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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (450017)1/23/2009 11:00:38 AM
From: tejek  Read Replies (2) of 1574462
 
Following up on my theme that bankers and similar types are as dumb as rocks......John Thain who ran Merrill Lynch spent $1 million last year redecorating his office even as everything was falling apart on Wall Street and the financial markets; Citi has made D. Parsons CEO....the same guy who ran AOL/Times Warner into the ground; Lewis of BAC bought Merrill Lynch doing little due diligence and now BAC's stock is hovering around $5, Bank CEOs like Lewis and Dimon have been buying their stocks for their personal accounts all the way down from the $20s and $40s respectively, etc.

If I didn't know better, I would say that the captains of American industry are as dumb as sh*t and capitalism is on its last leg. But then what do I know???!!!
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