12 April 2009

Digby: Shocked Disbelief

These bankers amaze me. In spite of everything, they continue to flex their muscles and insist that the taxpayers should hand over money with no strings attached and do things their way. Or else.

Remember when Alan Greenspan said this?
"Those of us who have looked to the self-interest of lending institutions to protect shareholder's equity -- myself especially -- are in a state of shocked disbelief."
Well, I wasn't that shocked, but I confess that I am a bit shocked by their current self-destructive narcissism. The executives of these lending institutions understand their own self-interest to be to do anything they damned well please and to hell with anyone who says otherwise and they are ready to take down the entire system if they don't get their way.

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