Bankers Used Corporate Credit Cards on Prostitutes

In a pathetic example of the sorry state of affairs that our financial industry is in, New York Madam Kristin Davis has gone public with a who's-who list of investment bankers and real estate magnates who used their corporate credit cards to pay for prostitutes.

THE CULPRITS INCLUDE

• The CEO of one of the country's largest private equity firms

• A major New York real estate developer who, according to the list, "will come to the door wearing women's panties," and who spent nearly $100,000

• A partner at the Wall Street law firm Cravath Swaine Moore who spent a total of $20,000

• An investment banker from Lehman Brothers

• An investment banker at JP Morgan Securities who spent $41,600

• An investment banker at Goldman Sachs who spent $27,000

• A managing director from Merrill Lynch

• A managing director from Deutsche Bank

Shockingly enough, the New York district attorney is not pursuing any of these executives. In light of the billions upon billions of dollars that tax payers are currently injecting into these companies in the form of federal bailouts, this is quite insulting. Watch the video on ABC.com.