Yet another fraud: $1.3 Billion, 2 arrested
- Thread starter crgarcia
- Start date
These guys are scumbags, but just small fry. In fact, Bernie Madoff was small fry. The big crooks are still in charge, whether it be on Wall Street or in their new digs in DC. A couple were forced into retirement, but they're yucking it up from their mansions in Palm Beach, Aspen, and Nantucket.
Yes hate the game. The system is flawed.
By the way, what the fuck is Do Diligence? Learn some grammar you uneducated prick.
No matter how active the SEC gets, they will probaby never go after the real crimes that are being committed. Only when the securities industry band together to clobber a miscreant like Bear Stearns is any kind of justice done.
Quote from stock777:
I know most of you are way smarter than me, so I'm hoping you can help.
why the f$^k isn't there the death penalty for this level of fraud?
thanks in advance.
Past or Prologue
are u suggesting we become like china
lol, what money would that be?
I guess its just the tip of the iceberg that will get caught for fraud.
And really many would have planned for that possibility by hiding piles of money offshore - the Swiss for instance are happy to oblige anyone with enough dough upfront.
A calculated gamble by some because its only a few comfortable years in jail and that won't scare anyone.
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
And really many would have planned for that possibility by hiding piles of money offshore - the Swiss for instance are happy to oblige anyone with enough dough upfront.
A calculated gamble by some because its only a few comfortable years in jail and that won't scare anyone.
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
HAHA
