This past week the House Banking committee had some of the CEO's from the major banks take a day off and have a chat with them. Watching this I saw the same old tired rhetoric I see from all these people in charge, whether that be the oil industry, Health care, Tobacco etc and that is " I am not responsible". For me it is time for these people to step up and admit the problems that occurred were due to some of the actions they took, and for them now to step down and hand in their resignations. These are individuals rich beyond are imagination. To continue to let them run these company's is to ask for the same problems we have now. These guys are looking out for there best interests............ not the interests of the people who now are on the hook for their failures. They will find loopholes in the laws that will enable them to continue to receive these exorbitant salaries and they will also make sure there companys will flourish with taxpayers money.
Having said that I saw a piece on Bill Moyers journal that I thought was particularly educational. I would recommend that any of you that are concerned about this crisis take 15 minutes and watch it.
I would be interested in your viewpoints and look forward to your comments.
Here is the link: http://www.pbs.org/moyers/journal/02132009/watch.html