#finance
Bonuses for Bankers, Bills for the Rest of Us
#finance
Bonuses for Bankers, Bills for the Rest of Us
Politicians love to lecture the rest of us about making sacrifices while bankers are out there cashing in bonuses big enough to make you question reality. These are the same bankers who, not too long ago, nearly wrecked the global economy and had to be bailed out with taxpayer money. And what do they get in return? A fat bonus, of course, for doing such a stellar job of not sinking the system again this year. It’s like rewarding someone for not setting fire to your house after they just got out of rehab for arson. Meanwhile, the rest of us are trying to figure out how to afford rent, but hey, at least the bankers' yachts are looking good.
Royal-Linked Insider Trading Scandal Rocks Miami Mansion: Father and Son Sentenced
- Wednesday, 02 April 2025
Mauro Nannini, 64, and his son Federico, 26, pleaded guilty to insider trading, admitting to profiting over $1 million. The scheme involved Federico sharing confidential information with his brother-in-law Alejandro Thermiotis about MasTec's planned acquisition of Infrastructure and Energy Alternatives. Mauro and Thermiotis then bought shares at a lower price before the news became public. They were sentenced to prison, with Federico receiving six months, Mauro three months, and Thermiotis five months.
