Comments on: PLEASE GOD, LET ME FAIL LIKE THIS

By: Mike

Mike — Thu, 18 Oct 2012 07:16:26 +0000

He really should stop pretending that his last name isn’t Bandit.

By: Kiwi

Kiwi — Thu, 18 Oct 2012 06:04:27 +0000

Pandit is a big old twat, just like 99.9% of the CEOs in the world.

By: steve

steve — Wed, 17 Oct 2012 21:55:54 +0000

It doesn’t just happen in the States – British Banks are still rewarding their execs for failing – and the fuss bankers make if anyone dares suggest they should not get their contractual bonuses!
However the deputy governor of the Bank of England did suggest today paying bank bosses in IOUs from their own banks, to give them a “powerful incentive” to ensure they are run safely. Don’t hold your breath.

By: JamesR (the other)

JamesR (the other) — Wed, 17 Oct 2012 18:38:15 +0000

Tar and feathers are so much cheaper.

Citigroup doesn’t deserve to make 1¢ profit.

http://www.classwarfareexists.com/former-british-ambassador-craig-murray-forget-burglars-shoot-a-banker/

By: Cy

Cy — Wed, 17 Oct 2012 18:23:26 +0000

And furthermore:
Pandit says he resigned and had been thinking about it for some time. If you believe that I have a bridge I want to sell you.

By: Cy

Cy — Wed, 17 Oct 2012 18:21:22 +0000

Hi Scott,
This is standard practice for Wall St. and the BIG banks. Everytime a CEO leaves he gets a BIG golden parachute to last him until he gets the top position at another company that he can drive into the ground. Unfortunately, Washington can do nothing to prevent this, and the Boards of Directors approve these things without batting an eye.

By: Will

Will — Wed, 17 Oct 2012 18:06:12 +0000

The idea you would fail in your current business is totally hypothetical as, unlike Mr. Pandit, you have values, care about people (your staff) rather than only yourself, and have a commitment to serve your public rather than exploit them and toss them away. Beyond that, I’m pretty sure you’re far sexier than he is.

By: Carl

Carl — Wed, 17 Oct 2012 17:10:34 +0000

The way some of the biggest corporations are run and they money they give these executives speaks a whole lot about American greed and priorities. If you want to know why many people do not feel accountable for their actions all you have to so is look at Wall Street, Big Banks and many of the big corporations on the stock exchange and the behavior of their CEO’s and the Board of Directors. No one is held accountable for failure or fraud.

By: Gregorio

Gregorio — Wed, 17 Oct 2012 16:42:00 +0000

Some things never change….and most Americans are so disengaged you could tell them the sky is pink and they would believe it.