Dear Abby Joseph Cohen: How many entities does it take to cause a meltdown?

Do you feel any responsibility for the economic meltdown of 2008, which you failed to foresee?
That’s an odd question to be asking me.

Because?
I did not think that was part of what we were going to be talking about.

We’re talking about your life; there was a big meltdown in 2008. I’m wondering, how do you deal with that emotionally?
I would say that the causes of the meltdown were multiple, and it is a mistake to point a finger at any one entity. And that these problems took place not just in the United States. This was a very unfortunate confluence, bad decisions made by many different entities.

Pathetic answers from a Goldman Sachs entity.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s