[Soultrader]

Fun article and comments here: http://news.bbc.co.uk/2/hi/uk_news/magazine/7618685.stm

What are your opinions and thoughts?

[wasp]

The same as we should feel sorry for anyone else who has lost out (in whatever form - jobs, homes...) as it wasn't the traders faults.

[Soultrader]

Originally Posted by wasp »

The same as we should feel sorry for anyone else who has lost out (in whatever form - jobs, homes...) as it wasn't the traders faults.

I agree as well. I voted who cares?

[wasp]

Originally Posted by Soultrader »

I agree as well. I voted who cares?

Yep, life is harsh and every day, somewhere in the world, someone is losing out due to something that probably wasn't their fault but end of the day, I agree, who cares?

[Kiwi]

Lets get the frame right here.

When bankers decide that they are swashbuckling risk takers --- they deserve whatever evil comes their way. Have you heard of a lot of bank CEOs who are giving their bonuses back?

[wasp]

Originally Posted by Kiwi »

Lets get the frame right here.

When bankers decide that they are swashbuckling risk takers --- they deserve whatever evil comes their way. Have you heard of a lot of bank CEOs who are giving their bonuses back?

No, but they are the ones who should be suffering.

'Swashbuckling risk takers' didn't cause the credit crunch or economic crisis, greedy bank CEO's did but its never the real guilty who get punished.

[Trader333]

Should We Feel Sorry for Bankers?

Absolutely not and especially the CEOs who in the UK seem to have not only got away with not losing their positions but are still getting their bonuses. This is the only industry where abject and total failure with astronomic losses results in the same people running the show. It is total lunacy in my view.


Paul

[sdoma]

It's unfortunate for the rank-and-file at those banks, but really I know a few of them and most of them are so arrogant it's hard to feel TOO sorry. I try though. Besides, why should they be more special than any other corporate drone that gets laid off?

As an aside, did anyone else laugh when they heard about Fuld getting laid out in the Lehman Bros company gym? That guy is such an arrogant ****, he deserves to be stripped of his wealth and put in a housing project.