overground scene

The untouchable elite
November 14, 2008, 11:15 am
Filed under: Uncategorized | Tags: , , ,

Some of the Hedge Fund managers partly responsible for the global financial crisis, not only blamed the system they created but also explained us the conditions under which one is allowed to be irresponsible and greedy without feeling guilty. Apparently, if you have struggled your whole life to finally achieve a huge pay you are allowed to be corrupt. Furthermore, if your parents were poor and struggled to raise you, you then qualify for being greedy and corrupt. Last but not least, if your paycheck reflects the returns to your investors (god forbid!) then you are allowed to try to be profitable by bribing politicians, coming up with new toxic financial products, and so on. These are the concusions from the testimonies of George Soros, Philip Falcone and John Paulson. Here is the article from the Financial Times. And here is the article from Napalm Death…


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