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Richard W. Painter Profile picture
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27 Jan, 4 tweets, 2 min read
Big punishment for a bad boy. Goldman Sachs CEO only paid $17.5 million in annual compensation because a big scandal cost Goldman $3 billion.
Huh?
Should have been $0 and claw back of his $27 million from the previous year.

cnn.com/2021/01/26/bus…
"In Better Bankers, Better Banks, Claire A. Hill and Richard W. Painter ... [argue that] Bankers must be personally liable from their own assets for some portion of the bank’s losses from excessive risk-taking and illegal behavior."
Example: Goldman Sachs.
press.uchicago.edu/ucp/books/book…
2016 NYT coverage of Better Bankers, Better Bankers is here.
Hint: A $17.5 million annual CEO payout (down from $27 million) at Goldman Sachs because of a scandal that cost Goldman $3 billion doesn't cut it. Try $0 for both years.

nytimes.com/2016/02/07/bus…
Trump has left the White House, but his philosophy of law "Avoision" is alive and well on Wall Street and could destroy the economy ... again.
We need a cop on the beat.
Calling @ewarren ....
newsweek.com/how-trumps-phi…

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More from @RWPUSA

Richard W. Painter Profile picture
28 Jan
The federal Court Complaint Para. 50 states: "Professor Jackson cited studies showing that blacks are more likely than whites to hold anti-Semitic views. Jackson Aff. Ex. C at JACKSON000159."
A right wing racist lie, now filed in federal court in Texas.
insidehighered.com/news/2021/01/2…
This lawsuit supported by the right wing Foundation for Individual Rights in Education (FIRE) includes Texas lawyers sending "retraction" demand letters to music graduate students around the Country after they stood up for a Black professor attacked in a Texas based journal. Sad.
“It is time that Germans freed themselves from the illusion that all men and all nations are equal,” Heinrich Schenker wrote in the 1930's.
Warning: If you criticize that or Americans who support Schenker today you could get sued in Texas.
sum.cuny.edu/black-music-th…
Read 7 tweets
Richard W. Painter Profile picture
27 Jan
This wrong argument that Twitter and Facebook are state actors and can't suspend Trump is made by a businessman who is contemplating a GOP Senate run in Ohio and a law professor suspended from teaching for 2 years over sexual harassment. Pathetic.
foxnews.com/opinion/twitte…
Attack Twitter and Facebook for suspending Trump.
A great way to win over every insurrectionist in Ohio for your Senate run.
And the rest of the voters? Nope.
bizjournals.com/cincinnati/new…
If you can't challenge your own two-year suspension from teaching at Yale over sexual harassment allegations, spend the two years attacking Twitter and Facebook for suspending Donald Trump.
nytimes.com/2020/08/26/nyr…
Read 4 tweets
Richard W. Painter Profile picture
26 Jan
First time I’ve been blocked by a Harvard. law professor. I don’t remember commenting on his Twitter page but I did comment on my own. Vermeule obviously doesn’t want to debate with me his theories of “election fraud.”
No wonder the students are upset.
Over $65K in tuition at Harvard Law is a bit steep to be taught "alternative facts" about the 2020 election.
thecrimson.com/article/2021/1…
"Lol the election isn’t over until Team Joe fixes up your ballot for you,” Harvard Law Professor Adrian Vermeule wrote in a tweet according to the Harvard Crimson.
Vermeule can block me on Twitter but he can't explain that Tweet or his others attacking the election. Pathetic.
Read 4 tweets
Richard W. Painter Profile picture
25 Jan
The University of Minnesota Honors Program is less than 1% Black and lives in separate housing.
Our football coach makes millions and our University President $800K. K-12 education is vastly underfunded. Minnesota needs this amendment.

minneapolisfed.org/article/2020/a…
Inequity in Minnesota K-12 education spills over into the University. Highly paid administrators, almost all White, separate out undergraduates based on arbitrary admission statistics. The Honors Program with its own separate housing is less than 1% Black.
mndaily.com/207291/news/ct…
The President of the United States makes about $400,000 a year.
The President of the University of Minnesota makes about $800,000 a year.
Most K-12 teachers make under $50,000.
K-12 schools educate most people who elect the President of the United States.
Go figure.
Read 7 tweets
Richard W. Painter Profile picture
21 Jan
This is nonsense. Just because they are subject to some regulation by Congress, Google, Facebook and Twitter don't lose their First Amendment right to ban from their platforms racists, insurrectionists and persons who incite violence.
Google, Facebook and Twitter are private companies. Yale is a private university. All are regulated to some extent by the government. That does not mean Google, Facebook or Twitter need to allow the KKK on their platforms or that Yale must allow the KKK to have a rally on campus.
Yale also has the right to suspend from teaching professors who hit on students, giving them more time to write op-eds for the Wall Street Journal .....
Read 6 tweets
Richard W. Painter Profile picture
19 Jan
Fox News turns to a law professor suspended from his faculty for two years in connection with sexual harassment allegations to attack the First Amendment right of Twitter and Facebook to ban racists and insurrectionists from their platform.
Sad.
foxnews.com/opinion/twitte… #FoxNews
nytimes.com/2020/08/26/nyr…
The argument is that Twitter and Facebook lose their First Amendment rights because they function as an arm of the government. Is this really the Wall Street Journal? So much for free enterprise. Pathetic.
Read 4 tweets

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