When Poplulist Rage Attacks
By Markham Lee on May 21, 2009 | More Posts By Markham Lee | Author's Website
…..AKA the punch most of the country wishes they could throw
All that being said: while the bankers and MBAs deserve a lot of the anger that is being directed at them, let’s not forget that this crisis is truly a perfect storm of bad decision making on the part of corporations, bankers, politicians AND consumers. One of the things that continues to concern me is that so many people view this crisis as something that the bankers “did to the country”, and are ignoring the role that other actors played in the crisis.
I say this because we’re not going to prevent future crises if we only focus on one aspect of it.
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