Not Ranked
No. The reason this happened is somebody came up with a great "get rich quick" ponzi scheme and milked the marked. Everybody knew what was going on, so why didn't these businesses just stop doing it? Because there are a few at the top that wanted to get rich, and now at the taxpayers expense, they are getting their dream. They ran their respective companies into the ground, then waited for the taxpayers to bail them out.
It is called capitalism and maybe we need a good depression to get rid of a lot of worthless businesses. BTW...read the article where the top 8 big shots at Lehmans got cushy multi-million dollar contracts? Nice huh?
|