On February 24, 2009 By Karl Deeter In mortgagesWith 2 CommentsTags: 100 % mortgages ireland, 100% first time mortgage, affordable house dublin, affordable housing, apply for mortgage GO TO JAIL! Do not pass go, do not collect €200 million
I don’t think you can compare an ordinary working person with those that are in a position of authority and have a responsibility to make sound financial judgments in the interest of the economy or sound financial reasoning and not because of greed, it’s like comparing apples and oranges. Ultimately we will all play our part during these times but the problem is that these people are then not accountable for their actions and walk away with golden handshakes etc.I normally agree with you on this blog but not in this case, surely these people if found guilty of any wrong doing, must pay the penalty whether it be a criminal case or being fired (without golden handshakes, hefty pensions etc). All I want is integrity at the executive level in the financial and political sector which I don’t feel we have at all. Does anyone in the finance industry really have a clue as to what they were and are doing?
I think a re-read of the final paragraph will show you that we are not on opposite sides of the valley on this one! I totally agree that anybody found guilty of wrong doing should be made to answer for it, if the wrong doing is a known thing for which there are laws against, totally in favour of them being sentenced.