CEOs Should Have Been Held Responsible for the 2008 Financial Crisis — Why Are They Still Heroes?

The contemporary adulation and admiration of CEOs raises the question of what enabled their continued idolisation.

On 15 September 2008, the giant financial services firm Lehman Brothers filed for bankruptcy, starting a chain reaction that saw the global economy spiralling toward total collapse. The global financial crisis that ensued revealed just how fragile and unstable the world economic order really was. If there was ever a time that neoliberal capitalism should have faced a...

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