Succinct and to the point.
And now nobody has any idea how to fix the mess we are in.
The CEO’s who ran these companies into the ground and then walked away should be stripped of all bonuses and pay. Lehman’s CEO made $70 last year or this year....cannot recall which. And he can walk away and keep it all!
WHY AREN’T PEOPLE OUTRAGED?
If this is capitalism, then I say no thanks!
And believe it or not, it’s as simple as that. We have a great amount of debt and all of that debt is suspect. It will take a long time to straighten this mess out. Can you believe the last time we had actual record keeping was between 1945-1980? One of the ways to recovery is for the people themselves to get rid of their debt and not live beyond their means.