Madoff

MandelbrotSet · Jan 10, 2009

Quote from flytiger:

You can figure the rest.

That's going back anywhere from 200 (or more) years ago when they used to take these people out back, line them up and give them their just rewards.

Do you really think that level of punishment is going to come into existence in this culture?

I don't.

flytiger · Jan 10, 2009

Quote from MandelbrotSet:

That's going back anywhere from 200 (or more) years ago when they used to take these people out back, line them up and give them their just rewards.

Do you really think that level of punishment is going to come into existence in this culture?

I don't.

Remember. Think outside of the norm. This is a different time. You've never seen frightened politicians before. They move, or they call out riot police.

Right now, the Pensions of Syracuse Carpenters, and I hear the Albany Plumbers are out their pensions. Do you think that's the end of that? Do you think that those guys are just going to sit there and take it? Nope. Draconian measures are coming.

4444CJones4444 · Jan 10, 2009

Quote from Chuck Krug:

Why aren't there any heads rolling in the sec?

Read Arthur Levitt Taking On The Street. The former SEC chairman answers many of today's questions. Needless to say, with all the money, power and agendas on Wall Street, it's an extremely complicated subject.

MandelbrotSet · Jan 10, 2009

Quote from 4444CJones4444:

Read Arthur Levitt Taking On The Street. The former SEC chairman answers many of today's questions. Needless to say, with all the money, power and agendas on Wall Street, it's an extremely complicated subject.

You're saying their hands are tied for political reasons?

No surprise there!