Being a Bankster Means Never Saying, “I’m Sorry”

Never mind his long rap sheet of malfeasance and incompetence, which cost so many so much, Jamie wails that everything from Wall Street’s bailout to the pay of top bank executives have made people envious of bankers’ success. Thus, he moans, an anti-Wall Street sentiment has spread through the public, prompting politicians and regulators to pander to this populist anger by persecuting enterprising bankers like him. He called the whole thing “unfair.”

Good grief. This guy builds bank profits through rip-offs, piles billions of dollars in fines on the backs of shareholders, pockets $20 million in personal pay for one year’s work – and he wants us to weep for him? Being a Wall Street boss, you see, means never having to say you’re sorry, for it’s always someone else’s fault.

Only 25 years ago, more than a thousand bankers were prosecuted for this sort of malfeasance during the savings & loan scandal. Let’s return to the ethical accountability of those days. Or maybe We the People should send our own message to today’s banksters by rolling a guillotine down the center of Wall Street.

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This has been posted from Jim Hightower’s website.