Time magazine’s List:

1. Angelo Mozilo – Co-founder and former head of Countrywide …
2. Phil Gramm – Chairman of the Senate Banking Committee from 1995 through 2000 …
3. Alan Greenspan – Former chairman, Federal Reserve …
4. Chris Cox – Former chairman, Securities and Exchange Commission …
5. American Consumers …
6. Hank Paulson – Former Secretary of the Treasury …
7. Joe Cassano – Founding member, AIG’s financial-products unit …
8. Ian McCarthy – CEO, Beazer Homes …
9. Frank Raines – Former chairman and CEO, Fannie Mae …
10. Kathleen Corbet – Former CEO, Standard & Poor’s …
11. Dick Fuld – Former CEO, Lehman Brothers …
12. Marion and Herb Sandler – Former heads, World Savings Bank …
13. Bill Clinton – Former U.S. President …
14. George W. Bush – Former U.S. President …
15. Stan O’Neal – Former CEO, Merrill Lynch …
16. Wen Jiabao – Premier, China …
17. David Lereah – Former chief economist, National Association of Realtors …
18. John Devaney – Hedge fund manager …
19. Bernie Madoff – Ponzi scheme orchestrator …
20. Lew Ranieri – Father of mortgage-backed securities …
21. Burton Jablin – Programmer at Scripps Networks, which owns HGTV …
22. Fred Goodwin – Former chairman and CEO, Royal Bank of Scotland …
23. Sandy Weill – Former chairman and CEO, Citigroup …
24. David Oddsson – Former Prime Minister, Iceland …
25. Jimmy Cayne – Former chairman and CEO, Bear Stearns.

I don’t necessarily agree with the list. I would add Barney Frank who pressured financial institutions and promoted legislation to expand homeownership to individuals who were incapable of meeting their debt obligations.

I would also of added Treasury Secretary Rubin who promoted the repeal of the Glass-Steagall Act.

What are your thoughts on Time Magazine’s list?

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