Could you imagine living in a world where you could commit a crime that ruined the lives of millions of people, caused companies to become obsolete, destroy countries, and in turn, throw the entire planet into economic turmoil? Well, you got your wish.
Meet Dick Fuld.
Dick is a banker. Dick is the CEO of Lehman Brothers. Dick is a very wealthy man. Dick is a dick.
Dick Fuld is just one of the numerous faces that is responsible for the financial collapse that impoverished millions of people around the world. Banks, such as Lehman Brothers, began giving mortgages to people who couldn’t afford to pay them. For such elite business people, you would think that they would be able to grasp the simple concept that if somebody can’t afford something, you shouldn’t sell it to them.
But when the “shock” that many of these mortgages couldn’t be payed and the houses were foreclosed on arose, people like Dick were standing around with their hands out asking for more money.
When they didn’t get this money, they went bankrupt. All of the assets, investments and pensions that average people had with the banks, were gone. That’s theft in my books.
While this is a gross oversimplification of the financial crisis, simply put, in harsh terms: They fucked up the world and have gotten away with it.