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Originally Posted by firstdown
The problem is no one cares what these guys make when their 401 or investment is doing good but when they take the downward trun that when people start to care. This is not a job for the federal gov. its time for the investors, stock holders, and employees to stand their ground and say enough is enough. I also find it funny how the left has igniored the profits of the oil companies now that Obama is in office.
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This is more than a downward spiral. So when things are good people dont need to be accountable? This is exactly what got the country into trouble.
Knowing actual bankers in the industry who work in major and very old investment companies,...you'd be shocked. But just look what has happend in the last 10 years, Enrron, Lehman, Madoff, etc. very public stuff, if you look at what happened. Its quite grotesque.