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 Admati, professor of finance and economics at Stanford Graduate School of Business and co-author of The Bankers’ New Clothes: What’s Wrong With Banking and What to Do About It.

There are so many people out there who made one mistake, or two, and their lives are over. They bought a house that was worth a little more than they could afford, or they didn’t save as much money as they could have maybe, or they counted on a job when a job is never to be counted on, and their lives are fucking OVER. They are never going to get a second chance.

Lots of people who haven’t made that kind of mistake, who invested where they were told and worked where their parents worked and came home and raised their families and taught school and walked a beat are screwed, too. Nobody’s giving THEM a second shot at their dream jobs.

Yet here come these dicks, who apparently will never have to miss a meal, because we didn’t think we should throw them in jail, and somebody else thought hey, I’m already going to hell, might as well hire Satan’s previous janitor to try to score some points ahead of time. I mean what the FUCK. If your resumé includes “helped drive the entire American economy straight into a cement pylon while laughing hysterically about it,” I’m sorry, you shouldn’t get an interview, much less a corner office.

Speaking of Bear Stearns and being catastrophically bad at your job, this asshole is still on TV. Somebody at my gym always has one of the TVs turned to his show, and it’s all I can do not to throw a water bottle through the screen because being that wrong about something, that decidedly wrong about something, should disqualify you from the conversation forever. Yet here he is, giving INVESTMENT ADVICE. And yeah, I know people watch him and they shouldn’t. But his bosses should also be concerned about roasting in the flames for all eternity for greenlighting him day after day.

Apparently the only people who don’t get a second act here are the ones who were right about everything. The ones who were right about the war, or the economy, or the Wall Street dickheads in the first place, are never heard from again.

A.

6 thoughts on “There Are No Mistakes If You’re Enough of an Asshole

  1. gratuitous says:

    And what I love best of all? While we all bailed out these crooks and made sure they kept their phony baloney jobs and fat paychecks, there are folks who say that pensioners for the City of Detroit should just learn to live on air because their retirement benefits are inconvenient for us to pay. As if retired municipal workers can just jump into a time machine and start their careers all over. Besides, some of them can actually thrive (not just survive) on their cushy pension checks!

  2. Snarki, child of Loki says:

    ” If your resumé includes “helped drive the entire American economy straight into a cement pylon while laughing hysterically about it,” I’m sorry, you shouldn’t get an interview, much less a corner office. ”
    Just politely but firmly show them out the door.
    The special one, that leads to empty air on the 30th floor.

  3. Diana says:

    You just don’t understand how much capitalism rests on feudalism. Once a lord in feudalism, always a lord. You might lose all your wars, and wind up with nothing to show for all your spilling of your vassals’ blood except “a few unprofitable dukedoms” (to quote Shakespeare’s King Henry) but you’re still a lord, and the people you ordered into your losing wars are still your peasants.
    It’s just the same with capitalism. Everything is private property, and all the property belongs to some lord somewhere: “Nul terre sans seigneur.”

  4. Mike G says:

    The ones who were right about the war, or the economy, or the Wall Street dickheads in the first place, are never heard from again.
    Because it’s not about being right. It’s about serving power.
    Might makes right. When you have might, you can be wrong and stupid over and over and still fail upward and ride the gravy train (vid. GW Bush). When you’re poor and unconnected, a single mistake can drag you down for life.
    Lack of accountability for the powerful is a leading cause of national rot throughout history, and we’re on a downward slope on that criterion.

  5. BlackSheep0ne says:

    So if there’s never gonna be jail, can we get snipers?

  6. Lex says:

    As Driftglass puts it: “Liberals: Taking shit for being right since before you were born.”

Comments are closed.

%d bloggers like this: