New York Times (April 11)
2010/ 04/ 11 by jd in Global News
The Financial Crisis Inquiry Commission is holding public hearings where leaders of failed financial companies are saying, “I’m sorry.” The New York Times neither accepts these apologies nor believes claims that, like others, the financial executives simply were unable to anticipate the crisis. “The crisis was the result of irresponsibility and misjudgments by many people.” The newspaper is convinced the apologizing executives epitomize “the financial recklessness that ruined the economy.”