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Back in the 90s in Japan at least a lot of the Nomura and LTCB execs and so on had the decency to off themselves after they wrecked the financial system and wer
by kingkongrevenge 19y ago
Back in the 90s in Japan at least a lot of the Nomura and LTCB execs and so on had the decency to off themselves after they wrecked the financial system and were exposed as crooks. Somehow I doubt they'll find Alan Schwartz in a motel room with a note of apology. We should import this fine Japanese tradition!
- rhyso 19y agoJimmy Cayne would be more deserving. But they can have Schwartz as well - he was COO while these bets were being taken.
- kingkongrevenge 19y agoI'm jesting. But seriously, it would be nice to see some genuine sorrow from responsible people for a change. All you get is denial and excuses. I remember the head of Yamaichi Securities on TV with tears streaming down his face bowing his head and begging forgiveness. I think it would just shock some much needed sense into our culture if some powerful people who fucked up actually took the stage and said "I fucked up. I'm sorry."