"! :winkwink:

That's how I feel, they had the CEO on the news last night talking about it.


:thumbsup

Yet people still want to hang the woman who had 8 kids. I think you will spend less of your tax dollars keeping her kids alive than paying for this weekend dinner and party + the Billions on the banking and auto industry.

I can understand treating your clients well to keep solid relationships, but this is a spit in the face to tax payers around the United States. Even Canadian banks have forked out some money to the U.S. to help. UNREAL

that's simply amazing.

exactly...why does someone who works for abc corp get to rape it and take tons of money?

who determines that.


if you own a company it is one thing...working for one shouldnt be an automatic cash heist

These companies make me sick. At this point, I welcome nationalization of banks. Clearly the greed is completely irresponsible and these execs simply can't be trusted.
WG

yes, it should be bound to a max by new laws.

agreed :pimp:pimp:pimp

Yet, people still love Obama.

:(

The politicians seem MUCH more guilty than the bankers.

ME TOO:thumbsup

I'm with you :thumbsup

I'll tell who can be trusted? ME

i don't understand why billions are given to any of these corps/banks and they are not held accountable for how it is spent. yes, that's a shitload of accounting but i feel it should be a demand, a law, that if you receive bailout money you must prove that it was spent in the manner you laid out and the government approved. in the end, we the taxpayers are paying for these bailouts. why shouldn't we demand to know where that is going to be spent before it is handed out and then require it be monitored? our government is just as corrupt as any other :2 cents::mad:

damn and... "Now how's this for outrage? Northern Trust laid off 450 workers in December, 4% of its workforce."

Bank of DreamCash :)
WG

Who fucking cares if credit markets are frozen... let every bank go bankrupt. I'll go back to paying cash for everything, no problem.

damn didnt see thaT

Congrats on being able to pay cash for a house and car. You are in the minority though.

lol....not if jim has the checkbook........lol

I would expect nothing less.