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Assault On Ex-bank CEO  
User currently offlineNa From Germany, joined Dec 1999, 10699 posts, RR: 9
Posted (5 years 5 months 1 week 3 hours ago) and read 2069 times:

If the crisis lasts longer´, I´m sure this won´t be the last attack on one of the men responsible for it due to grave negligence and greed.
Unknown frustrated people have vandalised the Mercedes S-Class and the villa of the former CEO of the highly indebted Bank of Scotland "Sir" Fred Godwin in Edinburgh, who is living the high life with a sky-high pension while his former clients suffer.

I´m not surprised.

The government wants to lower his high pension, which is good news. Someone with such a high responsibility must suffer. I´m not talking about the assault here, but to cut his pension of 760.000 Euros by half or more would certainly be justified. That should be done everywhere with such men.

Source: Yahoo Germany

17 replies: All unread, jump to last
 
User currently offlineOhthedrama747 From UK - Scotland, joined Jan 2005, 291 posts, RR: 0
Reply 1, posted (5 years 5 months 6 days 22 hours ago) and read 2017 times:

Heard about it this morning. Excellent news. I think you're right about the others, I'm pretty sure a lot of people would liked to have met Bernie Madoff down an alleyway.

G


User currently offlineWarRI1 From United States of America, joined Sep 2007, 8872 posts, RR: 10
Reply 2, posted (5 years 5 months 6 days 22 hours ago) and read 2005 times:

Who said it many years ago,"Let them eat cake" History repeating itself once again? What did they expect? They deserve it once again. We have had enough.


It is better to die on your feet, than live on your knees.
User currently offlineNa From Germany, joined Dec 1999, 10699 posts, RR: 9
Reply 3, posted (5 years 5 months 6 days 18 hours ago) and read 1963 times:



Quoting Ohthedrama747 (Reply 1):
I'm pretty sure a lot of people would liked to have met Bernie Madoff down an alleyway.

Sure, but to know that he´ll never leave prison (alive) is much better than any act of lynching.

Quoting WarRI1 (Reply 2):
Who said it many years ago,"Let them eat cake"

The last Queen of France.


User currently offlineWarRI1 From United States of America, joined Sep 2007, 8872 posts, RR: 10
Reply 4, posted (5 years 5 months 6 days 14 hours ago) and read 1934 times:



Quoting Na (Reply 3):
Quoting WarRI1 (Reply 2):
Who said it many years ago,"Let them eat cake"

The last Queen of France.

I think there is a mesage there, the "last" Queen of France. I hope they get the message, our new Greedy Rich Royalty.



It is better to die on your feet, than live on your knees.
User currently offlineDfwRevolution From United States of America, joined Jan 2010, 968 posts, RR: 51
Reply 5, posted (5 years 5 months 6 days 13 hours ago) and read 1924 times:



Quoting WarRI1 (Reply 2):
Who said it many years ago,"Let them eat cake" History repeating itself once again? What did they expect? They deserve it once again. We have had enough.

So you advocate a majority lynching a minority? The antithesis of a civilized society.

Quoting WarRI1 (Reply 4):
I hope they get the message, our new Greedy Rich Royalty.

You're willing to couch the executives who managed these banks as greedy and rich. What do you label the "everday people" who leveraged far more debt than they could afford to enjoy a get-rich-quick lifestyle? That sounds a lot like greed to me, but I expect you will say they are innocent bystanders, no doubt.


User currently offlineMD11Engineer From Germany, joined Oct 2003, 13999 posts, RR: 62
Reply 6, posted (5 years 5 months 6 days 12 hours ago) and read 1908 times:



Quoting Na (Reply 3):
Quoting WarRI1 (Reply 2):
Who said it many years ago,"Let them eat cake"

The last Queen of France.

Actually not. She wasalready hated at the French court and in public for being a foreigner (Austrian) and being originally something like an 18th century Paris Hilton, but AFAIK, this quote was invented and published by the French radical revolutionary philosopher Rousseau in a successfull attempt to discredit the French royals.

Quote:
Others have suggested that these words were never even spoken, but rather, written. In his 12-volume autobiographical work Confessions, Jean-Jacques Rousseau stated the following in Book 6:

"At length I recollected the thoughtless saying of a great princess, who, on being informed that the country people had no bread, replied, "Then let them eat pastry!"

Marie Antoinette arrived at Versailles from Austria in 1770, three years after Rousseau had written the passage above. Whoever the "great princess" was, it is certain that it was not Marie Antoinette.[6]

From: http://en.wikipedia.org/wiki/Let_them_eat_cake

(I know that Wikipedia is not that reliable, but I've read this on other sources as well, Wikipedia was just the easiest one to find again).

Jan


User currently offlineNa From Germany, joined Dec 1999, 10699 posts, RR: 9
Reply 7, posted (5 years 5 months 6 days 5 hours ago) and read 1867 times:



Quoting MD11Engineer (Reply 6):
(I know that Wikipedia is not that reliable, but I've read this on other sources as well, Wikipedia was just the easiest one to find again).

Recent investigations have shown, that while not reliable here and there, in general wikipedia is more reliable and has more in-depth info than any other encycopedia on this planet.

As to the quote attributed to Marie Antoinette, true or false, its a perfect example for how removed from the people Royalty was, and some of the current Elite still is.
What is the difference between "Let them eat cake" and taking high bonusses these days? Actually I find the behavior of some managers today worse. Imho hundreds of banking managers and top controllers should be imprisoned for grave negligence in the extreme, ruining millions of people, more than in pre-revolutionary France btw.. If that isnt punished, I´m sure people with a dubious meaning of justice will take the law in their own hands. Watch out!


User currently offlineWarRI1 From United States of America, joined Sep 2007, 8872 posts, RR: 10
Reply 8, posted (5 years 5 months 6 days 1 hour ago) and read 1823 times:



Quoting DfwRevolution (Reply 5):
So you advocate a majority lynching a minority? The antithesis of a civilized society.

I do not advocate such behavior. I should have made that clear, the Modern day Robber Barons are causing unrest with their greed, and they deserve the scorn they are getting. A little unrest in France just yesterday. Evidently the people are not happy.

Quoting DfwRevolution (Reply 5):
You're willing to couch the executives who managed these banks as greedy and rich. What do you label the "everday people" who leveraged far more debt than they could afford to enjoy a get-rich-quick lifestyle? That sounds a lot like greed to me, but I expect you will say they are innocent bystanders, no doubt.

The bankers and Wall Street certainly carry most of the blame, after all, who indoctrinated us with these spending habits, it was a constant barrage, the government did not help either. blame all around, especially by those who knew better.



It is better to die on your feet, than live on your knees.
User currently offlineSv7887 From United States of America, joined May 2008, 1025 posts, RR: 0
Reply 9, posted (5 years 5 months 5 days 23 hours ago) and read 1797 times:



Quoting WarRI1 (Reply 8):

Quoting DfwRevolution (Reply 5):
You're willing to couch the executives who managed these banks as greedy and rich. What do you label the "everday people" who leveraged far more debt than they could afford to enjoy a get-rich-quick lifestyle? That sounds a lot like greed to me, but I expect you will say they are innocent bystanders, no doubt.

The bankers and Wall Street certainly carry most of the blame, after all, who indoctrinated us with these spending habits, it was a constant barrage, the government did not help either. blame all around, especially by those who knew better.

Are you kidding me? How exactly did they "indoctrinate" us with these spending habits? Even the government is begging us to spend money to sustain an economy that is highly dependent on rampant consumer spending...

People have to use their brain, but they didn't want to. It's part of the American, "Gotta have it now!" mentality without any regard towards the future consequences...It's like blaming the car salesman for selling you an expensive car you couldn't afford.

No one put a gun to the head of Americans and said, "Spend beyond your means, buy the SUV, buy the McMansion, buy the $100 Abercrombie clothes, the $1,000 Louis Vuitton purses"

I saw some story about a yuppie idiot in the Boston Globe complaining how his daughter feels let down he can't take her out to girls night out at $300 a night hotels and shopping malls.

As per the original post, the politicians are formenting this mob mentality to get whatever anti-business legislation they want passed into law. Suddenly it's becoming a crime to be "rich" in this country...

Most of my friends are making the same complaints. They spent like hell during the good times and have little to sustain themselves in the bad times. Lucky for me my parents drilled being thrifty into my head, so I never did anything too stupid.


User currently offlineWarRI1 From United States of America, joined Sep 2007, 8872 posts, RR: 10
Reply 10, posted (5 years 5 months 5 days 13 hours ago) and read 1736 times:



Quoting Sv7887 (Reply 9):
Are you kidding me? How exactly did they "indoctrinate" us with these spending habits? Even the government is begging us to spend money to sustain an economy that is highly dependent on rampant consumer spending...

I would say, if you watch any advertising, you will have the answer. A constant stream from Wall Street, banks, government, you name them, spend, spend, spend. Borrow, borrow, well we did.



It is better to die on your feet, than live on your knees.
User currently offlineLHMARK From United States of America, joined Jan 2000, 7255 posts, RR: 47
Reply 11, posted (5 years 5 months 5 days 3 hours ago) and read 1683 times:



Quoting DfwRevolution (Reply 5):
You're willing to couch the executives who managed these banks as greedy and rich. What do you label the "everday people" who leveraged far more debt than they could afford to enjoy a get-rich-quick lifestyle? That sounds a lot like greed to me, but I expect you will say they are innocent bystanders, no doubt.

And what do you label those who didn't overextend, lived within their means, and are STILL stuck footing the bill for what these assholes did? There's a lot of us.



"Sympathy is something that shouldn't be bestowed on the Yankees. Apparently it angers them." - Bob Feller
User currently offlineJBirdAV8r From United States of America, joined Jun 2001, 4489 posts, RR: 21
Reply 12, posted (5 years 5 months 5 days 3 hours ago) and read 1680 times:



Quoting WarRI1 (Reply 2):
Who said it many years ago,"Let them eat cake" History repeating itself once again? What did they expect? They deserve it once again. We have had enough.



Quoting Ohthedrama747 (Reply 1):
Heard about it this morning. Excellent news.

Does anyone else see the extreme irony that such vocal opponents of, say, the war in Iraq are supporting this gratuitous violence and think it should happen more?



I got my head checked--by a jumbo jet
User currently offlineWarRI1 From United States of America, joined Sep 2007, 8872 posts, RR: 10
Reply 13, posted (5 years 5 months 4 days 13 hours ago) and read 1621 times:



Quoting JBirdAV8r (Reply 12):
Does anyone else see the extreme irony that such vocal opponents of, say, the war in Iraq are supporting this gratuitous violence and think it should happen more?

I for one, am not saying it should happen more, I am saying, it will happen more, and they will have nobody to blame but themselves. I am also, not a vocal opponent of the Iraq War.



It is better to die on your feet, than live on your knees.
User currently offlineArmitageShanks From UK - England, joined Dec 2003, 3620 posts, RR: 15
Reply 14, posted (5 years 5 months 4 days 13 hours ago) and read 1613 times:



Quoting WarRI1 (Reply 2):
"Let them eat cake"

Who bakes a cake and doesn't eat it? That's just a silly thing to do.


User currently offlineLTBEWR From United States of America, joined Jan 2004, 13078 posts, RR: 12
Reply 15, posted (5 years 5 months 4 days 13 hours ago) and read 1608 times:

Perhaps what would help is the use of existing laws to bring criminal charges against the business leaders and inviduals that caused the faudulent and abuse of fiduciary trust deals that have brought the economy of the world to it's knees. Having such persons face jail like Bernie Madoff now does may help to pacifiy some potential terror like attacks against such persons as in the article.

User currently offlineWarRI1 From United States of America, joined Sep 2007, 8872 posts, RR: 10
Reply 16, posted (5 years 5 months 4 days 12 hours ago) and read 1603 times:



Quoting LTBEWR (Reply 15):
Perhaps what would help is the use of existing laws to bring criminal charges against the business leaders and inviduals that caused the faudulent and abuse of fiduciary trust deals that have brought the economy of the world to it's knees. Having such persons face jail like Bernie Madoff now does may help to pacifiy some potential terror like attacks against such persons as in the article.

I agree, Justice is what will do the job of calming the water, so far, it has been sorely lacking for these people who caused the problem for us all. They have skipped off so far with millions.



It is better to die on your feet, than live on your knees.
User currently offlineWarRI1 From United States of America, joined Sep 2007, 8872 posts, RR: 10
Reply 17, posted (5 years 5 months 4 days 12 hours ago) and read 1601 times:



Quoting ArmitageShanks (Reply 14):
Who bakes a cake and doesn't eat it? That's just a silly thing to do.

One has to say that the French Royalty baked the cake and were forced to eat it. When you look back, it was a silly and deadly thing to do.



It is better to die on your feet, than live on your knees.
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