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The Bankers Don't Care About the Banks
Votes: 18
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Updated on 03/14/09 by PeterParker

Tags:  business  bank  shame  financial  crisis  stock  

www.huffingtonpost.com I share the view of this article. The same thing can be said to other pubic companies: CEOs don't care about their companies, why? Because they are not the owners. This is a more fundamental issue of this finacial crisis - I call it the end of the stock market.  

Sex, Lies, and Subprime Mortgages
Votes: 12
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Updated on 03/08/09 by ObamaGirl

Tags:  subprime  mortgage  sex  lie  crime  lender  shame  

www.businessweek.com Who is to blame for the mess we are in? A lot of people blame Wall Street fat cats. Guilty as charged. Anybody else to blame? This insightful article provides more details about the dirty process.  

INVESTOR BEWARE: Stanford Financial
Votes: 51
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Updated on 03/08/09 by BruceBanner

Tags:  ponzi  shame  investment  cd  scandal  financial  stanford  

www.businessweek.com This is a serious allegation against Stanford Financial. You be the judge.  

Recession Villains: The Talented Mr. Madoff
Votes: 95
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Updated on 03/08/09 by BruceBanner

Tags:  recession  scam  madoff  ponzi  fund  villain  shame  

www.nytimes.com Who is he and how he pulled a 50 billion Ponzi scheme? And why is he still in his Manhattan Penthouse?  

The Great 401(k) Hoax
Votes: -174
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Updated on 03/08/09 by Chris

Tags:  shame  401k  stock  return  savings  

www.globalaging.org By: Cathlin Baker and Paul Chapman, The Employment Project, April, 2002. Quote: It was a triumph of marketing. Wall Street worked hard, and for a long time successfully, to convince the American family that stock certificates, a currency they never really saw, were the only assurance of long-term financial and therefore family stability. It was, as we have seen, a deeply flawed message. End Quote.  

Extreme home foreclosure: House built for ABC show in foreclosure
Votes: 37
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Updated on 03/08/09 by Chris

Tags:  recession  shame  housing  foreclosure  extreme  home  makeover  greed  

latimesblogs.latimes.com Still wondering why we are in this deep recession in the first place? Here is a vivid example. How do you lose a house that someone gave you as a gift on national television? You took out a home equity loan and wasted it!  

Recipe for Disaster: The Formula That Killed Wall Street
Votes: 35
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Updated on 03/08/09 by Chris

Tags:  recession  subprime  shame  financial  crisis  cdo  cds  engineer  quant  

www.wired.com Brilliant and insightful.  

Shame on you: CNBC
Votes: 89
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Updated on 03/06/09 by BruceBanner

Tags:  recession  shame  jonstewart  cnbc  

www.youtube.com Jon Stewart Eviscerates CNBC. And CNBC deserves it.  

Shame on you: You Try to Live on 500K in This Town
Votes: 55
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Updated on 02/10/09 by BruceBanner

Tags:  bank  shame  executive  salary  bonus  cap  tarp  new  york  city  

www.nytimes.com The salary cap for bailed-out company executives has not been into effect, yet there are already complains on New York Times. The reason you were able to live "a life of private schools, summer houses and charity galas"? You stole money from your bank, you robbed your investors and you lied to get your million dollor bonus!