Wednesday, Jul 01, 2009
More rewards for failure
Times Online: Win Bischoff set to lead Lloyds Banking Group
Helping destroy $218 Billion in shareholder value at Citibank just wasn't enough. Now he's here to help the British taxpayer.
Posted by richc @ 09:46 AM (283 views) Add Comment
2 Comments
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1. who stole my pension? said...
I think Gordon should read "House of Cards - How Wall Street Gamblers Broke Capitalism" by William Cohan. This book is the true story about the Bear Stearns melt down. And while Bear melted the CEO played cards!! No joke its true. These guys are addicted to gambling. They know nothing about risk control. They get high on rolling the dice and loosing our money! I am glad I sold my Lloyds shares, withdrew my money and closed my account some time ago.
It is time to put qualified bankers back in charge of the banks. The gamblers should go to jail.
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