Charles O. Prince III, Citigroup’s former chairman and chief executive, apologized for the billions of dollars of losses that caused the company he helped build to nearly collapse. The bank required three government rescues and some $45 billion in taxpayer aid.Apology not accepted, gentlemen. Return our trillions, give the thousands of American families who have lost their homes, give us our 8 million lost jobs back, and make sure this never happens again.
“I’m sorry the financial crisis has had such a devastating impact for our country,” Mr. Prince told the commission. “I’m sorry about the millions of people, average Americans, who lost their homes. And I’m sorry that our management team, starting with me, like so many others could not see the unprecedented market collapse that lay before us.”
Robert E. Rubin, an influential Citigroup board member and adviser, also showed some contritionbut stopped short of accepting personal responsibility for the bank’s woes.
“We all bear responsibility for not recognizing this, and I deeply regret that,” Mr. Rubin said.
That's for starters. You're sorry? Screw you. You and people like you ruined countless American lives, homes, jobs, families, communities and companies through your ignorance and greed. How many millions were in your golden parachute there, boys?
You couldn't see the collapse coming because you were blinded by sheer greed.
We want our country back, thanks. Pay up.
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1 comment:
Actually apologizing is a good start
Has anyone else done that? Any other CEO's for big companies that took bailout money?
Hmm, sure let's jump on the first guy that comes out an ensure no one does that again.
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