naming names: Naming Names: Anderson Cooper’s Top Culprits of Collapse..#3 James Cayne of Bear Stearns - 10/23/08 04:00 AM
Naming Names:  Top Culprits of Collapse...John Prescott's The MetWest Scene
Posted on October 23, 2008 by bostonkayakguy 
Image by Getty Images via Daylife
 
Culprits of the Collapse - #3 James Cayne/Bear Stearns
Gary Tuchman reports…

Disconnected, bridge playing, pot smoking CEO?  Unaware of the enormous risks management was taking in the subprime markets?
Or savy long-term veteran who played his cards wrong?
Walked away with $61 million from sale of his entire block of Bear Stearns stock.
Watched personal wealth of Bear Stearns shareholders and employees plummet.
Bear Stearns’ James Cayne: once #354 on the Forbes 400.
…Now … (1 comments)

naming names: Naming Names: Anderson Cooper’s Top Culprits of Collapse..Angelo Mozilo of Countrywide.. - 10/22/08 02:24 AM
Naming Names: Anderson Cooper’s Top Culprits of Collapse..Angelo Mozilo of Countrywide..  John Prescott’s The MetWest Scene
Posted on October 22, 2008 by bostonkayakguy 
Naming Names:Anderson Cooper’s the Top Culprits of the Collapse unveiled Countrywide’s Angelo Mozilo as the 4th member of the pyramid of greed.
David Mattingly reports:


No mention is made of the VIP loans Mozilo is alleged to have made to two senators, two former cabinet members, and former US ambassador Richard Holbrooke.
Senator  Chris Dodd, chairman of the Banking Committee, and the chairman of the Budget Committee Senator Kent Conrad, along with former HUD secretary … (2 comments)

naming names: Naming Names: Culprits of Collapse..Just the Beginning..John Prescott's The MetWest Scene - 10/19/08 06:49 AM
Naming Names: Who Made Anderson Cooper’s First Cut of Culprits of the Collapse?
Posted on October 19, 2008 by bostonkayakguy
Anderson Cooper’s Top Culprits of the Collapse ended the week realizing that culpability extended well beyond the number 10.  So CNN will continue reporting on the Culprits, and we’ll have to stay tuned…
The first 5 culprits include Joe Cassano/AIG, Richard Fuld/Lehman, Chris Cox/SEC, Phil Gramm/former US senator, Alan Greenspan/former FED chairman, and Ian McCarthy/Beazer Homes.
Since CNN’s report first began airing, a number of news items and investigations have been announced…
 
#5 Beazer Homes/Ian McCarthy

- … (2 comments)

naming names: Anderson Cooper Really Does Have Something in Common with Joe the Plumber ...John Prescott's The MetWest Scene - 10/17/08 06:09 AM
Anderson Cooper: Sludge Buster!...John Prescott's The MetWest Scene
Posted on October 17, 2008 by bostonkayakguy
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Naming Names: Anderson Cooper’s Top Culprits of the Collapse…
Well as the minions at CNN waded through the detritus of the financial markets infrastructure, it seems that it became apparent that the problems that ate away at the underpinning of the US economy extended far beyond the number 10.
CNN’s The Morning Buzz announced that the TOP TEN CULPRITS OF THE COLLAPSE has now morphed into the broader “Top Culprits….”
No end in sight to the numbers of culprits that fell … (0 comments)

 
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