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26 January, 2009

Twenty-five people at the heart of the meltdown ...

From The Guardian UK

The worst economic turmoil since the Great Depression is not a natural phenomenon but a man-made disaster in which we all played a part. In the second part of a week-long series looking behind the slump, Guardian City editor Julia Finch picks out the individuals who have led us into the current crisis.

The following 25 people have been named as major players in the economic meltdown, including “The American People.”

Alan Greenspan, chairman of the US Federal Reserve 1987-2006


Bill Clinton, Former US President

Gordon Brown, Prime Minister

George W. Bush, Former US President

Senator Phil Gramm

Wall Street/Bankers

Abi Cohen, Goldman Sachs Chief US Strategist

"Hank" Greenberg, AIG Insurance Group

Andy Hornby, Former HBOS Boss

Sir Fred Goodwin, Former RBS Boss

Steve Crawshaw, Former B&B Boss

Adam Applegarth, Former Northern Rock Boss

Ralph Cioffi and Matthew Tannin, Bear Stearns bankers

Lewis Ranieri, The "godfather" of mortgage finance

Joseph Cassano, AIG Financial Products

Chuck Prince, Former Citi boss

Angelo Mozilo, Countrywide Financial

Stan O'Neal, Former Boss of Merrill Lynch

Jimmy Cayne, Former Bear Stearns Boss


Christopher Dodd, Chairman, Senate Banking Committee (Democrat)

Geir Haarde, Icelandic Prime Minister

The American Public

Mervyn King, Governor of the Bank of England

John Tiner, FSA Chief Executive, 2003-07

Dick Fuld, Lehman Brothers Chief Executive

... and Six More Who Saw It Coming

Andrew Lahde, Hedge Fund Boss

John Paulson, Hedge Fund Boss

Professor Nouriel Roubini

Warren Buffett, Billionaire Investor

George Soros, Speculator

Stephen Eismann, Hedge Fund Manager

Meredith Whitney, Oppenheimer Securities

Kathleen Corbet, Former CEO, Standard & Poor's

(I count 8. Oh, plus me. I saw it coming, didn't you? ; )

1 comment:

  1. You have forgotten two important people; Peter Cummings, Bank Of Scotland and Lord Stevenson of Coddenham, HBOS. must give them their dues, they really do deserve to be on your list.