Posted in Crazy News, Crazy People, Oh Crap!, tagged anti-gay, attorney, crooked politicans, discrimination, doma, expense, John Boehner, republicans, taxpayers on October 12, 2011 |
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By Ian Millhiser
John Boehner’s $520/hr Lawyer!
Earlier this year, Speaker John Boehner’s (R) office announced that American taxpayers would pay former Bush Solicitor General Paul Clement to defend the unconstitutional Defense of Marriage Act — at a cost of $520 per hour of legal work. Clement’s original contract, however, included a $500,000 cap on the amount Clement could charge the United States to help protect discrimination. Less than six months later, Clement appears to have blown through that cap, and the House GOP now anticipates that he will take another $1 million from the American people:
The [House of Representatives] agrees to pay [Clement's law firm] for all services to be rendered pursuant to this Agreement a sum not to exceed $750,000.00. It is further understood and agreed that, effective October 1, 2011, the aforementioned $750,000 cap may be raised from time to time up to, but not exceeding, $1.5 million, upon written notice of the [House] to the [firm].
Clement is one of the nation’s top litigators, so Boehner has certainly not spared any expense in ensuring that unconstitutional discrimination against gay couples receives the best legal team available. The same cannot be said, however, for programs that actually benefit the American people. At the same time that the House GOP is writing enormous checks to keep anti-gay discrimination alive, they are pushing sharp cuts to education, job training and health care. In other words, John Boehner’s plan is to create lucrative jobs for hard-right attorneys, and leave the rest of the nation out in the cold.
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Posted in Gay, tagged attorney, bank of america corp, board, bonus, compensation, corporate, credit, crisis, employee, funds, john thain, merrill lynch, new york, salary on December 9, 2008 |
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This I find fucking disgusting…
NEW YORK — Merrill Lynch & Co. Chief Executive John Thain has suggested to directors that he receive a 2008 bonus of as much as $10 million, according to newspaper reports.
Merrill’s executive compensation committee and full board will meet to hear Thain’s request Monday, but are said to be resisting the request.
A few months ago, Merrill was considering giving Thain a $30 million bonus, but it reportedly scaled back his request to be closer to $5 million or $10 million. Thain received $750,000 in salary.
On Friday shareholders of Merrill and Bank of America Corp. approved the combination of the companies. The company has suffered losses of $11.6 billion this year, and as many as 20 percent of its employees will be cut when the Bank of America takeover goes through.
Thain — who has only been with the company since last December — is credited with taking decisive action to save jobs and shareholder value in the wake of the credit crisis.
New York Attorney General Andrew Cuomo called the possible bonus “nothing less than shocking” on Monday. “Clearly, the performance of Merrill’s top executives throughout Merrill’s abysmal year in no way justifies significant bonuses for its top executives, including the CEO,” he said in a letter to Merrill’s board of directors.
“It is imperative that Merrill’s Board prevent wasteful expenditures of corporate funds on outsized executive bonuses and other unjustified compensation,” Cuomo added.
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