http://www.businesspundit.com/german-geritol-gang-tortures-financial-advisor-who-lost-their-savings/ Entrepreneurship, Startup Companies and Business Philosophy Thu, 18 Mar 2010 13:43:19 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.businesspundit.com/german-geritol-gang-tortures-financial-advisor-who-lost-their-savings/comment-page-1/#comment-15438 Green Man Fri, 03 Jul 2009 14:47:13 +0000 http://www.businesspundit.com/?p=12458#comment-15438 Fascinating development. Considering that the financial services sector has colluded with their watchdogs, the rating agencies, to get derivatives packed with toxic subprime mortgages labeled as AA investments and triggered a global economic crisis that they have, so far, eluded the consequences for, it is not surprising that some vigilantes have sprung up to enforce a little accountability. The truth is that the financial services sector has become the poster child for decadent Western Capitalism and the fact that they have been above the law and that some actually got a bonus for staying at their posts leaves a mere mortal incredulous. Amazing the power & privilege that money conveys on the amoral wheelerdealers who wield it. Even more amazing is the impliicit powerlessness of those who have been swindled out of their savings, pensions and home equity by an elite class of white collar criminals. Someday the full truth will see the light of day, and then we'll see how John Q Public really feels about the biggest scam since Bernie Madoff. Fascinating development. Considering that the financial services sector has colluded with their watchdogs, the rating agencies, to get derivatives packed with toxic subprime mortgages labeled as AA investments and triggered a global economic crisis that they have, so far, eluded the consequences for, it is not surprising that some vigilantes have sprung up to enforce a little accountability. The truth is that the financial services sector has become the poster child for decadent Western Capitalism and the fact that they have been above the law and that some actually got a bonus for staying at their posts leaves a mere mortal incredulous. Amazing the power & privilege that money conveys on the amoral wheelerdealers who wield it. Even more amazing is the impliicit powerlessness of those who have been swindled out of their savings, pensions and home equity by an elite class of white collar criminals. Someday the full truth will see the light of day, and then we’ll see how John Q Public really feels about the biggest scam since Bernie Madoff.

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