FOX Business Concern Trolls for Big Banks over Financial Reform

So I've never posted a short blog entry before but this just really stuck out to me.

From FOX Business Goldman Sachs to Harry Reid: Back Off : 

Why would Wall Street care about the increasingly heated rhetoric? As one senior executive told FOX Business Network: “No one likes to be called a greedy bastard. All these guys at the top of these firms went to top schools, fought their way up the corporate ladder and they give a lot to charity. But just about every day, they are attacked, mostly from the people they support, as scumbags.”   

Thanks anonymous senior executive! Last time I checked mobsters of all sorts, (and here, and here) and other criminals all donate to charities. And last I checked mob bosses have a pretty tough ladder to climb as well. Boo hoo. Why do you think they're calling you scumbags? Not for donating to political candidates, charities, or working hard to get where you are. It's what that work is doing. 

There is also a practical reason to want to language to become less negative: Pols are using the public’s anger over Wall Street bailouts as a tool to drum up support for financial reform that could force banks to pay higher taxes, and remove themselves from certain businesses.

This is what it's all about. Thanks, Fox Business, for making it clear that we need to worry about banks paying higher taxes on, and therefore not being able to be in the business of dangerous derivatives and the sort of financial products that led to the recession.  


But, I guess it's just too hard not to have sympathy for these banksters.

At one point, one of the Goldman executives complained  about being attacked by politicians for receiving large bonuses by saying, "You don't know how expensive it is to live in New York City." 

Pahhhleeze.