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Thread: More candidates for a bailout

  1. #1
    j2k4's Avatar en(un)lightened
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    May be some nice real estate available soon.

    http://www.foxnews.com/story/0,2933,466564,00.html
    “Think about how stupid the average person is, and then realize that half of 'em are stupider than that.” -George Carlin

  2. The Drawing Room   -   #2
    bigboab's Avatar Poster BT Rep: +1
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    If they don't stop bailing out investors there is going to be a long line of gamblers investors wanting our their money back.
    The best way to keep a secret:- Tell everyone not to tell anyone.

  3. The Drawing Room   -   #3
    j2k4's Avatar en(un)lightened
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    Old money (and those who have it) can be disgusting.

    No empathy for them, and they can't figure out why.
    “Think about how stupid the average person is, and then realize that half of 'em are stupider than that.” -George Carlin

  4. The Drawing Room   -   #4
    clocker's Avatar Shovel Ready
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    Quote Originally Posted by j2k4 View Post
    Old money (and those who have it) can be disgusting.
    "Can be", yes but really, these people were doing just what you would do in their position- trying to maximize the benefit of their fortune.
    The guy screwed them.

    Besides, it appears that it's not just "old money" that got taken.
    Apparently, several municipal funds were inadvertently involved as well.
    "I am the one who knocks."- Heisenberg

  5. The Drawing Room   -   #5
    j2k4's Avatar en(un)lightened
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    Agreed, on all points.

    We should extend the death penalty to white-collar criminals, I think.
    “Think about how stupid the average person is, and then realize that half of 'em are stupider than that.” -George Carlin

  6. The Drawing Room   -   #6
    clocker's Avatar Shovel Ready
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    Quote Originally Posted by j2k4 View Post
    Agreed, on all points.

    We should extend the death penalty to white-collar criminals, I think.
    There is certainly an argument that could be made.
    Especially in a case of this scope, the level of destruction and the great number of victims would seem to exceed the damage caused by your "average" death penalty murder.

    Besides, given the historically puny punishment meted out for white collar (financial) crime and couple that with the message implicit in the recent Wall Street bailout, there is damn little in the way of deterrent in place.
    "I am the one who knocks."- Heisenberg

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    pentomato's Avatar Above the sun
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    Quote Originally Posted by j2k4 View Post
    Agreed, on all points.

    We should extend the death penalty to white-collar criminals, I think.
    Yes, yes, death penalty for any one that commits fraud while on politics, damn there woulnd't be any republican alive lol lol lol

  8. The Drawing Room   -   #8
    j2k4's Avatar en(un)lightened
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    Quote Originally Posted by pentomato View Post
    Quote Originally Posted by j2k4 View Post
    Agreed, on all points.

    We should extend the death penalty to white-collar criminals, I think.
    Yes, yes, death penalty for any one that commits fraud while on politics, damn there woulnd't be any republican alive lol lol lol
    Mr. Madoff, while a contributor to both parties, favored democrats for the most part.

    It seems his favorite is a fellow named Chuck Schumer, perhaps you've heard of him.
    “Think about how stupid the average person is, and then realize that half of 'em are stupider than that.” -George Carlin

  9. The Drawing Room   -   #9
    clocker's Avatar Shovel Ready
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    This is a political story now?
    "I am the one who knocks."- Heisenberg

  10. The Drawing Room   -   #10
    j2k4's Avatar en(un)lightened
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    Quote Originally Posted by clocker View Post
    This is a political story now?
    Depends on the poster, I guess.
    “Think about how stupid the average person is, and then realize that half of 'em are stupider than that.” -George Carlin

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