Choosing only 10 this year was next to impossible, but somehow we managed. Incidentally, we'd like to throw a special shout out to Angelo Mozilo of Countrywide for making this year's list extra debacle-riffic. Thanks!
Clearly, there's no possible way to include all the memorable f-ups that occurred in 2008 — so fill these comments with your personal favorites and help us look back at "the year the investment bank died."
]]>..and then, of course, everyone wonders why the company is in trouble as time goes by...and how it got there to begin with.
]]>Uh oh. The power of the Executive Carpet Bomb has been turned to the dark side.
]]>Jesus, what a year. I think we'd normally see this number and caliber of f**ups over a 10-year period- not one.
]]>@B:
Re: 10: The not so Big three CEOS take private jets to Washington to beg for money.
No one cared to look at how the head of the UAW arrived...nor did they point out the lack of the UAW to negotiate on behalf of their members or the industry...nor did anyone mention the golf club they have for their 'executives' which I doubt they would be willing to give up before taking all of OUR money to bail them out!
]]>I would say no one, absolutely no one, on Wall Street stepping up and saying these bundles of home loans are a high risk not being accounted for and we are getting out of this nonsense today.
]]>@sasper: "No one can do what Countrywide can" God willing...
]]>I think that all the top level executives had a meeting and decided that the best way to rob everyone was to carpet bomb us with incompetence and thievery all at once. They figure a few will go down but we will be so caught up in the ones we do catch that the other 24 million of them will get off scott free.
Watching corporations fail, lie and cheat is the new NFL Sunday.
"We got a top knotch rookie coming out of Harvard Law School that is poised to head a Fortune 50 and bilk inverstors, employees and coffers dry."
And I've got his Topps 3-D card pre-Federal charges!!
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