The Night Gallery World of Corporate America and the Banking Industry

The news just keeps getting "stranger" with each dayblatant "me and not you" attitudes. If you did not want
that passes. Citizens are urged to "make sacrifices"the money Northern Trust, then return it, and ask your
and tighten their belts, and government officialsguests to pay the tab, and not the American people.
promise that saving the economy will take the work ofYou could have made corporate contacts at a much
everyone. It seems that banks and Wall Street feelless lavish scandal then the one you flaunted in the
that they are not part of "everyone."face of the nation. So if the American people point
When a bank such as Northern Trust, or Wells Fargotheir fingers, it should be at corporate America and the
accepts tax-payer bailout funds, then they have joinedbanking industry. There has never been in the history
the ranks of "everyone." Outrageous expenses onof America such a significant gap between those who
parties, lavish foods, highest priced hotelhave and those who have not, and especially in those
accomodations, and entertaining that ordinary peoplewho take and those who have to give.
just can't afford seems to scream out "We don't careTaxpayers do not have a choice, they have to pay
what you do without, because we don't have to dotheir taxes or face the penalties. Corporate and
without anything." Northern Trust stated that they didBanking CEO's do have a choice, as does the
not ask for the bailout funds. I cannot imagine anautomobile industry. If GM buckled down, used
armored truck pulling up to Northern Trust's door,common sense and tried to appease its customers
bandishing weapons and demanding that the safe beinstead of its investors, I can assure you that the
opened so that they could pour the billions of dollarseconomy would not be the straits it is now in and it
into the coffers. It is more of a stretch of thewould not be costing in the trillions. It should be the
imagination than Night Gallery. If it was a hostageAmerican people who celebrate when greedy
situation where bank CEO's were held against their willcorporations, whether Northern Trust, Bank of
and the money stuffed into their pockets byAmerica, Citi-groups, or Chrysler face the taskmaster
government agents, then I could understand theirand pay up, shut up, or give up their opulent lifestyles.
dilemna. This did not nor has it ever happened. TheirAfter all, it seems that with the lack of business sense
open hands took the money and decided that now itdisplayed so far, there is a lack of education and
was "party time."quality among the CEO's of this nation. It is time to start
If the Obama administration could do one thing while incleaning house and dispose of the "malfunctioning",
office, it should be to make it plain, simple, andbroken, and inadequate leadership in the business
mandatory that banking and Wall Street "higher ups"world. If they were in the private sector, they would be
do not make fools out of the American taxpayers, andthe first to be let go for inefficiency, non-productivity,
that they share in the misery that they have created.and corporate theft. They stole the peace of mind, and
There is a lot of finger pointing, but one thing is for sure.the lifestyle of the everyday tax paying man, and
It did not happen overnight, it did not happen sincewoman and should be dealt with swiftly and forcefully.
January 20, 2009 when President Obama took office,An uncontrolled child is disciplined and an uncontrolled
and it did not happen because of the expertise ofadult is just not acceptable. Something to think about.
these highly educated and valued employees. It©Arleen M.
happened because of greed, stupidity and down right