Forum Post: 9 Wall St. Execs Who Cashed In on Crisis
Posted 13 years ago on Oct. 17, 2011, 2:44 p.m. EST by Gilliam
(31)
This content is user submitted and not an official statement
Here's a video I put together using facts and figures from Mother Jones on 9 Wall Street Execs and how they cashed in big time on the crisis. Se to the song "Where Is Your Soul?"
Forbes also recently released an article detailing the 10 highest paid CEO's in America this year. dailymail.uk printed a report on it which is quoted below:
"None of the top 10 earning CEOs are from Wall Street, or even the financial sector. Three are from healthcare companies(McKesson, Express Scripts and UnitedHealth Group), two from fashion houses (Ralph Lauren and Coach), one from real estate (Vornado Realty), one from entertainment (Disney), one from internet travel (Priceline.com), one from advertising (Omnicom Group) and one from oil and gas (Ultra Petroleum)."
Read more: http://www.dailymail.co.uk/news/article-2049405/Meet-Americas-10-highest-paid-bosses-Forbes-list-wealthiest-CEOs.html#ixzz1b4JdY8wV
Thanks! but still the 9 Wall Street Execs in that video profited handsomely from the crisis and should be held accountable for it. They have gotten away with it.
I agree. But you can't punish SOME of the people who profited and not others and still call yourselves fair or just.
Punishing the Wall Street Execs who profited from the crisis is a good start. From there you can establish precedent and go after others.
And punish the guilty we should. But we can't also punish the innocent people who work for, with, around them by bringing it all down. Such actions could very well cause to times the economic chaos we're already trying to get out of. Our intentions don't really matter if the end result is the same, or worse.
Just punish the guilty. I never advocate punishing the innocent. Just the guilty who knew exactly what they were doing.
http://www.forbes.com/forbes-400/
These are the "Wealthiest 1% of Americans"-Forbes puts this list together every year and it just released it this week.
Thank You for that list...very informative. As I looked at it I realized I was at a memorial on Friday night with #242 on that list.