Tag Archives: bankers

German Bankers Not So Smart After All

The Germans are squirming now! Their banks are the ones who loaned the most money to Greece. So much for German banking prowess. It takes two to make a bad loan, an overstretched borrower and a greedy lender. Greece should … Continue reading

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Oil Executives Play Dumb and Dumber

The Oil company executives in front of Congress sounded just the Bankers a couple of months ago. It’s never anybody’s fault and they don’t know what happened. Of course, when things are going well they take all the credit and … Continue reading

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Obama Bashes Bankers…Again

Obama gave a tongue lashing to our countries biggest bankers…again. He’s got to keep the pressure on. These guys are dyed-in-the-wool capitalists who will “sell you the rope to hang them with”. Government is our only protection against these behemoths. … Continue reading

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How to NOT Solve a Problem With a Bulldozer

This homeowner decided to bulldoze his house rather than lose it to the bank in foreclosure. He wants to ‘send a message’ to the bank but he’s missing the point. The bank doesn’t want the house, they want the money … Continue reading

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Bush Arrives to Save Haiti

Why are we enlisting the help of Georg W. Bush for Haiti relief? Didn’t he demonstrate his glaring lack of skill with the Katrina flood? Why don’t we just ask bankers to help fix the mortgage mess…oh yeah…we did! We … Continue reading

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Strategic Defaults are Good Business

I don’t understand all the fuss about ‘strategic defaults’ as homeowners walk away from mortgages that are 1000’s of dollars over the properties value. It’s just good business and exactly what smart companies do. There is no “moral obligation” to … Continue reading

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A Shortage of Bad Bankers?

I fail to understand the concern over these bankers threatening to leave if they don’t get a big enough bonus. These are the same people that got us into this mess and it’s not as if there’s a shortage of … Continue reading

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