60 Minutes and 60 Trillion Dollars of Credit Swaps

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Old 10-07-2008   #1 (permalink)
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Re: 60 Minutes and 60 Trillion Dollars of Credit Swaps

Personally I think the people responsible for this problem, the CEO's and other executives that made the decisions to do such stupid things out of pure greed with no thought to the people they were screwing should not only have their severance pay and "golden parachutes" taken away from them they should be fined billions and spend a couple years in lock up and not The club med prison either, they should be locked up in maximum security. these people are guilty of being con men, flim flam artists, thieves! If you or i had stolen money by lies and misrepresentation we would suffer the consequences. the people guilty here will just rake in even more billions in profit subsidized by the people they stole from in the first place. Talk about crime paying!
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