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Today's Outrage: Stupid Bankers Never Learn

Stock quotes in this article: C , BAC , MS , RF  

Today's Outrage is published weekdays at 9:30 a.m. EDT and is available as an RSS feed.

How stupid are bank executives? Seriously, how dumb do you have to be to continue to flaunt your special perks, paid for at shareholder and taxpayer expense?

I'm talking about the executives at Citigroup (C Quote), Bank of America (BAC Quote), Morgan Stanley (MS Quote), Regions Financial (RF Quote) and other banks who continued to use corporate jets for apparently personal trips, according to a report in the Wall Street Journal, which reviewed Federal Aviation Administration flight records to uncover this dirty little secret.

I just don't understand why these bankers couldn't cool their jets for just a little while. ...

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