Hypocrite Feb22


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Nobody likes a hypocrite and the worse kind of hypocrite is the type that pretends to be an altruistic one.

Nothing rankles Americans like catching a teacher, coach or pastor pretending to be one of the good guys when they get caught living in opposition to the values they preach.

It is dumbfounding why no major media outlet has called out Matt Damon for receiving big bucks for his recent endorsement of TD Ameritrade.  Endorsement actually might be too light a word,  Damon is actually the voice of TD Ameritrade…see http://www.reuters.com/article/2012/01/09/us-mattdamon-tdameritrade-idUSTRE8081Q120120109

This is the same Matt Damon who narrated the Oscar winning documentary  “Inside Job” which very accurately exposed the mortgage securitization fraud spawned by the Wall Street insiders that caused a financial meltdown in 2008.

Like the big abusive firms in the documentary who were caught abusing their customers to make billions of dollars… Ameritrade is one of the brokerage firms who were caught lying to their customers and who settled with the federal government for $465 million dollars for “”Misrepresenting auction-rate securities as liquid, short-term investments,” see http://money.cnn.com/2009/07/20/news/companies/Schwab_TD_securities_investigation/index.htm?postversion=2009072014  and http://online.wsj.com/article/SB10001424052748703545604575407211633691400.html

So how does a guy who criticizes the big banks end up becoming the mouth piece for one?   One can only imagine how excited the crème de la crème at Ameritrade must have been licking their chops over converting the mouthpiece that criticized and condemned the financial services industry into making him one of their own.

Chalk another one up for the big boys on Wall Street, seems like another investment that paid off.