These so called "youngsters" made millions in salary and bonuses for coming up with these derivatives and making them work. They could care less about a downturn. All they cared about is the money they took away from the casino table
No doubt about that! I recall numerous articles over the years reporting just that.
I just heard that the auto industry in getting $25 billion -- ditto their concern for America. They will likely be adding the billions to the billions already in China. We're living in a Monty Python movie except it ain't funny. Just a teeny tiny bit of sarcasm. :)