It is greed. There were folks making derivatives that they did not know what they're doing (if they did, they could short all the loaners and made a bundle). The sales folks cared about their quotas and bonuses. Same for the CEOs. When they lost their jobs, they deserved it. They should go to jail in Alaska. The majority are still making big money with bonuses. This is the area the Wall Street Occupy should aim at, not at the rich folks who invest to create jobs for them.
Lehman Brothers and the cousins were closed for good. No bailouts should encourage them to steal again. I feel sorry for the investors, the common folks buying those stupid derivatives, and some banks that were forced to pay back the loots (in some foreign countries like Hong Kong).
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