Cohn’s financial crisis remarks take aim at Las Vegas waitresses

Las Vegas Review Journal   ·   Link to Article

Culinary Local 226, which represents 57,000 Nevada workers, including cocktail and food servers, pointed the blame back at bankers for encouraging and profiting from mortgage-backed securities.

“We don’t know of any workers who destroyed the U.S. economy with fraudulent esoteric credit products, but we hope that former and current Wall Street bankers like Mr. Cohn will remember and always be reminded of the great harm they caused to millions of homeowners and workers when they recklessly and irresponsibly sold all sorts of risky financial weapons of mass destruction and fattened their own wallets with fees, commissions, and bonuses while we the taxpayers, bailed out the big banks that were ‘too big to fail,’ ” union Secretary-Treasurer Geoconda Arguello-Kline said via email.

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