Good to know I'm not the only one who thought the executives responsible for this debacle deserved not golden handshakes, but handcuffs, and to lose their assets under something like RICO - for gross negligence, at least, if not for larceny or fraud.
I also believe that before the politicians responsible for deregulating the banks ask taxpayers to foot the bill for rescuing these Ponzi schemers, they should set a good example by lending their own millions to the bail-out. It may only be a drop in the bucket, but at least they'd be leading by example for once.
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Date: 2008-09-25 01:11 pm (UTC)I also believe that before the politicians responsible for deregulating the banks ask taxpayers to foot the bill for rescuing these Ponzi schemers, they should set a good example by lending their own millions to the bail-out. It may only be a drop in the bucket, but at least they'd be leading by example for once.
Ok, end of rant. For now.