This post on tompeter.com is not for the faint at heart. Lays blame for this entire financial fiasco at the current generation of managers who chose greed over the good for many. Aims directly at the fact that many of our current C-level execs rose through the finance arm of the company. They have not built the companies therefore they are willing to risk them…why not? They can simply take their Golden Parachutes and land on some island and do consulting for the rest of their lives.
I had better stop before observation turns to preaching…all that being said, definitely one of the most informative posts on “how we got here” that I have read. A keeper for future times and situations.