Monday, January 26, 2009

Twenty-five people at the heart of the meltdown ...

Guardian, UK

The worst economic turmoil since the Great Depression is not a natural phenomenon but a man-made disaster in which we all played a part. In the second part of a week-long series looking behind the slump, Guardian City editor Julia Finch picks out the individuals who have led us into the current crisis ...

  • Alan Greenspan, chairman of US Federal Reserve 1987- 2006
  • Bill Clinton, former US president
  • Gordon Brown, prime minister
  • George W Bush, former US president
  • Senator Phil Gramm
  • Abi Cohen, Goldman Sachs chief US strategist
  • "Hank" Greenberg, AIG insurance group
  • Andy Hornby, former HBOS boss
  • Sir Fred Goodwin, former RBS boss
  • Steve Crawshaw, former B&B boss
  • Adam Applegarth, former Northern Rock boss
  • Ralph Cioffi and Matthew Tannin
  • Lewis Ranieri
  • Joseph Cassano, AIG Financial Products
  • Chuck Prince, former Citi boss
  • Angelo Mozilo, Countrywide Financial
  • Stan O'Neal, former boss of Merrill Lynch
  • Jimmy Cayne, former Bear Stearns boss
Others:
  • Christopher Dodd, chairman, Senate banking committee (Democrat)
  • Geir Haarde, Icelandic prime minister
  • The American public
  • Mervyn King, governor of the Bank of England
  • John Tiner, FSA chief executive, 2003-07
  • Dick Fuld, Lehman Brothers chief executive

... there's the indictment, now get the details in the Guardian after the click.

1 comment:

Unknown said...

Well, it's no surprise that Greenberg is unhappy with AIG and that he hasn't been there for a really long while... So I'm not sure why he gets to be on the list...