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REMEMBER WHEN? Accountability in Financial Markets


In honor of Bernie Madoff and Jim Cramer, I thought I would reprise the following which was previously published in this blog on TPM:

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In a photo taken during the pre-Reagan era when banking activities were closely monitored and regulated, we see Banking Industry mogul Jesse James auditing accounts receivable in his inbox under the watchful eyes of the regulators.




9 Comments

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hahahhaahhah. Its ok with me. sets the right TONE so to speak. hahhaha

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I think of Bernie Madoff in Kevlar, (today in court).

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I was thinkin Jesse did not have the opportunity to tell us how sorry he was.

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I think I just heard a "read my lips. I'm truly sorry" coming from the room, but it sounded like the words were actually coming from the fellow with the tophat. Can't be sure.

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Ha, and in honor of AIG and the 'investment' bankers I think a little earlier regulation might be in order

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Off with their heads!!! Off with their heads, I say!!! hahahahahaha

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I believe I heard at one point that the English once threw bankers into a bag full of snakes that were then tossed into the Thames.

Sounds apocryphal, but not likely. It'd be too cruel and unacceptable to treat snakes this way.

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hahahahhahahahaha I cannot believe that Studs would not love this line.

I hereby award you the Dayly Line of the Day for this TPMC blog, given to all of you from all of me.

hahahahahahah

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On behalf of Studs and me, thank you, dd! I'm deeply honored! :O)

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