Wednesday 4 March 2009

Abigail Hofman: Schadenfreude, thy name is credit crunch(Registration required)


Eighteen months ago, the chief executives of major financial firms were revered. We envied their elevated status – the jets, the bodyguards, the limousines and the layers of gatekeepers. Now these men are reduced to squirming schoolchildren who’ve been caught stealing from the communal cookie jar.

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