On Oct 3, 8:44 am, HiC <b...@y...com> wrote:
> 700 billion of the taxpayer's money give or take to bail out these
> supposedly public sector enterprises. So, what about the officers and
> boards of directors of these various firms who were ultimately
> responsible for the decisions that caused the problems? Theoreticaly
> these are the people who bear the weight of responsibility for these
> firms, isn't that why they're supposedly in these positions - and
> getting the big payday?
>
> They're asking you and me to foot the bill, what are they who have
> been profiting the most going to forfeit? Are their assets being
> garnished? Are any trophy wives having to give up any jewelry or miss
> some appointments at the salon? Any of their kids going to pull out of
> private schools?
>
> Or do the conditions of their positions insulate them from personally
> feeling any real pain?

Its a cut and dry case of FRAUD

If as a qualified butcher { banker } , I was to package up bundles of
low grade burger mince [ low garde securities ] and sell them labeled
as first grade prime beef steaks , [ AAA mortgaes on houses ] and do
it repeatedly

I would face courts on FRAUD charges

I could not say it was accidental as I am an expert in my trade and
did it repeatedly and made millions

I would get jailed for FRAUD

There is no way this is not simple old fashioned FRAUD on a massive
world wide scale and in time taxpayers will demand justice

I qualified butcher KNOWS AAA steaks from low grade burger trimmings

So does finance industry

If a ciustomer comes and asks a reputable butcher or banker for AAA
grade product for his valued customers and a butcher KNOWINGLY
packages up low grade trimmings to look like quality product and sells
them as such he would go to jail

Its not complex

We all expect to get what we pay for

Especially if we request AAA grade and are happy to pay for it rather
than risk low grade cheaper products

We have been DOUBLY WRONGED , and if we get ill or sick [ lose jobs or
houses ] we could claim losses far beyond the cost of the meat , like
when people get ill after eating bad foods

We could claim heaps in losses incurred by the fraud , on top of the
cost of the meat / loans

AS WELL AS JAIL OF ALL WHO HELPED IN THE CRIME

The "legal eagles" will soon smell bloood and start up court cases