This week and next week, every night, we will be adding a name to the list and telling you what they have done, and how much it’s costing you. It’s a rogues gallery of Wall Street executives, politicians, and government officials who did not do their jobs. It’s time you know their names, their faces, it’s time they be asked to account for their actions.“Now is the time to talk about blame,” argues Cooper. I'm sure he's right about that.
I don't know enough about this crisis to judge the fairness of CNN's list (only 3 of the 10 "culprits" have been revealed thus far). Time will tell, I suppose.
It's a sure bet, though, that all ten on their list are deserving of blame.
My guess: the American consumer/debtor will make the list.
#10: AIG/Joe Cassano
($120 billion. Remember their St. Regis [OC] retreat?)
#9: Lehman Brothers/Richard Fuld
#8: SEC Chairman, Republican Chris Cox
(of Orange County!)
#10: AIG/Joe Cassano
($120 billion. Remember their St. Regis [OC] retreat?)
#9: Lehman Brothers/Richard Fuld
#8: SEC Chairman, Republican Chris Cox
(of Orange County!)