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華爾街的道歉蒼白無力
 作者: Larry Doyle    時(shí)間: 2011年05月20日    來源: 財(cái)富中文網(wǎng)
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華爾街犯下的過錯(cuò),絕非一聲道歉便可煙消云散。
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????“我很抱歉。真的,我的本意并非如此……呃,我的意思是我們的本意并非如此。我希望沒人受到很大傷害。哦,對(duì)不起,如果你確實(shí)受到了很大傷害。我是認(rèn)真的,我們是認(rèn)真的。我認(rèn)為當(dāng)初我們的本意是好的,但事情就是有點(diǎn)失控了。將來我們一定會(huì)盡力避免此類事件再發(fā)生……不,不會(huì)再發(fā)生。這次,我們絕對(duì)說到做到。你還能信任我們嗎?拜托了?”

????你是在和我開玩笑嗎?在那些華爾街菁英以及華盛頓的監(jiān)管官員們種種無知無畏而又無法無天的行為將我們的市場(chǎng)和經(jīng)濟(jì)推下懸崖后,我們能聽到的就只是一聲“抱歉”嗎?

????是誰在進(jìn)行這些蒼白無力的道歉?

????比如,摩根大通(JPMorgan Chase & Co.)的首席執(zhí)行官杰米?戴蒙和前美聯(lián)儲(chǔ)(Fed)副主席唐納德?科恩。本周二,戴蒙在俄亥俄州哥倫布市舉行的摩根大通年度股東大會(huì)上就說了這么多。以下源自彭博新聞社(Bloomberg):

????摩根大通董事長兼首席執(zhí)行官杰米?戴蒙表示,他對(duì)公司一些不當(dāng)?shù)闹冠H收屋行為表示歉意,但數(shù)百位抗議者在年度股東大會(huì)上要求他采取行動(dòng),幫助購房者和小企業(yè)走出金融危機(jī)陰影。

????對(duì)于過去犯下的任何過錯(cuò),“我們表示深深的歉意”,現(xiàn)年55歲的戴蒙周二在年度股東大會(huì)上表示,“我們正在盡一切可能,幫助那些理應(yīng)住在自己房子里的人們繼續(xù)住下去?!贝髅杀硎?,他特別感到抱歉的是公司錯(cuò)誤地收回了現(xiàn)役軍人的房屋,并弄錯(cuò)了其他被收屋者的一些文書。年度股東大會(huì)是在美國俄亥俄州哥倫布市一棟200萬平方英尺的寫字樓中召開的。

????戴蒙的道歉與周三《金融時(shí)報(bào)》(Financial Times)報(bào)道的唐納德?科恩“走近耶穌”的聲明堪稱絕配:

????“對(duì)于金融危機(jī)給美國及全球數(shù)百萬人帶來的痛苦,我深感歉意……主要責(zé)任在于私營部門——那些根據(jù)信貸評(píng)級(jí)買賣這些證券的人。但我同意監(jiān)管部門也存在失察?!?/p>

????“監(jiān)管部門未對(duì)本應(yīng)引起警覺的風(fēng)險(xiǎn)做出反應(yīng),即便是他們看到的風(fēng)險(xiǎn),也未有效地向業(yè)界管理層進(jìn)行風(fēng)險(xiǎn)提示或采取行動(dòng),這些都是他們本來應(yīng)該做的。所有這些顯然都有事后諸葛亮之嫌?!?/p>

????那么科恩,“如果當(dāng)時(shí)這些監(jiān)管部門對(duì)現(xiàn)實(shí)狀況失察,”他們當(dāng)時(shí)究竟在哪里,和誰在一起,在干些什么?”

????戴蒙和科恩都用不著急道歉。那么,美國和全球的投資者們究竟希望從這些從不干好事的金融菁英們身上得到些什么呢?

????公開信息吧,伙計(jì)們!

????戴蒙,讓我們看看摩根大通按揭貸款生成和償付操作的現(xiàn)狀,并敦促你在花旗(Citi)、美國銀行(BofA)、Ally和富國銀行(Wells Fargo)的朋友們也這樣做吧。

????至于科恩,雖然我對(duì)伯南克及其親密戰(zhàn)友蓋特納進(jìn)一步披露美聯(lián)儲(chǔ)或美國財(cái)政部的操作細(xì)節(jié)不抱什么希望,你確實(shí)有些分量,能敦促瑪麗?夏皮羅讓美國證券交易委員會(huì)(SEC)及華爾街自律組織——美國金融業(yè)監(jiān)管局(FINRA)公開信息。

????是的,美國證券交易委員會(huì)和美國金融業(yè)監(jiān)管局的家伙們是當(dāng)時(shí)掌握事態(tài)發(fā)展的真正“警察”,而高高在上的美聯(lián)儲(chǔ)和其他部門的頭頭腦腦們當(dāng)時(shí)一定是在訂購另一盒波士頓派。

????科恩,也許你愿意在埃爾頓?約翰遜起訴美國金融業(yè)監(jiān)管局、要求后者公開信息的案件中,成為約翰遜的一位證人。迄今為止,瑪麗?夏皮羅和美國金融業(yè)監(jiān)管局董事會(huì)都采取了馬克?馬奎爾的方式,回避談?wù)撨^去,我在今年2月指出了這一點(diǎn):

????美國金融業(yè)監(jiān)管局是如何回應(yīng)約翰遜和其他業(yè)內(nèi)人士要求提高透明度的呼聲的?基本上就是動(dòng)動(dòng)嘴皮子,充耳不聞或在有必要時(shí),請(qǐng)求豁免。什么?豁免?是的,沒錯(cuò)。通過請(qǐng)求豁免,美國金融業(yè)監(jiān)管局有效地?fù)踝×思s翰遜及其他人要求提高透明度的呼聲。這是美國嗎?美國金融業(yè)監(jiān)管局可能是通過美國證券交易委員會(huì)報(bào)告,但它并非政府組織?;砻??我稱之為自大!但斗爭仍在持續(xù),對(duì)透明度的追求也依然不懈。

????沒有真正意義上的透明度,道歉蒼白無力。

????本文作者Larry Doyle是華爾街資深人士,曾供職于第一波士頓(First Boston)、貝爾斯登(Bear Stearns)和Union Bank等銀行。他的博客見http://www.senseoncents.com/。

????"I'm sorry. No, really I am. I did not mean to do it….err, I mean we did not mean to do it. I hope nobody got too badly hurt. Oh, sorry if you did. Really, I mean it and we mean it. I think we were well intentioned but things just got a little out of control. We will definitely try to make sure this stuff NEVER happens again…no, really. This time we definitely mean it. Will you still trust us? Please?"

????Are you kidding me? Is "sorry" the best America gets for the ineptitude, incompetence, reckless and abusive behaviors of those on Wall Street and their regulatory overseers in Washington after driving our markets and economy over the cliff?

????Who is issuing these meaningless mea culpas?

????Try JP Morgan CEO Jamie Dimon and former Fed vice-chairman Donald Kohn. Yesterday, Dimon said as much at the JP Morgan annual shareholders meeting held in Columbus, Ohio. From Bloomberg:

????Jamie Dimon, JPMorgan Chase & Co. (JPM) chairman and chief executive officer, said he was sorry for foreclosure mistakes as hundreds of protesters at the annual meeting demanded he do more to help homeowners and small businesses recover from the financial crisis.

????For any errors that were made, "we deeply apologize," Dimon, 55, said today at the shareholders' meeting in a 2- million-square-foot office building in Columbus, Ohio. "We are doing everything we can to keep people in their homes that should stay in their homes." Dimon said he especially regretted the bank's mistakes in foreclosing on active-duty military personnel and for fumbling paperwork on other home seizures.

????Dimon's mea culpa is more than matched by Donald Kohn's 'come to Jesus' statements highlighted in today's Financial Times:

????"I deeply regret the pain that was caused to millions of people in the US and around the world by the financial crisis… Most of the blame should be on the private sector -- the people that bought and sold those securities, on the credit rating agencies that rated them. But I also agree that the cops weren't on the beat.

????The regulators were not as alert to the risks as they could have been and, to the extent they saw the risks, were not as forceful in bringing them to the attention of management, or taking actions, as they could have been. All this with 20/20 hindsight obviously."

????So Donald, "if the cops were not on the beat," where the hell were they, with whom and just what the heck were they doing?"

????Both Dimon and Kohn can save their mea culpas. What do the citizens of America and the world really want from these financial ne'er do wells?

????Open the books, boys!

????Jamie, let's see what was really going on within the mortgage origination and servicing practice at JP Morgan and compel your friends at Citi (C), BofA, Ally and Wells Fargo (WFC) to do the same.

????As for you Donald, while I hold out little hope that Big Ben and his sidekick Timmy will be forthcoming with any further details about activities at the Fed or Treasury, you certainly can carry real weight in compelling Mary Schapiro to open the books at the SEC and at Wall Street's self-regulator FINRA.

????Yes, the crowd from the SEC and FINRA were the real cops on the beat while the honchos upstairs at the Fed and elsewhere must have been ordering another box of Boston creams.

????Donald, perhaps you may like to be a witness on behalf of Elton Johnson's lawsuit against FINRA, compelling FINRA to open its books. See to date, both Mary Schapiro and the FINRA board are taking the Mark McGwire approach of not truly wanting to talk about the past. I highlighted this last February:

????How has FINRA responded to calls by Johnson and others within the industry for real transparency? Largely with lip service, a cold shoulder, and when need be, a plea of immunity. What? Immunity? Yep, that's right. FINRA conveniently and effectively utilizes a plea of immunity to obviate the call for transparency by Johnson and others. Is this America? FINRA may report through the SEC, but it is a private organization. Immunity? I call it ARROGANCE! That said, the battle wages on and the pursuit of transparency continues.

????Without real meaningful transparency, sorry means nothing.

????Larry Doyle is a Wall Street veteran, having worked at such banks as First Boston, Bear Stearns and Union Bank. He blogs at http://www.senseoncents.com/




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