I think the CEO's are dirtbags who justified their huge salaries by saying "look at all the risks we take! We deserve big payouts" and now they aren't willing to face the consequences of their risk, they're passing off the moral hazard.
I think that the legislation was crookeder than a dog's hind leg, and I wish the system weren't gamed such that these things call happen.
But, I do think that if Capuano's going to lambaste the CEO's, he should look at the sort of things that allowed them to happen, all of Congress should, and admit their part in it.
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Date: 2009-02-12 09:09 pm (UTC)I think that the legislation was crookeder than a dog's hind leg, and I wish the system weren't gamed such that these things call happen.
But, I do think that if Capuano's going to lambaste the CEO's, he should look at the sort of things that allowed them to happen, all of Congress should, and admit their part in it.
That better?