Matt Bors
Comics, Politics & Ridicule

Don’t Call It A Bonus

The Co-President of the bailed out Morgan-Stanley says the cash he gives out to employees is not a “bonus” but a “retention award.” Democrats call their greed obscene but can’t manage to put a $500,000 cap on a welfare CEO’s salary.

Bankers are pretty clever with inventing ridiculous terms and complicated math to convert worthless garbage into gold. They managed to bundle a bunch of sub-prime mortgages into AAA rated securities and convince investors to buy them. Now we’re emptying out the Treasury to save their criminally reckless asses.

Special thanks to Kevin Moore for advising me to tighten the premise of the comic when I showed him the original version. He’s the reason it is mediocre instead of a complete disaster.

02.16.2009 |