CEOs are scapegoats
September 25, 2008
Don’t blame the CEOs! What’s $25 or $30 million? I wish I was one of the people that went short on credit default swaps. Just think, $250 billion to clear up the sub-prime loans, $450 billion to pay off astute investors that saw this coming. The U.S. taxpayer is about to make billionaire investors whole. Don’t worry, the credits market might ease up so they can loan that money back to us.