Now, Say You’re Sorry!

Of course, the “never apologize, never explain” dictum is not restricted to bankers. But few expect the current crisis to usher in a new dawn of humility in financial services.

Read the entire article by Reuters by clicking the link below.

http://www.reuters.com/article/ousiv/idUSTRE49J01U20081020?pageNumber=4&virtualBrandChannel=0

I certainly think, after a line up, mug shots, and fingerprints, that an apology before their jury trials would be helpful. What? No trials?

An apology would mean absolutely NOTHING to this average joe without an orange jumpsuit on the horizon.

As far as foregoing obscene bonuses that were pretty incomprehensible to most people, anyway (bonuses were better when everyone thought that these people were smart- clearly, they’re not) I liken it to giving up seconds on dessert- not a big deal, unless you’re a pig.

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