First fear, then loathing toward Wall Street

more: http://www.msnbc.msn.com/id/26841602/

U.S. House Financial Services Committee Chairman Barney Frank updates reporters Monday on the negotiations on the proposed $700 billion bailout.

By Allison Linn
Senior writer
MSNBC
updated 1 hour, 9 minutes ago

Allison Linn
Senior writer

Steve Ebels hasn’t been that hurt by the recent stock market roller-coaster ride because he no longer has much to lose.

Ebels, who owns a heating business, said he already lost much of his life savings when a general contractor he was doing work for went belly up, leaving Ebels with a pile of bills for materials and labor he had already invested in the project.

And that is perhaps the biggest reason why Ebels, 51, would like to see the failed Wall Street titans pay for the actions that have led to this crisis. If he has to start over because of a soured business deal, he figures, so should they.

“I would just like to see some way that these people are held personally accountable,” he said. “We’ve got to do more of that in this country: personal responsibility and accountability.”