While thinking about the current financial crisis I was reminded of a conversation with a friend about Bernie Ebbers, ex WorldCom CEO. We were debating about what might be an apropos punishment for someone who had swindled 11 billion dollars from investors and caused financial upheaval across the high tech industry. His answer was "He should be sold to the inmate with the most cigarettes." It's kind of a chilling thought.
When you look at the people who bear the brunt of these corporate collapses, even if we skate through this one economically, there are a lot of ordinary people who never had a choice in the matter who will be thrown out of work because of unrestrained greed and avarice.
Fraud
While thinking about the current financial crisis I was reminded of a conversation with a friend about Bernie Ebbers, ex WorldCom CEO. We were debating about what might be an apropos punishment for someone who had swindled 11 billion dollars from investors and caused financial upheaval across the high tech industry. His answer was "He should be sold to the inmate with the most cigarettes." It's kind of a chilling thought.
When you look at the people who bear the brunt of these corporate collapses, even if we skate through this one economically, there are a lot of ordinary people who never had a choice in the matter who will be thrown out of work because of unrestrained greed and avarice.
