Originally Posted by
DeadHead
These Corrupt Officials and Mangers are a by product of our federal government. If you live in a neighborhood of thieves, don't be surprised to find your things stolen after leaving your door wide open.
In an ideal world, you could probably expect that Big Industry/Corporation would be ethically run, but we don't live in that world.
America is run by Corporation, and many hard working Americans, but you can't solely blame Big Corporation.
Don't get me wrong these Dirty CEOs, Hedge Fund Managers, Speculators, Brokers, and Investment Firms are garbage, but we created the atmosphere that allowed these individuals to exploit the system. It's to our federal government to change the system so these people can't further harm our economy.
Problem is, too many government officials have been in bed with these people for a VERY long time.
Nobody likes to bite the hand that feeds them, and as long Corrupt Official weren't growing hungry for money or power, no one was going to step up and enforce the fiance sector.
Some excellent posts DH. The government is in bed with a lot of these people. The SEC has an oversight responsibility - where have they been?
Last edited by SayAgain; 03-05-2009 at 01:22 PM.
Reason: spelling