CEO’s of financial institutes who took big risks with mortgage derivatives are apparently not ashamed of driving an entire integral component of our economy into the ground. There is no mass wave of resignations or suicides as occurred during the great depression, or what you would see in many Asian countries, i.e. Japan.
CEO’s have learned that America rewards- non-performance, this encourages the wrong breed of business leaders to take the reigns. One should measure performance on the actions taken during hard times, because it’s easy to be a great CEO when the economy is booming.
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