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May 12, 2009

Goldman exec says tough luck.....suckers

Editor's note: This is the way the media rolls in Germany. Too bad the media in the US doesn't have the cajones to ask questions like these:
'Some Aspects of Our Industry Seem Greedy'

The investment bank Goldman Sachs is back in the black. SPIEGEL spoke with the chief executive of its German operation about finance industry greed, the morals of banking and who should be blamed for the global financial meltdown.

SPIEGEL: Mr. Dibelius, bankers worldwide have behaved shamelessly and irresponsibly in recent months. Do you feel complicit?

Dibelius: Yes, and I also want to face up to the debate. In retrospect, some aspects of our industry seem greedy, self-centered and unrealistic, as if the industry had no concern whatsoever for the society around it.

Read the full story- Click here

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