From AlJazeera: The first of a four-part investigation into a world of greed and recklessness that brought down the financial world – the story of the people who destroyed the US and global economy.

The whole game is increasing your bonus. You don’t go into the city to do the world some good. You go there to make money as quickly as possible, and if that means lying, cheating and stealing that’s what you do.

The way people were behaving was a rational way of behaving in the context of the bonus system and the lack of regulation.

–Geraint Anderson

http://www.youtube.com/watch?v=6zZ_JfROhOE

WATCH PARTS 2, 3 and 4 HERE: http://antemedius.com/content/meltdown-men-who-crashed-world#parts2-3-4

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Crossposted from Antemedius

Edger

Edger

Founder/admin of:

Antemedius: Liberally Critical Thinking
http://www.antemedius.com/

and OOIBC: Out Of Iraq Bloggers Caucus
http://www.antemedius.com/joinOOIBC

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