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Re: Tibby post# 3009

Wednesday, 08/03/2011 11:50:08 PM

Wednesday, August 03, 2011 11:50:08 PM

Post# of 30000
I would also think that Wall St CEO's who banked 100's of millions on selling both Collateralized Debt Obligations and then selling firms (and countries) Credit Default Swaps on the same CDO's would end up in legal action.....

(essentially selling snake oil, and then also selling insurance on the ineffective snake oil....read Lewis' "The Big Short"...or the Doc "Inside Job".....or Frontline's "Inside the Meltdown" avail on pbs.org) Fascinating and humbling.

I would think the millions that lost their jobs, homes, marriages and dignity would also want justice.

Instead those folks/Wall St execs faced zero accountability, and many have found themselves in high ranking gov't positions.

Said Miner's shenanigans is peanuts compared to the big US banks that killed the world economy. Furthermore, "Manufacturing Consent" will keep this from the main stream.

PR that states option agreement is approved, and the world moves on. We move on with more bucks knowing that justice is served when it does't rattle too many cages.

Sad but true.

Movie at 11:00 is merely a sitcom.... :)

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