The year 2009 may be remembered as the year of the "finger point." Ken Lewis, CEO of Bank of America ( BAC), under serious scrutiny for his lack of communication to shareholders during the prelude to the acquisition of Merrill Lynch, blames former Treasury Secretary Henry Paulson and the Fed for putting him under pressure. (Dude, you are the CEO. Isn't it your JOB to handle that kind of pressure on behalf of stakeholders?)

Alaska Gov. Sarah Palin says it was the lies of online bloggers and emails from the public that were to blame for her attorney general appointee Wayne Anthony Ross becoming the first appointed head of a state agency in Alaska to be rejected by the legislature, according to the Juneau Empire. (If it weren't for those pesky VOTERS, governing wouldn't be such a frustrating job!).

Then, of course, there's John Thain of Merrill Lynch, who blamed Stanley O'Neal (his predecessor) for the company mess he inherited but then Thain himself later had to have explain why he would need a $1,405 garbage pail in the multi-million dollar renovation of his office. (John, it's bad form for the maker of a garbage can to profit more from your decisions than your entire shareholder body!)

Finally, just last week, AT&T ( T) CEO Randall Stephenson put the blame on economic pressures (and pension expenses) for a drop in first quarter profit despite the fact that the greatest boost to sales was the Apple ( AAPL) iPhone, which is subsidized to the tune of hundreds of dollars per phone sold. (You might want to look at how subsidies worked out for General Motors ( GM), Ford ( F), Chrysler and the other automakers!)

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