There goes civilisation...

How can you fault somebody for wanting to make a good living and provide for their families? If a well-paying job is available, and is perfectly legal, and well-respected by some, how can you fault somebody for taking it?

i could understand their high salaries if they were good at their job but it's obvious that greed masks their ability to look at what the last 300 years of world financial history can teach them.

no sympathy from me, they are reaping what they sowed with rampant speculation (much like the tulip boom of the 1630's)

some valid points here, one thing i'd like to point out is this growing habit of bailing out of these companies by the government and other financial institutions. City boys playing with other people's money, running insane risks, without thinking of the repurcussion because to them its not real, its a big fucking game. dots on a ticker.

It is the taxpayers money that the government is using to bail out these institutions. Just like its the investors (e.g. bank customers)money that is funding the bail out fund that has just been set up by a conglomerate of 10 or so global financial institutions.

Granted, without bailing certain institutions out (freddie mac, fannie mae, and that first one i cant quite recall the name of) the global economy would be much worse off than it currently is due to these institutions being so entrenched in the financial market.

I find it so incredibly wrong that I am paying up the fucking ass, and my money is bailing out some fuck on a boat somewhere that lost someone else's money.