[quote]pat wrote:
These bastard-cocksucking, asslicking, dickheads made millions by trashing their companies. Shit I need to get in on that gig. I can ruin any company in no time flat and take home over a hundred-million. I don’t even need a college degree to fuck something up.
Mean while these fuckers ruin the company, cost thousands their jobs and countless others their homes, and they get millions for it. Where did I go wrong?[/quote]
They definitely got greedy and were overextended in terms of their risk - though two of the CEOs here were of investment banks, and only one from a mortgage company.
This is quite informative really:
http://www.whatswrongwiththeworld.net/2008/02/how_dodgy_debt_becomes_a_highg.html
However, if you really want to get rich, start a hedge fund. You get a management fee of around 2% of assets, and then you get to keep around 20% of any profits.