Capital Commerce

The 25 People Who Screwed Up the World

January 27, 2009 RSS Feed Print

Who are the 25 people most responsible for screwing up the global economy? The Guardian takes a (somewhat U.K.-centric) shot at identifying them:

1) Alan Greenspan, chairman of US Federal Reserve 1987- 2006

2) Mervyn King, governor of the Bank of England

3) Bill Clinton, former US president

4) Gordon Brown, prime minister

5) George W Bush, former US president

6) Senator Phil Gramm

7) Abby Cohen, Goldman Sachs chief US strategist

8) Kathleen Corbet, former CEO, Standard & Poor's

9) "Hank" Greenberg, AIG insurance group

10) Andy Hornby, former HBOS boss

11) Sir Fred Goodwin, former RBS boss

12) Steve Crawshaw, former B&B boss

13) Adam Applegarth, former Northern Rock boss

14) Dick Fuld, Lehman Brothers chief executive

15) Ralph Cioffi and Matthew Tannin, Bear Stearns

16) Lewis Ranieri, mortgage finance guru

17) Joseph Cassano, AIG Financial Products

18) Chuck Prince, former Citi boss

19) Angelo Mozilo, Countrywide Financial

20) Stan O'Neal, former boss of Merrill Lynch

21) Jimmy Cayne, former Bear Stearns boss

22) Christopher Dodd, chairman, Senate banking committee (Democrat)

23) Geir Haarde, Icelandic prime minister

24) The American public

25) John Tiner, FSA chief executive, 2003-07

Me: I think it goes a little light on Congress. No teflon for Clinton. Where's Robert Rubin? Where's Barney Frank? Bush tried to reign in Fannie and Freddie. Where is Franklin Raines?

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Phil Graham accomplished what he set out to do, he covertly repealed Glass-steagal and help create the mess we have today. He was aware that this this law was instituted to prevent another great depression. By secretly repealing the law he created the environment in which we find ourselves today, and he has enriched his partners in crime. There should be massive prosecutions and the jails should be filling up with Graham and goldman and many others.

g8 of MD 2:27PM October 14, 2011