caught my eye in passing

From  the NYTimes: http://news.bbc.co.uk/2/hi/business/7620847.stm

"We've gone from a golden era of banking and financial services,"
said Kenneth D. Lewis, the chief executive of Bank of America as the
bank he heads prepared to buy Merrill Lynch.

"It's going to be tougher," Mr. Lewis said. "There are going to
be fewer companies, and we are going to have to be better at what we do

A "golden era" for whom, exactly?
Deregulated, irresponsible greedy bastards who have basically sacked the American middle class?
By "better" does he mean, dare I say it, responsible?
What a notion.

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5 responses to this post.

  1. Gah.Some of those guys are up to their you-know-what's in golden eggs and parachutes…..and in the past few days two of my friends (55 and 58) in mid-executive level positions at major (BIG) pharma companies were told to skedaddle. At least they got retirement bennies. I was too young.

    Reply

  2. I'm thanking my lucky stars that I left the mortgage industry to become a librarian. Public Service probably sounds good to those packing up their things right now.

    Reply

  3. Responsibility?! For big companies?! *blink blink* That would be the day…

    Reply

  4. According to the BBC news last night, this is only the beginning. Things are going to get much worse. Oh yay.

    Reply

  5. I believe he means better at hiding it.

    Reply

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