Yet another fraud: $1.3 Billion, 2 arrested

Quote from MohdSalleh:

are u suggesting we become like china

No, AK-47 bullets through the head is too messy. Hanging until the birds finish seems less gory, and likely a better deterent.
 
Quote from Illum:

Wall Street killed the biggest golden calf in history. Retirement accounts of the baby boomers. They will exit and not come back. Soon they will be trading against only themselves. Old dirty tricks wont work vs each other.

Too true. I know many private investors who've given up on the stockmarket as they view it as a rigged game.

Must be a load of companies/local authorities that refuse to do business with the investment banks as well, knowing that they're only there to rape and pillage.

Surely the majority must now have realised that if an investment bank calls with an offer of 'financial help' it's odds on there's only going to be one winner.
 
Quote from Humpy:


I think hanging is a bit on the rough side but a good public flogging and taking all their assets, barring $500 and the clothes they stand up in would concentrate minds a wee bit imho

I might add that the cost of keeping the large number of crooks in jail is huge by any standards. En suite facilities, guards, food, entertainment, clothes etc.

The money confiscated from them could be put into a fund to help the victims.

Another point is that the fraudsters are in jug with their own kind and hatch up ever more ingenious schemes for their out periods. Universities of crime is an apt description. Along with professional criminals.

The spineless jellies that call themselves politicians haven't got the moral fibre to act tough and why is that you may ask?
A. Because they see their own sort in the firing line maybe.
 
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