Texan billionaire charged over $8bn fraud

Discussion in 'World Events' started by Michael, Feb 17, 2009.

  1. Michael 歌舞伎 Valued Senior Member

    Messages:
    20,285
    Here BBC

    The Securities and Exchange Commission said the financier had orchestrated "a fraudulent, multi-billion dollar investment scheme".



    So? The question is: Should we also bail out the investors for this scheme as well? I mean, hey, was the SEC doing their job? We bailed out the Banks, the Car companies, Insurance companies, hell why not keep the presses running and give these investors another 8 billion? I mean meh, the USD will be worthless soon anyway, may as well keep them presses running full tilt.

    M
     
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  3. zombieflirt Registered Member

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    21
    Greed. Pure and simple.
     
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