It's Fraud, not incompetence - Who's responsible?

It's Fraud, not incompetence - Who's responsible?

PostBy: coalkirk On: Wed Apr 08, 2009 8:23 pm

http://wbal.com/apps/news/templates/smi ... &zoneid=14

Almost a half an hour but worth the time.
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Re: It's Fraud, not incompetence - Who's responsible?

PostBy: brckwlt On: Wed Apr 08, 2009 9:00 pm

God ... the more you know the more pissed off i get ... maybe i should build a shanty in the woods and live off the grid. I get more angry every day!
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Re: It's Fraud, not incompetence - Who's responsible?

PostBy: Richard S. On: Thu Apr 09, 2009 1:43 am

Here's the video from the article:

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Re: It's Fraud, not incompetence - Who's responsible?

PostBy: Freddy On: Thu Apr 09, 2009 5:37 am

Oh, Look, someone besides me has put it in words: "our system became a Ponzi scheme."
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Re: It's Fraud, not incompetence - Who's responsible?

PostBy: acesover On: Thu Apr 09, 2009 6:05 am

Those guys earned every penny they stole.
Ray
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Re: It's Fraud, not incompetence - Who's responsible?

PostBy: JB Sparks On: Thu Apr 09, 2009 7:09 am

Don't we get it boys and girls, It's the Congress, man and women we keep putting back in office that is the route of the problem. Stop re-electing them!!!!! Why is there no march on Washington to demand that the people we have elected to represent us either do their jobs or go home!!!!! They are the ones that knew this was going on and did nothing to stop it and now they are all showing us how outraged they. And we just keep voting them back in office.

I guess the bottom line is, you can't write laws requiring integrity.
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Re: It's Fraud, not incompetence - Who's responsible?

PostBy: coalkirk On: Thu Apr 09, 2009 7:37 am

Want to get even more angry??? Got to Frontline.com and watch "Black Money."
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Re: It's Fraud, not incompetence - Who's responsible?

PostBy: BobDavis On: Thu Apr 09, 2009 8:07 am

I have three suggestions:
Let them go bankrupt (deposit insurance will protect depositors)
Prosecute to the fullest extent of the law. (this goes for board members as well, not just CEOs)
Make sure the press holds them up for public ridicule and disgrace.


BD
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Re: It's Fraud, not incompetence - Who's responsible?

PostBy: Devil505 On: Thu Apr 09, 2009 8:21 am

Term limits for all elected officials.
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Re: It's Fraud, not incompetence - Who's responsible?

PostBy: billw On: Thu Apr 09, 2009 9:02 am

Devil505 wrote:Term limits for all elected officials.


I prefer a couple of high visibility, high quality executions of corporate executives and politicians. Maybe they'll get the hint
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Re: It's Fraud, not incompetence - Who's responsible?

PostBy: av8r On: Fri Apr 10, 2009 8:51 am

There is no accountability when the entire system is corrupt.
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