General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMass exodus of bankers lately?
World Bank CEO Zoellick resigns
http://business.time.com/2012/02/15/world-bank-president-zoellick-resigns/
Anz Bank CFO Australia resigns
http://www.marketwatch.com/story/anz-bank-cfo-resigns-sparks-management-reshuffle-2012-02-15
Nicaraqua Central Bank Pres Rosales resigns
http://www.businessweek.com/news/2012-02-15/nicaragua-central-bank-head-quits-amid-alba-spat-with-ortega.html
Credit Suisse Chief Joseph Tan resigns
http://www.businessweek.com/news/2012-02-17/credit-suisse-s-private-bank-chief-asian-economist-tan-resigns.html
German President Christian Ruff resigns
http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html
Royal Bank of Scotland Austrailin CEO Stephen Williams resigns
http://blogs.wsj.com/dealjournalaustralia/2012/02/15/rbs-australia-head-to-step-down/
Kuwait Central Bank CEO resigns
http://www.washingtonpost.com/business/industries/kuwait-central-bank-chief-resigns-amid-political-tensions/2012/02/13/gIQAcxrOAR_story.html
Slovenia TWO largest Banks CEO's (2) resign
http://www.bloomberg.com/news/2012-02-15/slovenia-s-nova-kreditna-banka-maribor-ceo-plos-resigns.html
Bank of India CEO Chaturvedi resigns
http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html
Tamilnad Mercantile Bank CEO resigns
http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259/
phantom power
(25,966 posts)fascisthunter
(29,381 posts)just for a pathetic vanity of greed.
Zalatix
(8,994 posts)[img][/img]
malaise
(269,237 posts)Slash, burn and leave
Earth_First
(14,910 posts)This is way too many central bank/ceo's at one time to be coincidental...
Mnemosyne
(21,363 posts)Something wicked this way comes, and they know it. POS's.
I actually own a pitchfork, but wouldn't want it messed up by those shits.
hobbit709
(41,694 posts)I think I still have a couple of tiki torches in the shed.
Mnemosyne
(21,363 posts)dixiegrrrrl
(60,010 posts)This one is really BIG:
Blankfein out as Goldman Sachs CEO by Summer?
FORTUNE -- Lloyd Blankfein may step down as chief executive of Goldman Sachs as early as this summer; and president and chief operating officer Gary Cohn is the lead candidate to replace him, according to a Goldman executive and a source close to the firm.
http://finance.fortune.cnn.com/2012/02/17/gary-cohn-goldman-sachs/
Swiss central bank head resigns
Posted: 09 January 2012 2149 hrs
ZURICH - The embattled head of the Swiss central bank, Philipp Hildebrand, announced his resignation on Monday with immediate effect after being caught up in a scandal over foreign exchange trades by his wife.( not to be confused with Credit Suisse)
http://www.channelnewsasia.com/stories/afp_world_business/view/1175700/1/.html
Argentina's central bank head Martin Redrado has resigned.( Jan. 31)
http://www.newkerala.com/news/fullnews-41593.html
West African central bank head resigns over Ivory Coast; bank asks Ouattara to choose new head
http://africabusiness.com/2011/01/22/wafrica-bank-head-resigns-over-ivory-coast/
Slovenia TWO largest Banks CEO's (2) Resign
http://www.bloomberg.com/news/2012-02-15/slovenia-s-nova-kreditna-banka-maribor-ceo-plos-resigns.html
Warpy
(111,397 posts)We've been through the mess created by the CDO failure when the real estate bubble popped.
The next will be the implosion of the derivatives market. If we are very, very lucky it will happen slowly, over months. If things go true to form, money will disappear overnight.
I'm sure some of these guys see it coming, although it is impossible to predict when it will happen. It might be tomorrow, it might not happen for five years or more.
But it will happen. It has to happen.
onethatcares
(16,195 posts)had a puff piece about Jamie Dimon with Dimon saying "can't we just move on and forget the banks involvement in the financial disaster"
I didn't see anything about him leaving Chase but I certainly wish he would.
(edited to add last sentence)
gratuitous
(82,849 posts)I mean, we can argue all day about who tanked who's economy and who made reckless investments and now is expecting another bailout from working people, but the truth of the matter is that the banksters are really mad, too. So why don't we all just agree that everybody's mad at everyone else, and just go from there? Now, we were just at the point where everyone had agreed to work for the next ten years or so to make good on the most speculative bets the Big Money Boyz could dream up. You don't want these captains of industry to lose money, do you? You don't hate the free markets, do you? Let's all work with a will and a happy disposition to make sure that the great and good free markets continue to operate as they should, to the exclusive benefit of those who have more money than they know what to do with.
Progression
(30 posts)Forgive the banks for their crimes just like that? They will not escape their punishment that easily.
Ebadlun
(336 posts)This is like Atlas Shrugged for real!
DCKit
(18,541 posts)raouldukelives
(5,178 posts)Thanks for the much needed laugh.
ProdigalJunkMail
(12,017 posts)lonestarnot
(77,097 posts)dixiegrrrrl
(60,010 posts)Seems ominous, doesn't it?
nolabels
(13,133 posts)I too hope the bubble deflates slowly but for some reason i doubt it