Monday, February 09, 2009

What Would You Tell A Bank CEO?

MoveOn asked the question "What Would You Tell A Bank CEO?"

Seems some CEO's might be asked some hard questions in committee in DC this week. They might cry a bit, and hope they can make it home without losing their pants. Or their place in line in Jackson Hole.

Don't know what you would do, but this is what I said:

Hey Bank President:

1/ Do you spend 50% of your take-home on rent?

2/ Are your incomes flat—for the last 15 years?

3/ Are you unable to take time off for healthcare because that would cut into your hourly pay?

4/ Have you missed a credit card payment and been told by the bank that your APR is now 25%?

No. Didn't think so.

I spit in your face. If I saw you walking by the side of the highway pushing a shopping cart, looking for cans and bottles, I'd be tempted to hit you. Just to watch you fly.

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