$this->bbcode_second_pass_quote('shakespear1', 'A')nyone who has followed closely the discussion regarding this Financial Tsunami will know that this statement is a bit rich.
$this->bbcode_second_pass_code('', 'All of us - countries, corporations and consumers - have neglected basic principles.')
When he says "All of us", he must be trying to talk to a kindergarten, because that is a very sweeping generalization of who is responsible for this mess. Reading what he says there is really no sense trying to figure this out but just go forward and act ( let the tax payer bail the financial barons). They got plenty from the Treasury.
Then he says that the auto industry need to take the bitter medicine which was not up for offering to the banking giants. Bailing out the banking industry was OK but we need to dump the blue collar industry.
By the way, it seems his bank is doing just fine. I can only guess why that is true as "All of us" are hurting.
Profit$this->bbcode_second_pass_code('', 'U.K.’s Rothschild group, one of the world’s leading investment banking organizations, has posted record results. The bank has been able to maintain its very strong performance again this year, despite the credit crunch, economic slowdown and the threat of a U.S. recession, with investment banking and corporate banking businesses both producing record revenues.')
I have absolutely NOTHING to do with the inflation of the dollar, HE DOES. what did he do? WE didn't destroyed our banking system on purpose.
anyone with that much money while there are poor people who cannot eat is a nidiot.
puss-head.