Wednesday, January 21, 2009

The Great Bank Robberies of the Century

Being in the bainking industry for as long as I have, the banks today have very sophisticated procedures and alarm systems to prevent thefts. Well they failed miserably. The banks got ROBBED by the people that were supposed to be maintaining the security systems. Its amazing to me that the former CEO's of Wachovia, Citibank, Merril Lynch, Washington Mutual, Countrywide and every other bank out there that failed are not SITTING IN A JAIL CELL waiting trial for robbing the bank. The question that is most unanswered today is WHERE DID THE MONEY GO?, and will these guys be prohibited from ever sitting on the board of a bank again? Well time will tell.