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Friday, April 15, 2011

'State Street Bank: $885 Million Tax Refund Sparks Boston Protest'

this shit has got to end............i would not want to be a banker when the shit hits the fan......from bloomberg...........


"An expected $885 million tax refund for State Street Corp. (STT), the third-largest custody bank, helped spark a protest against big banks in downtown Boston that drew about 400 people yesterday.
“Corporations like State Street paying zip despite $1.56 billion in profit is beyond an outrage,” Rich Rogers, executive secretary of the Greater Boston Labor Council, said in an e- mailed statement before the demonstration. “It’s exactly the kind of corporate greed that is bleeding our communities dry.”.....................read it here

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