The 10 people most reponsible for the recession

michaels

I would change the order - Greenspan at the top for the famous Greenspan put and our own GB second - after all the whole FSA BoE regulation fiasco was wet up by Mr Brown. I guess in theory Mr Bush was responsible for Mr Greenspan but the sad thing is Mr Bush seems to pathetic to blame for the actions of his underlings.

SGE1

Well well well, who would have thought, the Times bowing to cheap scapegoating...

Unless you're frothing at the mouth like an insane dog, hell bent on blaming your problems on someone to comfort yourself, with a bit of rational thinking, you'll realise that the causes of the recession are more complicated than that. It's a worldwide phenomenon, caused by a number of factors coming together, and exacerbated perhaps by some of the people on that list - but they didn't single-handedly cause it. At the end of the day, the banking sector as a whole, across the world, lending to people who couldn't afford repayments, was the instigator of the recession.

bo_drinker

Pound wrote: »

I might have known a woman had something to do with this

Like the Castlemaine XXXX ad where they put the bottle of sherry on the truck and the suspension collapses. :rotfl: :rotfl:

Dylanwing

So, we confiscate all of their, and their immediate family's personal assets. Simple really.

Generali

Dylanwing wrote: »

So, we confiscate all of their, and their immediate family's personal assets. Simple really.

Seems a bit unreasonable to have your house taken because your Dad did some ill-advised things.

handful

I see slippery TB escapes the list. I wonder if that would be the case if he was still in office.....he must be the luckiest politician ever and must be laughing his socks off!

exil

dervish wrote: »

1. Gordon Brown.
2. Gordon Brown.
3. Gordon Brown.
4. Gordon Brown.
5. Gordon Brown.
6. Gordon Brown.
7. Gordon Brown.
8. Gordon Brown.
9. Alastair Darling
10. Gordon Brown.

NOt sure how they can be blamed for a global recession on their own. Especially Darling who was only a wee boy when the boom started. Or were you not being entirely serious?

napoleon

tommy75 wrote: »

http://timesbusiness.typepad.com/money_weblog/2009/01/the-ten-men-to-blame-for-the-credit-crunch.html

There should be a few buy to let spivs in that top 10 list of shame

PayDay

13. Labour voters

exil

Haven't the Tories been saying for years that the only reason we were having a boom is because Labour were following Tory policies? What exactly would they have done differently?