TMZ reported:
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.
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.
If this is supposed to be stimulus, what about the former employees?
NBC-LA reports:
If all that makes your blood boil, imagine how the 450 workers who were laid off in December feel. With 4 percent of its workforce now out of work, the bank wouldn't give a bottom-line total for the LA golf junket, but in a written statement it confirmed that it had "participated in" the federal bailout as "a healthy bank."
Let's not forget President Obama's altogether shady connections to Northern Trust. Surprisingly, Bill Ayers, Tony Rezko and Rev. Wright are involved!
However, in another revelation by pseudononymous writer Richard Henry Lee, posted July 7, 2008, at American Thinker, we learn that it may have been through Obama’s relationship with domestic terrorist and long-term Obama acquaintance, Weather Underground leader William Ayers that Obama first made the connection:
Barack Obama served on the board of directors of Woods Fund of Chicago from 1993 to 2001. During that time, the tax exempt foundation made some interesting grants, including one to Obama’s church, Trinity United Church of Christ, headed by Rev. Jeremiah Wright at the time. Grants were also made to ACORN, a left wing voter registration group and to a partnership for constructing low income housing. The fund also used Northern Trust for financial services, which is the same company that provided Obama his 2005 mortgage.
Anybody think Obama can be trusted?
I never thought Obama could be trusted. His connections are more than questionable and his Socialistic tendencies leave me cold. America made a BIG mistake and now we ALL have to pay for the Obama disciples votes.
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