Monday, September 15, 2008

Street Meltdown

Black Monday just came in time to remind the presidential candidates that though lipstick, pig and lipstick on pig, are mostly fun, it's always about the economy. Let's get back to issues that we care most and affects us most.

I don't know how those executives can run those seemingly unfailing institutions into the ground.

3 comments:

  1. Anonymous9:00 PM

    I told you so!
    It is a disaster waiting to happen, and it has happened.

    ReplyDelete
  2. Wall Street is supposed to have the brightest minds and look what happened. What happened? These people ran the greatest financial institutions on Earth into the ground. How did it even happen? It is really outrageous. What about governmental oversight? It's people's money, it's the financial infrastructure of the world. This is just major. It also shows how bull SOX compliance is. The SOX simply doesn't address the problems, outrageous compensation package, fantasy financial instruments, fantasy valuations....
    I know I am no expert in this whole mess, so if you know anything, please share your insider insight to these whole fiasco.

    ReplyDelete
  3. those smart guys like Professor Da Vinci got the big bonus and played my money for fun, WTF, I lost a Rolex today

    ReplyDelete

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