Quote:
Originally Posted by After Shock Media
What ever happened to that whole "the buck stops here" mentality.
Always figured when shit hits fan, whoever is in charge takes responsibility.
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True.
And every company that lost billions of dollars of money and let shareholders down should step up and take responsibility - they are in charge - because not every bank ran themselves into the bank. Some of them have come out of this with increased marketshare and the ability to buyout weakened competitors.
And every person who bought a condo to flip and lost money should take responsibility for their household's poor decision - they are in charge- because I and many like me had the chance to do it and thought it was foolish. How many times someone offered me the chances to get in on such great investments from 2003-2005? How about you?
And every person who bought a house they couldn't afford. (I know I bought a house that I more than can afford by any reasonable standard. Didn't you?)
And every lawmaker who voted yes to laws that contributed to the mess. Stand up.
And every president who signed such laws into legislation. stand up.
It goes on and on and on.
Nearly every single person or company having trouble related to the housing fallout made a poor decision that got them there. They should stand up and say "the buck stops here"
Uhhhhh .. how come no one stood up?