Posted On: October 7, 2008, 3:18 pm CDT

Posted By: Pud

Corporate greed is corporate greed. Ramani Ayer cashed in I believe 7.6 million dollars stock earlier in the year.You can't tell me this man didn't see this coming!
These and other management are there to anticipate 5-10 years ahead of the present to keep the companies a float.
It's a shame to see such a company with a history of 100 better years of service be flushed down the toilet in the flicker of a light bulb
Then the roller coaster affect.
The reason the markets are the way they are is because of greed.I really can't understand why The National Association Realtors and Mortgage Brokers are not being held accountable for this problem.
They were the one's that led the less intelligent to take out mortgages for more than they could afford,did not tell them what an ARM was or that local taxes and appraisals cause increases in monthly payments.
This country relies on credit to much.I save my money when I want to buy something and live within my means.If i can't afford something I want I don't apply for credit and finance it.To many Americans have been programmed that this is the way to realize the American dream.
Now the banks should also be held responsible.Tell me how many of you do not receive a half dozen credit card offers in the mail each week,if not,each month!
This entire BS is brought about Insurance Companies CEO's and CFO's pulling these stock bonuses twice each year and they crying wolf.