Just more proof that this organization like all of them on Wall Street is corrupt and rotten to the core.
Said it before and will say it again, Bear Stearns and Lehman getting taken down was great. AIG seeing its stock price reduced 99% was great. But it's not enough.
Pandit has more money than he knows what to do with, but I hope he's hounded by legal problems forever. Probably won't happen, but one can only hope for the worst for top management in Wall Streey firms. They make a lot of money and don't deserve any of it. Hope they get their bonuses this year and choke on them.
From the book Boomerang........If you owe any bank 5 million dollars, the bank owns you. But if you owe any bank 5 billion dollars then you own the bank. Just keep this in mind when dealing with banks in the future. Also, in some countries if you are in foreclosure or you file for bankruptcy, you can walk away a free man and receive a medal of honor for your actions.
What story might that be? An Exec.V.P. incremenating Country Wide Of Fraud?Don't believe everything you hear from 60 minutes. Remember the Bush story from Rather. Why hasn't the DOJ indicted anyone yet? Why haven't they interviewed her?Your comments are naive.