Those guys went to jail. Let me know when you can say the same about Corzine or any of the other banksters in bed with the Fed.
>Those guys went to jail. Let me know when you can say the same about Corzine or any of the other banksters in bed with the Fed.
Even more to the point, those companies went bye bye, and their shareholders were made to feel the pain. Many of those making the decisions were vested shareholders and felt direct pain for the mistakes they made.
I’d love to see when any bureaucrat or politician actually pays for the miserable failures they engender. This is especially true in the case of politicians since they have a knack for creating situations where you don’t see the damage done for a couple of election cycles. Think about Max Baucus who will retire with laudatory platitudes when in fact he’s done a mountain of damage with his party line votes.