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Here's the Poster Boy for Greed on Wall Street

By       Message Roger Shuler       (Page 1 of 3 pages)     Permalink    (# of views)   No comments

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View Ratings | Rate It Headlined to H3 10/11/11

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Cross Posted at Legal Schnauzer

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In October 2010, CEO Ted Rollins helped Campus Crest Communities complete a Wall Street IPO of more than $350 million.

In October 2011, we reported that Ted Rollins' ex wife and his two teen-aged daughters are on food stamps in Alabama.

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That provides all the information you need to know about the kind of people who are favored in America's high-stakes financial sector. It also puts a new face on the protests against Wall Street that are sweeping the nation.

Ted Rollins teaches us an important lesson: Corporate fat cats not only will screw around with the general public, causing untold harm to our economy on a macro scale; they also are "bastard-coated bastards with bastard filling" on a micro scale, in some cases cheating their own children.

Here is another lesson to remember: Behind most crooked CEOs is a crooked lawyer--or in some cases, a whole army of crooked lawyers. Everyday Americans should not be angry with just corporate titans; they also should direct heavy-duty anger toward lawyers, who too often serve as nothing more than grossly overpaid enablers.

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Author Naomi Klein has called the Occupy Wall Street movement "the most important thing in the world now." Writes Klein:

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I live in Birmingham, Alabama, and work in higher education. I became interested in justice-related issues after experiencing gross judicial corruption in Alabama state courts. This corruption has a strong political component. The corrupt judges are (more...)

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