I am going to beat a dead horse. The powers that be at Bears Stern should have to give back every dime, every bonus and every stock option - worthless though they may be. They took on a duty to their shareholders, stakeholders, employees and the finical community at large. It is unbelievable to me that they did not know what would happen if they continued to run their business so close to the edge and if a single one of the BIG BOYS gets on National TV and says otherwise - READ MY LIPS - HE IS LYING! Yet more dishonor!
I am not the only one saying this and I am fearful that many other firms will be heading this route. When will people learn. There is a RIGHT and THOUGHTFUL way to run a business and then there is this APPROACH. Which I ask you seems so profitable now.
At the end of the day, many people think they can fool all of the people all of the time - but the truth is - KARMA will exact her due - on her time table. She is not fooled.