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Former bank president arrested, charged with stealing bailout funds

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cory777 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-16-10 02:02 AM
Original message
Former bank president arrested, charged with stealing bailout funds
Source: AP

By The Associated Press
Monday, March 15th, 2010

The former president of a small Manhattan community bank on Monday became the first person accused of trying to defraud the federal bailout program.

Prosecutors also contend that Charles Antonucci Sr., stole so he could live a lavish lifestyle that included a Super Bowl junket.

Read more: http://rawstory.com/2010/03/bank-president-arrested-charged-stealing-bailout-funds/
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Wilms Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-16-10 03:13 AM
Response to Original message
1. In other news, banks report record profits, record bonuses, and increased donations to Repuklikans.
:shrug:
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TheWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-16-10 03:29 AM
Response to Original message
2. Ah, yes, a small little fish gets caught and thrown under the bus. See Sheep? The System WORKS!!!
Edited on Tue Mar-16-10 03:29 AM by TheWatcher
This is likely an "isolated incident", as a result of a "bad seed".

And NOTHING like this could be going on with Citi, JPM, or BOA.

Those guys NEVER do anything wrong or outside the Law.

:eyes:
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naaman fletcher Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-16-10 06:50 AM
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3. It's not much different than BOA did. nt.
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-16-10 06:59 AM
Response to Original message
4. He kind of looks like Lewis Black, if Lewis Black had gotten into drugs instead of comedy.
Edited on Tue Mar-16-10 07:00 AM by Ian David





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rasputin1952 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-16-10 08:22 AM
Response to Original message
5. No surprise here...
That's one...out of how many...50/100/500?
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