The French economy minister said it was futile to continue castigating bankers for their role in the financial crisis, arguing that attention should shift to making sure the banks returned to their core role of financing growth. “It’s time for accountability from everybody, not for bashing,” Lagarde said at a banking conference in Paris on Tuesday. [Dealbook]
banker bashing
There’s been much talk about some bankers booking all of Wall Street surrounding area’s hotel rooms today, but if you want to be really charitable, just move your drunken asses from Stone Street’s bar stools and head to Vegas. The Ritz-Carlton, owned by a DB arm, is closing down, due to the “AIG-effect.” Maybe if enough people get out there we can save this place.