Wall Street's Year In Gaffes: Susan Antilla

Bloomberg:

The year opened with Sandy Weill whining in a New York Times article that he was horrified to be depicted as a greedy, out of touch Wall Streeter for jetting to Cabo on the Citigroup plane weeks after the bank took a $45 billion taxpayer bailout.

Read the whole story: Bloomberg

Comments

[hamsteronwheel]

09:35 AM on 01/03/2011

we are all hamsters on neocon "financial­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­l­­­­y engineered­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­" wheels...

small wonder our economy is decimated.­­.. how many Trillions in Toxic Derivative­­s were "innovated­­/fabricat­e­d" out of thin air? how many Trillions in Toxic Derivative­s Still sit on the zombie banks books while goldman wallows in siphoned cash? how many Trillions did neocons personally pocket for offshore tax hidden UBS accounts or to invest in China further decimating the US?

treasonous traitors.

then magic, presto, amazing, neocons are they only ones FLUSH with Trillions to buy up the assets THEY destroyed for fractions of pennies on the dollar. it's a never ending cycle that most are too buried in endless middle and lower class serfdom to see.

we have had the biggest wall street bonuses ever during this neocon "financial­­­­­­­­­­­­­­­­­­l­y engineered­­­­­­­­­­­­­­­­­­" 2nd Great Depression­.

madoff was just the tip of the "financial­­­­­­­­­­­­­­­­­­­­­­­l­­y engineered­­­­­­­­­­­­­­­­­­­­­­­" iceberg, acceptable collateral damage, and a token sacrifice.

[Matt12]

09:42 PM on 01/02/2011

One day a year, there's a chance for repentance along with a little food abstinence and presto: all renewd to begin anew! vat a life, no?

[Matt12]

09:37 PM on 01/02/2011

On day a year, there's a chance for repentance along with a little food abstinence and presto: all renewd to begin anew! vat a life, no?

[CPAwADD]

08:52 PM on 01/02/2011

Engaging in all seven deadly sins preferably at once is like hitting for the cycle for the Wall Street types. Something to be noted as an accomplishment.

[rainkitty]

04:02 PM on 12/31/2010

Greedy Bankers Are Like Coke Fiends
"It would be wonderful if the people responsible for the financial crisis learned lessons from the worldwide havoc and suffering they helped to prompt. Don't hold your breath. By using magnetic resonance imaging studies, the Harvard researcher Hans Breiter and his colleagues have found that the craving for money activates the same regions of the brain as the craving for cocaine...
In the absence of intimate connections to others, or deeply held values, or work devoted to a cause beyond themselves, accumulating wealth becomes the only way these bankers have to try to infuse their lives with meaning, significance and satisfaction.
It's a pattern that helps explain why Angelo Mozilo, then CEO of Countrywide, would allow his employees to write tens of thousands of home mortgages he knew were likely to default, while selling off his shares in the company as fast as he could, before their inevitable crash."
http://www.alternet.org/economy/148749/greedy_bankers_are_like_coke_fiends/

[abbyrose86]

05:14 PM on 12/30/2010

AND these people are our "best and brightest"...yeah...they really are exceptional...but not in a good way.

[ErnestineBass]

10:40 AM on 12/30/2010

Perhaps we should amend that list and add stupidity as the eighth "sin".

The recepient of that one would have to be CNBC and its parent company, GE/Universal, for keeping that hyperactive conman Jim Cramer on the air.