Showing posts with label prostitutes. Show all posts
Showing posts with label prostitutes. Show all posts

Friday, February 6, 2009

Bank CEOs receiving TARP funds had spent corporate funds on prostitutes

Some bank CEOs, who are receiving tax payer bailouts, had previously demonstrated their fiduciary irresponsibility not only by advancing bad loans, but by using corporate credit cards to pay for prostitutes :

Wall street lawyers, investment bankers, CEOs and media executives often used corporate credit cards to pay for $2,000 an hour prostitutes, according to the madam who ran one of New York's biggest and most expensive escort services until it was busted last year.


Most of the posters over on the ABC website seem rather annoyed by this. However, there's a purported Libertarian post, asserting that only laws make criminals...in a lawless society, the jails would be empty...:

Another reminder that criminalizing certain forms of sexual contact, like criminalizing recreational drug use and gambling, spawns real criminality. End the idiotic, useless and hypocritical laws against prostitution, drugs and gambling and you put an end to much of the sort of activity that this article exposes.