Tag Archives: Citi

Can Larry really understand the problem with making $115 million?

This is (below) a well thought out piece by Frank Rich that is worth reading.

I really don’t think most of the people who voted for Obama have the messiah complex Republicans think we have, but there is a Camelot quality to it that we need to acknowledge, and we need to stay awake and alert.

I won’t retell his column… go read it.

And ask yourself this.  Can anyone who made $115 million in 9 years really, really, understand the flaw in the system that allowed that to happen?  I mean, intellectually, perhaps.  But plenty of us see the billions of dollars that got paid out to Wall Street wunderkinds as blood money.  As ill gotten gains.  Does Larry see it that way?  I’m cautiously in his corner, for now.  But it does seem likely that he and some others may have some blind spots.  We have to be engaged enough to scream bloody murder if we see them pulling into a lane with truck already in it.

http://www.nytimes.com/2008/12/07/opinion/07rich.html?partner=permalink&exprod=permalink

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