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Old 06-16-2008, 10:01 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,847,149 times
Reputation: 6438

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U.S. prosecutors are preparing to file criminal charges against managers of two Bear Stearns hedge funds whose collapse helped kick off the credit crisis last year...

Ralph Cioffi and Matthew Tannin - Google News
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Old 06-16-2008, 10:51 PM
 
20,187 posts, read 23,881,898 times
Reputation: 9284
You know what is going to happen??? NOTHING... they are in collusion with the government already... heck, I do ten years in minimal security white collar prison if you gave me 200 M dollars a year for 5 years... the government is doing its PR work and the sheep are buying it... funny thing was the government was one of the ringleaders... anyone want to prosecute the federal government??? No?
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Old 06-19-2008, 12:39 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,847,149 times
Reputation: 6438
More dominoes fall - 400+, in fact. I wonder who the last domino will be?

Hundreds indicted in mortgage probe - Mortgage Mess - MSNBC.com
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Old 06-19-2008, 03:38 PM
 
20,187 posts, read 23,881,898 times
Reputation: 9284
Still NOTHING will change... everything is going to be business as usual... the only thing that is going to be different five years from now is SAME crime... DIFFERENT crooks..
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Old 06-19-2008, 04:00 PM
 
2,197 posts, read 7,398,483 times
Reputation: 1702
Hmmm... we'll see if the scammers can outwit, outlast and outplay the scammed. So far, yeah, they're surviving just fine.
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Old 09-12-2008, 06:10 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,847,149 times
Reputation: 6438
Another domino quivers...shakes....and falls....

A Bailout for Lehman? Not Likely
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Old 09-12-2008, 06:31 PM
 
Location: Great State of Texas
86,052 posts, read 84,576,981 times
Reputation: 27720
It was more than just 2 people. I call scapegoat.
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Old 09-13-2008, 12:38 AM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,847,149 times
Reputation: 6438
...an orderly liquidation of the firm on Monday...

http://www.nytimes.com/2008/09/13/bu...=worldbusiness

I smell Wamu failure, too. They were cut to junk Thursday.

http://www.nytimes.com/2008/09/12/bu...em&oref=slogin
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