Jim Rogers nimmt keine Gefangenen
10. März 2009 von Peter
Maria Bartiromo spricht in der BusinessWeek mit Jim Rogers, dem “Jugendpartner” von George Soros in dessen Quantum Fond. Rogers weiß zwar nicht unbedingt die Namen derer die er kritisiert, aber dafür kritisiert er sie umso heftiger.
Rogers: They all took huge, huge profits. Who was the head of Citigroup? Chuck Prince? I mean, how many hundreds of millions of dollars did Prince take out of the company? How many hundreds of millions of dollars did other Citibank execs take out of the company? Wall Street has paid something like $40 billion or $50 billion in bonuses in the past decade. Who was that guy who was the head of Merrill Lynch
Bartiromo: Stan O’Neal?
Rogers: Right, Stan O’Neal. He got $150 million for leaving, even though he ruined the company. Look at the guy at Fannie Mae (FNM), Franklin Raines. He did worse accounting than Enron. Fannie Mae and Freddie Mac (FRE) alone did nothing but pure fraudulent accounting year after year, and yet that guy’s walking around with millions of dollars. What the hell kind of system is this?
Auch sonst ist Rogers in seinen Aussagen direkt und eindeutig: Citigroup, AIG, GM, etc. sie alle sollen in Konkurs gehen, schließlich gehen die Bail-Outs auf Kosten derer die sich vernünftig Verhalten haben und das ist für Rogers “outrageous economics, and it’s terrible morality”.
Und auf eine schneller Erholung des Weltmarktes brauchen wir uns auch nicht “vorbereiten”.
First of all, banks and investment banks and insurance companies have been failing for hundreds of years. Yes, we would’ve had a terrible two years. But you’re dragging out the pain. We had 10 years of the worst credit excesses in world history. You don’t wipe out something like that in six months or a year by saying: “Oh, now let’s wake up and start over again.”
