Comment on Richard (RJ) Eskow: Hush, Hush Sweet Charlotte: How Bank of America's Seven Million Dollar Man Silenced a Whole Town

Richard (RJ) Eskow: Hush, Hush Sweet Charlotte: How Bank of America's Seven Million Dollar Man Silenced a Whole Town

You don't have to be good at your job to earn seven million dollars in a year. All you need is a few friends in the right places - places like the Federal Reserve, the Justice Department and the Treasury Department. As the song says: "If I had a friend like Ben ..." (Bernanke, that is.) With friends like these covering your back the protests of people into the street - and of your own shareholders - will soon fade into blissful silence. Love and Heat Today was a very good day for Brian Moynihan, the Bank of America CEO whose 2011 compensation package was approved today.

 

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