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To: Ernest_at_the_Beach
Wall St has no one to blame but themselves for several reasons:

1) Arrogance-- does the term "Master of the Universe" meaning anything to you?

2) Greed-- They've destroyed a multitude of viable American companies in their short sighted grab for instant millions

3) Hubris-- not only don't they care that their actions put thousands out of work routinely, they believe they have the devine right to do so

4)Public Perception-- When CEOs of major corps squeeze concesions from their employees and then rewrd themselves w/ multi-million $$ bonuses what is the public to think?

Does this egregious misconduct lead me to believe that the gov. should step in and fix it? Oh Hell no. Nevretheless, I'll cry no tears for the poor, misunderstood millionaires in NYC.

13 posted on 03/27/2009 9:19:25 AM PDT by Pietro
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To: Pietro
poor, misunderstood millionaires in NYC

There are a hundred more venture capitalists and entrepreneurs in the rest of the country that will be ahead in line for Bama's guillotine. The crash was exacerbated by Wall St derivatives, but made possible only through too much borrowing. Credit will never rise to infinity and it was well beyond sustainability in 2005 when many here posted about it.

21 posted on 03/27/2009 9:48:28 AM PDT by palmer (Cooperating with Obama = helping him extend the depression and implement socialism.)
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