Life isn’t fair (unless you work on Wall Street)
It’s all over the news, another one of Wall Street’s (alleged) finest is down on their luck. And apparently luck is the key word here for Lehman Brothers and the like. For one of the many NY Times stories please click here. Can someone please explain to us how in the best of times these outfits are allowed to declare themselves geniuses and then anoint themselves with over the top bonuses, as if they had in fact mastered the universe. Yet, when the current they’d been swimming in – at what we were told were actual world record breaking in speeds – changes they all suddenly are calling for a lifeguard.
Granted, one has to feel some empathy for almost anyone who loses their job. We’ve all been there at one time or another. But it’s difficult to shed too many tears for people who (hopefully) pay more in taxes than most normal people make in a couple of years. Live by the sword, die by the sword, eh? What’s really sad is the millions of little guys who are really suffering Wall Street’s consequences.
It’s hard to believe that there isn’t anything criminal about this mess. Talk about a lesson in what leadership is not.