The Feds are probing where and what? If they find what they are probing for will they do anything?
Will this be another Michael Milkin scenario played out?
What a joke 50% loss in a heart beat?
Who’s BSing who and why didn’t they see this coming sooner.
Talk about a waste of tax payers money!!! These guys only invested or bought the mortgagees they didn’t make them all default or cause the collapse of the whole industry.
These guys need to find something real to do with their time. I would rather see my take money and the FBI patrol the internet for sick idiots than go after someone they don’t have a chance of getting anything on.
The problems have been apparent for quite some time, anyone with any sense about money or finances knew the bottom was about to give, so why wasn’t something done sooner? It raises lots of questions about the integrity of not just our financial community, but the entities that are suppose to be overseeing them.
I would applaud this if I had not already seen the results in the Qwest and Enron hearings. They will find dirty deals, and then they will proceed to do nothing material about it. You all have a right to be cynical, when the rich police the rich.
..and when the FBI (or whoever) finds the dirty deals, they should require the Sr. Execs. to sell all but 1 house, the proceeds (from their jets, vacation homes, boats, etc.) to be routed into a fund that goes BACK into the distressed company. And then jail the Exec in a maximum security facility, not some Club Fed.
You can thank Acorn and the ACLU too for threatening lending institutions with charges of discrimination. As a result, they were even giving loans to illegals. You could not question applicants for fear of being sued.
Heads need to roll. As taxpayers, we deserve to see justice. The thieves need to pay back the taxpayers.
As far as giving taxpayer dollars to the very institutions that failed, isn’t that akin to putting the fox in the henhouse?
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The Feds are probing where and what? If they find what they are probing for will they do anything?
Will this be another Michael Milkin scenario played out?
What a joke 50% loss in a heart beat?
Who’s BSing who and why didn’t they see this coming sooner.
Nice to have the barn door closed (too bad the horse escaped).
What about Countrywide execs? How ’bout Fannie Mae ceo?
I would hope they would also look at the politicians that have dirt all over them…
They will probably end up busting a clerk or two and then blaming all this mess on them.
what a joke
Talk about a waste of tax payers money!!! These guys only invested or bought the mortgagees they didn’t make them all default or cause the collapse of the whole industry.
These guys need to find something real to do with their time. I would rather see my take money and the FBI patrol the internet for sick idiots than go after someone they don’t have a chance of getting anything on.
The problems have been apparent for quite some time, anyone with any sense about money or finances knew the bottom was about to give, so why wasn’t something done sooner? It raises lots of questions about the integrity of not just our financial community, but the entities that are suppose to be overseeing them.
I would applaud this if I had not already seen the results in the Qwest and Enron hearings. They will find dirty deals, and then they will proceed to do nothing material about it. You all have a right to be cynical, when the rich police the rich.
..and when the FBI (or whoever) finds the dirty deals, they should require the Sr. Execs. to sell all but 1 house, the proceeds (from their jets, vacation homes, boats, etc.) to be routed into a fund that goes BACK into the distressed company. And then jail the Exec in a maximum security facility, not some Club Fed.
You can thank Acorn and the ACLU too for threatening lending institutions with charges of discrimination. As a result, they were even giving loans to illegals. You could not question applicants for fear of being sued.
Heads need to roll. As taxpayers, we deserve to see justice. The thieves need to pay back the taxpayers.
As far as giving taxpayer dollars to the very institutions that failed, isn’t that akin to putting the fox in the henhouse?