Thank you to the loyal readers and supporters of The Colorado Independent (2013-2020). The Indy has merged with the new nonprofit Colorado News Collaborative (COLab) on a new mission to strengthen local news in Colorado. We hope you will join us!
The U.S. financial system faces a grave crisis as investment giants teeter on the edge of collapse. These institutions aren't merely made of paper and percentages, though. They're led by people — people who've made some rotten decisions in recent years. Whereas we'll hear much in the coming weeks about the federal regulators who are scrambling to avert a disaster, we should also hear about the CEOs who got very rich while their firms crumbled.