Financial Giants Put New York City Cops On Their Payroll
Submitted on October 11, 2011
By PAM MARTENS - Counterpunch
If you’re a Wall Street behemoth, there are endless opportunities to privatize profits and socialize losses beyond collecting trillions of dollars in bailouts from taxpayers. One of the ingenious methods...[is] called the Paid Detail Unit and it allows the New York Stock Exchange and Wall Street corporations...to order up a flank of New York’s finest...The corporations pay an average of $37 an hour...for a member of the NYPD, with gun, handcuffs and the ability to arrest.
