Where did they go?


Disturbing thoughts about your bank.
Pardon me if I make this fast and a bunch of clippings today. I still have my cold and there are things I've got to do yet.

Captain Capitalism has a disturbing take on banks.

Most bankers and executive management should be fired for the debacle they had brought upon the US. Oh, yes, I know, there's plenty of blame to go around, but let's not kid ourselves, for years people who were undeserving of credit never got a loan simply because banks did their job and turned these people down. But since banks threw assessing and ascertaining risk out of the window (which was their primary freaking job) and decided to loan money to everybody because they could score on some commission checks, it should be no surprise the financial system melted down, "necessitating" a taxpayer bailout all the while forcing the economy down the toilet.

Now one would think that the heads of these banks would be fired and then banished from banking altogether, soon to be replaced with more talented, moralled and skilled youthful counterparts.

One would think.

And there you go again "thinking." "Thinking" somehow "logic" and "sanity" rule this talentless, worthless industry headed up by parasites and charlatans.

For the truth is yes, the majority of the banks I've worked at and worked with have purged their executive and senior managements since this debacle occurred, but what nobody is pointing out, and what the dirty little secret is...

they simply go to and work for the bank next door.

It gets worse. Go read it.

Then take a long hard look at your bank.

— NeoWayland

Posted: Mon - March 2, 2009 at 02:15 PM  Tag


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