There Are No Mistakes If You’re Enough of an Asshole
Fuckers: Five years later, the executives that were in charge of Bear’s headlong dive into the cesspool of subprime mortgage lending hold similar jobs at the most powerful banks on Wall Street: JPMorgan, Goldman Sachs, Bank of America, and Deutsche Bank. The fact they were able to emerge unscathed from a financial crisis that wiped out $19.2 trillion of household wealth in the US and as many as 8.8 million jobs has become part of the legacy of the financial meltdown. “The downside is very, very minimal for the people who decide to take risks in these institutions,” said Anat … Continue reading There Are No Mistakes If You’re Enough of an Asshole