F*ck A Corporate Thug – We Want Our Money Back Suckas!!

Posted on February 24th, 2009 - By Bossip Staff

Categories: F*ck a Thug, News, out of pocket

Posted by Bossip Staff

Northern Trust

We thought you may want to know where some of your hard earned tax money is going these days:

A bank that received $1.6 billion in bailout money just spent a fortune last week in L.A. hosting a series of lavish parties and concerts with famous singers … and TMZ cameras caught it all.Northern Trust, a Chicago-based bank, sponsored the Northern Trust Open at the Riviera Country Club in L.A. We’re told Northern Trust paid millions to sponsor the PGA event which ended Sunday, but what happened off the golf course is even more shocking.

Northern Trust flew hundreds of clients and employees to L.A. and put many of them up at some of the fanciest and priciest hotels in the city. We’re told more than a hundred people were put up at the Beverly Wilshire in Bev Hills, and another hundred stayed at the Loews Santa Monica Beach Hotel. Still more stayed at the Ritz Carlton in Marina Del Rey and others at Casa Del Mar in Santa Monica.

- Wednesday, Northern Trust hosted a fancy dinner at the Ritz followed by a performance by the group Chicago.

- Thursday, Northern Trust rented a private hangar at the Santa Monica Airport for dinner, followed by a performance by Earth, Wind & Fire.

- Saturday, Northern Trust had the entire House of Blues in West Hollywood shut down for its private party. We got the menu — guests dined on seared salmon and petite Angus filet. Dinner was followed by a performance by none other than Sheryl Crow.

There was also a fabulous cocktail party at the Loews. And how’s this for a nice touch: Female guests at the Chicago concert all got trinkets from … TIFFANY AND CO.

As for what all that costs: Well, the company isn’t talking. We spoke with a rep from the band Chicago who said Northern Trust paid them around $100,000. A House of Blues source told us it cost more than $50,000 to close the joint down last Saturday night. As for Sheryl Crow’s fee, her rep didn’t get back to us. Earth, Wind & Fire acknowledges payment but won’t say how much.

WTF?? Our tax money is being circulated to help the rich get richer, as well as tore up and pampered? Damn dat bullshyte. We want to see heads roll for this abuse of power. Click here for more disgusting details.

bail-out bullsh*t

  • Marquis de Sade

    First?

  • told you so

    as a tax payerm i’m pissed i didn’t get an invite.

  • leogame3

    Whoosh

  • leogame3

    @Marquis de Sade
    Damn! U working @ bossip?

  • hello goodbye

    they need to cut that shit out..im over herestruggling yo pay for college & they spending money like that?

  • Marquis de Sade

    leogame3

    LOL! Naw man, I guess that assertiveness/punctuality training class I took, is starting to payoff.

  • hello goodbye

    they need to cut that shit out..im over here struggling to pay for college & they spending money like that?

  • leogame3

    Marquis de Sade
    ya I see its paying-off now, But Imma still try to be Number1

  • Marquis de Sade

    leogame3

    Keep hope alive!

  • http://youtube.com/eddiedollars eddiedollars215

    @Dirty Harriet… did you vote for Obama…?

  • So Sad!!!

    @ eddiedollars215

    Um…Barack didnt pass that package you jackass…it was good ol bush that signed that shit. Now our man Barack has to sort through Bush’s pile of bullshit! Bush gave all that money to his boys before he signed out!!

  • krissy

    All I can say is if they keep this ish up, people will get outta pocket soon, like somebody said, i got college to pay for, along with loans….although I voted for Obama, I know that they all are in it together for the money and really don’t give a damn about the people…it’s sad but it’s the truth, the only people who can change is us and if we want it to happen, we can not let stuff like this occur…we must speak out and let our voice be heard…”Power to the People:)”

  • http://youtube.com/eddiedollars eddiedollars215

    @So Sad… you are an IDIOT… no shit Bush signed it into legislation… AND WHO WAS THE MAIN CHEERLEADER… OBAMA… did Barack the Sock Puppet vote for it…? YES… ok… shut up… thats how stupid you idiots are… you think that because I oppose Barack the Sock Puppet… that somehow means I support the puppets on the other side… you probably don’t even know who your state reps are… quit trying to act like you have a clue…

  • Dirty Harriet (Get all up in yo ass like a Enema)

    @eddiedollars215:

    Yeah, I voted for him. And this was because of a few things. Him being black was like number 3. Mostly because the competition didnt look all that appealing especially when a “soccer mom” was trying to pull in the reigns on becoming the first female VP when she couldnt even tell Katie Couric (or was is Meredith Vierra?) which foreign policies she disagreed with. Or which newspaper she read recently..and her answer was “all of them”.

    I mean, wouldnt you know. Democrat and Chronicle for me.

    Anywho…..that seems a little light, but I dont want to get all into it. But, yeah I did vote for Obama with the same thought of a republican being in office. They are all out for the same agenda.

    I think we as African-Americans were happy because now we could tell our kids that they can be anything they want to be, as well as give reason as to why our ancestors died and what they fought for. For this day to come.

    But still, I smell fish…..and my twat is always clean. :)

  • Dirty Harriet (Get all up in yo ass like a Enema)

    @eddiedollars215:

    Hahahahaha @ your comment to SoSad. You’re right though.

    This is why I dont talk ABOUT Barack around too many black people because they are just hung up on the fact that he is black. Thats it.

    There is more than meets the eye.

  • jb_1030

    If I was Obama, I would be like you mofos ain’t getting another got damn dime out of this government. Let them fail. Let the executives look like the brothers from Coming to Amercica livign ont eh street begging for money. it will not stop until someone steps up and is like enough is enough. No you aren’t getting it. If youfail you can look inteh mirro and blame yourself and point that finger at yourself.

    That is why I took my money out of Wachovia and Bank of America. Neither will get another dime of my money. Cash people Cash. Put your money in a credit union. Keep your money in your mattress.

    A friend of mine just got a notice from Capital One that they are raising her interest rate from 19% to 29%. SHehas never been late and alwasy pays more than the minimum. But this is the best part, if she doesn’t accept the new term they will close her account and have her remaining balance at 29% anyways. The rich getting richer.

  • jb_1030

    @ Dirty Harriet (Get all up in yo ass like a Enema)

    We should be using Obama as the reason we tellkids they can be anything they want to be. We should be telling them they can be anything they want to be because they have to potential to be. If he didn’t get elected does that mean they can’t be anythign they want to be.

    Before I ever heard his name, I was telling kids whatever dream tehy have, it can be acheived with hard work and dedication to that dream. Thant was like Beyonce saying that Obama makes me want to be smarter, she should just want to be smarter because she wants to be smarter. Do better becasue you are tired of where you are and what you have.

  • jb_1030

    OOps I meant should not

  • Common Sense

    Ok I don’t agree with the stimulas but do you realize what would happen if these banks didn’t get the money…

    No Loans to small companies = companies can’t pay salaries = more layoffs = more defaults on loans and mortgages, rewind

    it’s a catch 22…either way we’re screwed, but I voted for Barrack becuase I believed he was sincere about change…and I still believe he’s sincere. He just had no idea wtf he volunteered for.

  • Inner Beauty Movement

    I can relate to anger I’ve been angry a few times myself. This might be why bank robberies are on the rise. Just remember YOU get 20-Life and investment bankers get a RAISE.

  • Dirty Harriet (Get all up in yo ass like a Enema)

    @jb_1030:

    You’re most definitely right about that. Which was my same question if Obama only serves 4 years and is not re-elected.

    I think him being elected was like crossing over a invisible barrier that was: race. We knew it was there. Other minorities knew it was there. But white people didnt; which is why they couldnt understand why there were people crying at his inaugration (sp?)

    I agree with you though. Our kids should be told they can be anything (and they can). There are no excuses or hand-outs in this world. The most expensive thing is something that is free.

  • tg

    Well they should throw the CEO, etc. in jail for frauding the Goverment – like they do anybody else who uses Gov’t money on their own personal entertainment, etc. It’s not hard for me. If the country didn’t live by so many double standards – people like them could be held accountable.

  • Theory of Truth

    @ JB_1030

    If I was Obama, I would be like you mofos ain’t getting another got damn dime out of this government. Let them fail. Let the executives look like the brothers from Coming to Amercica livign ont eh street begging for money. it will not stop until someone steps up and is like enough is enough. No you aren’t getting it. If youfail you can look inteh mirro and blame yourself and point that finger at yourself.

    That is why I took my money out of Wachovia and Bank of America. Neither will get another dime of my money. Cash people Cash. Put your money in a credit union. Keep your money in your mattress.

    $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

    I second that!

  • Lady Architect

    SMH…seems like everybody from the major banks to to people running the stock market are getting caught celebrating with the money they begged for. GM, Chrysler, and Ford also received a bailout and now they are crying for more. Why are we suddenly having all these problems?Too many of these big wigs stashing money, stealing, not paying taxes etc. Ridiculous that it falls on the American people like this.

  • jb_1030

    @ Lady A

    Then they want to go missing or commit suicide instead of paying up. Bernie Madoff is still livign in his penthouse while people he stole from who are 70, 80 years old are going back to work. But the courts dont wan to put him in jail yet. How about we put him in general population?

  • Dirty Harriet (Get all up in yo ass like a Enema)

    @Lady Architect:

    For real…..and let me NOT pay my car payment or my rent. Guess whose -a-knockin’ at my door?

    The repo man and the Marshall.

    Why cant I get away with something like that when we are watching America being burgularized right in front of our eyes.

  • DATPHILYGIRL

    Some things are pre-planed……

  • Don’t Be Fooled People

    finally bossip puts up some relevant news.

  • http://www.myspace.com/jdubbthayounghectic j-dubb

    i just told my sister that i aint never opening a bank account. i had one a few years back and they took the last 50 dollars i had saying i needed to keep 250 in or they are obligated to deduct my shit for fees. after that i knew banks was bullshit. my friend’s father worked at a company for 35 years and lost all his retirement money. america been lying to us from one day

  • Lady Architect

    jb_1030,
    Yeh that’s crazy. Lol @ general population. You know he will get a special cell.

    Dirty Harriet (Get all up in yo ass like a Enema),
    I feel you. You see how many politicians they are catching for not paying taxes. Some of them owe over 100,000.

  • jb_1030

    Lady A
    He will be in a minimum security retreat with spa and beach front dorms. While Ronald Isley and Wesley Snipes are going to the big house for not paying taxes. I guess if you defraud people and have them lose everything is not as bad as not paying taxes.

  • ysr

    yawn… this seems to happen all the time… SMH

  • Sha

    @ eddiedollars & dirtyharriet: STFU bout that Obama’s a puppet shit. If it bothers you so much, why don’t ya’ll go protest on a street corner or somethin’? Better yet, answer this question instead of soundin’ like dumb ass radicals: Do you think that there was another solution other than the bailout? Yes it has its flaws (there are pros and cons to everything) but until you realize that the banks don’t care about ANYBODY but their selves, STFU. Act like you know! The banks ARE evil. They been doin’ shit like this way before Obama’s presidency. This bank just happened to have gotten caught.

    On a sidenote: @ Theory of Truth: CO-SIGN 100%

  • http://signoftimes@msn.org mild sauce part of the sauce family tradition

    yeah where is all the white folks talking shyt about blacks .. talk about these money grubbing thieves!!!

  • http://signoftimes@msn.org mild sauce part of the sauce family tradition

    Like they say put your damn money under your mattress and guard it like a swat team.. fuc8 a bank they are the biggest thieves in the world or either spend the damn hell out of it and fuc* that investing bullcrap// you see what happen to investors , the mo fo’s bilked them out of all kinds of money and the mo fo was living high on the hog off of your money!!

  • Yvonne

    All the corporation heads and banks are not about to change their style of living which is why most of them don’t want to give an accounting on how they will spend their share of the bailout money.

    They have being doing this for centuries and are not about to stop now. IMO, if they are ordered to give an accounting they have lawyers, etc on retainer who can draw up a bunch of legal looking phony papers to present to the court or whoever they report to AND will get away with it.

    This is nothing new to them it’s just new to us.

  • DR.FUNK

    It is pathetic.That being said…our president voted for the bailout.

  • c from stl

    this is really really sad. this type of stuff makes me want to move out of this country. the fact that it goes on without any recourse is what really makes me heated…

  • Lady Architect

    lIKE SOMEONE SAID EARLIER, WE DO NEED THE BANKS AND BECAUSE THEY KNOW WE DO, THEY WILL KEEP TAKING ADVANTAGE OF THE SYSTEM MAKING TAXPAYERS PAY MORE. IN ALL HONESTY THE AMOUNT OF TAXES YOU PAY, IS ACTUALLY PAYING THE LOANS YOU ASK FOR. SO ITS LIKE YOUR PAYING FOR YOUR OWN LOAN THROUGH TAXES, PLUS YOUR PAYING IT BACK WITH YOUR MONTHLY PAYMENTS ALONG WITH YOUR INTEREST. THIS IS WHY BANKS HAVE ALL THAT EXTRA MONEY. WHAT OBAMA NEEDS TO DO IS MONITOR AND REDEFINE THE BANKING SYSTEM, FIRE AND ARREST THE CEO’S, MOVE THE LITTLE GUYS UP, AND HIRE NEW ACCOUNTANTS STRAIGHT FROM COLLEGE WHO DON’T HAVE A JOB DUE TO THIS ECONOMY. I THINK THAT WOULD BE A GOOD START.

  • jb_1030

    I just got this off of another site. At least Congress is finally getting tired of this mess.

    Congressman Barney Frank just told TMZ he is sending a letter to Northern Trust, demanding that the bank pay the government the equivalent of what it spent last week on lavish parties and concerts in L.A.

    Frank, Chairman of the House Committee on Financial Services, is sending the letter on behalf of the Committee.

    Frank is also asking Northern Trust to return the $1.6 billion in bailout money to the government. Northern Trust didn’t ask for the money when Former Treasury Secretary Henry Paulson doled it out. The new law actually allows banks that didn’t need the money to return it.

    Frank also scoffed at the boondoggle, saying Northern Trust should have spent that money making loans and stimulating the economy. He called the Northern Trust Open an “ego thing” that has nothing to do with good business.

    Senator John Kerry also weighed in on TMZ’s story, calling Northern Trust’s L.A. extravaganza “disgusting and stupid
    and pathetic.”

    UPDATE: Congressman Stephen F. Lynch has just agreed to sign Barney Frank’s letter.

    Congressman Bill Foster says he’s “appalled and angered at the behavior of Northern Trust executives,” adding “the bank should return what they spent on this junket…”

    See what other congresspeople have to say… after the jump

  • Black.Woman

    This is newsworthy. I want Obama to make everyone who abused the original bailout money to give it back with interest, or go to jail.

  • This is NOT a test!

    AMEN Lady Architect!! I’ve been thinking the same. Fire these old crooks and bring in NEW BLOOD!! This is sooooo upsetting. I feel helpless cause at the end of the day these people will find a way to get away w/ their crimes. Rich people in this country can do NO wrong. especially f you’re white. I voted for Obama but like someone else said earlier I do so more or less b/c the competition was soo weak. He was seriously the lessor evil. I dont think he will address this public abuse of funds and power and if he does then he really has BALLS!!

  • This is NOT a test!

    Lets see if Bill O’riley will have anything to say about this. Someone should produce a show about all these greedy execs and ceos scamming tax payers. There should be paparazzi harassing these evil bastards.

  • Mean Gurl (Tuesday Blahs!!)

    Ok, we put our money in the banks, the banks take our money and invest in stocks and shares, then charges us interest to pay for keeping our money in their banks, and then takes our hard earned money and go partying with it????

  • Joline

    Life needs passion.

    ___MillionaireLoving co m_____ is a private exclusive dating club to meet m illion aires, rich and beautiful men and women worldwide. Find your perfect match easier and more effective!

  • Fresh Prince

    This be da firm dat George W Bush put all uh his money into wit a blind trust back wenn he 1st tuuk offyce. Belee’dat

  • Former Hater

    @this is not a test!

    GREAT IDEA…LETS DO IT! I HAVE A CAMERA A CAMERA PHONE AND A VIDEO RECORDER. I’d turn my gas guzzling suv into the SHARK MOBILE… We need a good lawyer and a network. Let’s get Madoff then we’ll get all the crooked preachers, teachers, stalkers and investment bankers. We’d take our show on the road baby! I love the idea.

  • This is NOT a test!

    @Former

    LOL

    i’m in babe.. glad u feel me.

  • I iUv hIp HoP

    lol @ tore up and pampered

    BOSSIP…SMH

    lmao

  • MOCA81

    YOU PEOPLE KILL ME(HATER TALKING ABOUT OBAMA)YA’LL JUST WAITING FOR A DOWNFALL IT HASN’T EVEN BEEN 100 DAYS YOU YA’LL FINDING THE PETTIEST THINGS TO POINT OUT….WHERE WAS ALL THIS WHEN BUSH WAS IT OFFICE …..WAIT FOR IT….WAIT FOR IT….FOR 4 EIGHT DAMN YEARS IT’S HIS ASS WHERE IN THIS PILE OF SHIT PERIOD THAT BASTARD JUST ADMITTED WE WERE IN RECESSION IN DEC 2008. HE LIED,STOLE AND CHEATED HIS WAY TO WHITE HOUSE AND DROVE US SO FAR DEEP IN DEBT IT’LL BE YEARS BEFORE WE GET OUT. LET’S TALK ABOUT THE FACT HE TOOK OUR FAMILIES AND FRIENDS LIFE FOR NO REASON- OF EXCUSE ME FOR HIS OWN GREED AND ENTERTAINMENT. YOU WANT TO MAKE IT A BLACK/WHITE ISSUE IT WAS THE WHITE MAN WHO PUT US IN THIS MESS TO BEGIN WITH CHECK THE HISTORY. AND NOW IT’S GOING TO TAKE A BLACK MAN TO GET US OUT. AND AS FAR AS THE BAILOUT MONEY OOHHH BELIEVE ME WHEN I SAY THIS BARACK WILL GET IN THEIR ASSES ABOUT THIS HE EXPECTED THEM TO TO HANDLE THEIR BUSINESS WITH THIS MONEY AND THEY DIDN’T JUST SIT BACK AND WAIT FOR PART 2 OF NONE SENSE BARACK WILL GET IN THEIR ASS……BUT MY QUESTION TO EVERYONE WHO TRYING TO DOWN TALK OUR PRESIDENT WHERE WAS ALL THIS WHEN BUSH DID NOTHING WHEN HE PASSED THE FIRST STIMULUS AND THEY BANKS SPENT MILLIONS ON LAVISH TRIPS AND COPORATE BONUSES AND WHEN HE FOUND OUT ABOUT IT HE DID ABSOLUTELY NOTHING????? YOU WANT TO TALK ABOUT SOMETHING TALK ABOUT THAT!!

  • About it

    @Inner Beauty: very well said
    @Bossip: this is the issue, props to y’all for the discussion and callin’ it what it is: corporate thuggery!!

  • MOCA81

    REGGIE REG– SUCH HOSTILITY IN YOUR WRITING FOR WHAT? IS IT REALLY THAT DEEP? YOU ARE THE EPITOME OF IGNORANCE. YOU ARE THE TYPE OF PERSON WHOM BELIEVE EVERYTHING YOU READ…..WELL SON I HEAR TO TELL YOU EVERYTHING YOU READ OR HEAR IS NOT TRUE THAT WHY YOU MUST AGAIN DO YOUR OWN RELEVANT RESEARCH AND STILL NOT ONE THING YOU SAID IS. WHAT I AM NOT GOING TO DO IS GO BACK AND FORTH WITH YOU WITH THE NAME CALLING IF YOU DISAGREE WITH ME THAT’S FINE TO SAY THAT. BUT YOU ARE JUST AN IGNORANT PERSON YOU SPEAK IT AND WRITE. I’M JUST GOING TO LEAVE IT AT THAT BECAUSE EVERYTHING ELSE SPEAKS FOR ITS SELF….ALSO YOU CONTINUE TO USE THE WORD NIGGAS OR HOWEVER YOU MAY WISH TO SAY IT AND THE DEFINITION OF THAT IS AN IGNORANT PERSON-(WHICH REFLECTS THE PERSON WHOM IS SAYING IT) PLEASE FEEL FREE TO CHECK THE REFERENCE ON THAT!!! THE ONLY PERSON WHOM USES THAT IS AN IGNORANT PERSON WHICH YOU HAVE DISPLAYED TO ME AND EVERYONE ELSE YOU WILL/HAVE READ YOU IRRELEVANT/SENSELESS COMMENT. ANY WHO YOU HAVE ENTERTAINED ME LONG ENOUGH SO I’M GOING TO END THIS MOCKERY OF A CONVERSATION OR EXCUSE ME REPLY…..SO YOU MY FRIEND HAVE A WONDERFUL DAY AND REMEMBER KNOWLEDGE IS A POWERFUL THING AND HERE’S AN FYI IT WOULD BE WISE TO WORK ON YOUR ANGER ISSUES BECAUSE WHEN YOUR ANGRY IT REALLY DISPLAYS YOUR IGNORANCE!!!

  • B

    well said moca81. and i so agree with you

  • reggie reg

    Yeah. At least I read. The word Ignorant means that one doesnt know. I learn through, reading.

    I’m angry, but you’re typing in caps.

    Dumbass.

    (sigh)…niggas.

  • reggie reg

    By the way, MOCA81, since you so against reading and believing what you read, ummm…if one does ones own research, as you so eloquently stated it wont that involve some…(gasp)…reading?

    Seriously, how dumb are you?

    (sigh)…niggas

blog comments powered by Disqus