Corporate Raider Asher Edelman Backs Occupy Wall Street: "Banks Win, Taxpayers Automatically Lose"

Asher Edelman, the well-known corporate raider, told CNBC Tuesday that he supported Occupy Wall Street, saying “the greed of the banks are the cause for the terrible economic situation that we have today.”

Edelman helped inspire the character Gordon Gekko in the 1987 film “Wall Street.”

Edelman appeared at Zuccotti Park:

• “The banking system has become a system, which is one large hedge fund supported by the free money of the depositors and by the taxpayers whenever it loses.  That was not the banking system of the 1980s."

• "We are on the verge of another banking crisis.  The government must handle it in another way this time."

Comments

[DailyBail]

98 FTSE companies use tax havens - All but 2 of the top 100 hundred firms on the London Stock Exchange use tax havens according to new research.

*If we did this, we'd all be in jail, but it's allowed for corporations including the banks."

http://www.youtube.com/watch?v=SoKaFWWNo9A

[robertsgt40]

Yeah, he can talk butch after he's made his countless millions. "prosecute the next guy, not me"