During Obama's Leno performance, he mentioned that 'nobody was really looking at this (CDO) problem and now we've got to fix it'. Rubbish. Say what you want about Wall Streeters, they are by and large some of the most educated business people on the planet. Trust me, somebody was definitely looking at it - a lot of somebodies in fact. So, Incompetence, Oopsie-daisy, or the Big Scam - are we seriously thinking there's a choice here?
And then there's the Ace Rothstein Way...
Made me think of a line in Martin Scorsese's 1995 film, 'Casino' (or, 'Goodfellas-goes-Vegas-with-Sharon-Stone's-best-role' movie) where Ace Rothstein (Robert de Niro) fires a Good Ol' Boy for letting 3 slot machines cash out on the same day:
"Listen, if you didn't know you're bein' scammed, then you're too f*****' dumb to keep this job; if you did know, you were in on it - Either way...YOU'RRRRE OUT!'
Ahh, that's what I'm talkin' about... time to go gangsta.
Completely agree. Of course they knew what they were doing. As Don Henley once said "You can steal more with a briefcase than a gun"
ReplyDelete