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The Scuppers This is a new forum for the not necessarily fishing related topics...

 
 
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Old 02-03-2009, 03:25 PM   #4
Back Beach
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Join Date: Mar 2004
Location: franklin ma
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Quote:
Originally Posted by RIJIMMY View Post
and they'll be for 30 people out of the 500,000 that work in the industry
True, but those seemingly smallish numbers account for much of the mayhem that took place. The buck stops at the CEO's and they will hopefully be held accountable. The boards are equally to blame too, given the conflicts of interest that are/were in place. One person can sit on mulitiple boards and provided they reciprocate with other companies boards, they can set and approve the huge salaries/bonuses for poor performance, etc and receive the same. All the while Joe stockholder foots the bill.
Bbbbbutttttttt, these folks(fiancial companies) are not unlike drug dealers, meaning there's addiction/demand for what they are selling. Enter the irresponsible/unknowing consumers AKA "drug users" who are equally to blame for this mess.

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It's the fishing hole
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