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Freddie Mac and Fannie Mae Executives Charged with Fraud

Monster RainMonster Rain Posts: 1,415
edited December 2011 in A Moving Train
6 executives (3 from each company) were charged with securities fraud and are being sued by the SEC.

http://money.cnn.com/2011/12/16/news/co ... eddie_sec/
Post edited by Unknown User on

Comments

  • Godfather.Godfather. Posts: 12,504
    they should be given 30 years each in San Quintins general population with pedifile jackets....then watch em cry like babys.

    Godfather.
  • blueandwhiteblueandwhite Posts: 662
    hmmm...

    http://www.guardian.co.uk/world/2011/dec/15/americans-face-guantanamo-detention-obama

    Maybe this is why Obama didn't use his veto. Unlimited detention sounds about right for these losers.
  • dasvidanadasvidana Grand Junction CO Posts: 1,349
    Godfather. wrote:
    they should be given 30 years each in San Quintins general population with pedifile jackets....then watch em cry like babys.

    Godfather.
    +1
    It's nice to be nice to the nice.
  • mickeyratmickeyrat Posts: 40,238
    dasvidana wrote:
    Godfather. wrote:
    they should be given 30 years each in San Quintins general population with pedifile jackets....then watch em cry like babys.

    Godfather.
    +1
    only problem with this is , they are being SUED in Civil court. Not charged witrh a CRIME in CRIMINAL Court.
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • 7RayZ7RayZ Posts: 488
    mickeyrat wrote:
    dasvidana wrote:
    Godfather. wrote:
    they should be given 30 years each in San Quintins general population with pedifile jackets....then watch em cry like babys.

    Godfather.
    +1
    only problem with this is , they are being SUED in Civil court. Not charged witrh a CRIME in CRIMINAL Court.
    Sometimes hitting greedy pricks in the pocketbook is a better a sentence than jail.

    Note: sometimes.
  • mickeyratmickeyrat Posts: 40,238
    7RayZ wrote:
    mickeyrat wrote:
    only problem with this is , they are being SUED in Civil court. Not charged witrh a CRIME in CRIMINAL Court.
    Sometimes hitting greedy pricks in the pocketbook is a better a sentence than jail.

    Note: sometimes.
    I would agree. However, I understand it is because the burden of proof is lower civilly as opposed to criminal. But My vote has to go with BOTH!!! Civil AND Criminal. :mrgreen:
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • Godfather.Godfather. Posts: 12,504
    mickeyrat wrote:
    dasvidana wrote:
    Godfather. wrote:
    they should be given 30 years each in San Quintins general population with pedifile jackets....then watch em cry like babys.

    Godfather.
    +1
    only problem with this is , they are being SUED in Civil court. Not charged witrh a CRIME in CRIMINAL Court.

    yea but it would be nice, in some countries criminals of this sort are publicly exacuted I was just suggesting 30 years in a state prision ;)

    Godfather.
  • 7RayZ7RayZ Posts: 488
    mickeyrat wrote:
    7RayZ wrote:
    mickeyrat wrote:
    only problem with this is , they are being SUED in Civil court. Not charged witrh a CRIME in CRIMINAL Court.
    Sometimes hitting greedy pricks in the pocketbook is a better a sentence than jail.

    Note: sometimes.
    I would agree. However, I understand it is because the burden of proof is lower civilly as opposed to criminal. But My vote has to go with BOTH!!! Civil AND Criminal. :mrgreen:
    Well, it may be possible to set up precedent for criminal charges. Any which way, its still documented and on the books. Unfortunately, for those of us informed, it may not be the judgement we all like to see happen.
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