In Case You’re Wondering How Your Tax Dollars Are Being Spent In The Bailout…

I’m totally sickened to inform you, thanks to a link sent to me by an astute and alert mockdocker, that a former executive at Merrill Lynch, who got a $25 million golden parachute after THREE LOUSY MONTHS OF DOING FREAKING NOTHING, has just bought himself a THIRTY SEVEN MILLION DOLLAR Park Avenue home. 

Peter Kraus, 55, got himself the five bedroom spread after swindling the entire nation out of $25 million when Merrill Lynch was bought by Bank of America in September, according to the New York Post.

If you’re not already vomiting, allow me to share some of the amenities of Pete’s new pad. 

*11-foot-high ceilings
* four fireplaces
* three maid’s rooms
* mahogany-paneled library
* an upstairs gym
* squash court and wine cellar in the building

And even though dude was in office for around three months, he actually put in only a FEW DAYS of work.  

So where are all the Americans who were in favor of this idiotic bailout?  Because this is freaking LUNACY.

The only solace we can take, and believe me, it’s not much, is that dude is moving into a place where he has to undo a CRAPLOAD of poor taste by the previous owners.  Behold:



Peter Kraus, I hope you die of guilt and shame, you worthless snatchrag.


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  • rosie too

    And the best part is…he bought it under his wife’s name because he knows how utterly douche-y it is for him to be spending our tax dollars this way.

  • Lioness

    We have a saying in our family, “Always do what you’ve always done, and you’ll always get what you’ve always got.” Usually that gets followed by “Money thrown down a wishing well is just a waste of good money.”

  • ER

    The bailout is totally getting out of hand. Well, actually it started that way….anyhow, everytime I turn on the TV there’s some other company asking the government for money. Where does it end? Please Bob, say something witty and give me a much needed laugh 🙂

  • Pris

    Nothing like horrible (& expensive) bad taste for bringing back out all my breakfast…

  • Daisy

    I’m going to get on a plane, fly to New York, and publicly harrass this man with hand gestures and loud comments about how small and nonexistent his penis is. This is the only sensible thing I can think of doing right now. Seriously….who’s coming with me?

  • elizabeth.

    I’m down.

    What a jerk-off.

  • Jenn

    I’m with you. I’m already here in NYC and can be there in minutes…

  • mlm

    Snatchrag! HA!

  • Jordon

    Just fire em-fire them all

  • sbarros

    he should have set aside another mil for a decorator, cuz damn!

  • ErinnR

    hate hate hate… it isn’t a strong enough word for what I feel about this whole bailout….

  • champagne

    So tacky, trying way too hard. And for shame.