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Comparing Fannie/Freddie to Enron/Worldcom/Tyco watch!
youtube.com — The Bush administration frog-marched executives from Enron, Tyco, and Worldcom into federal prison for their financial shenanigans, in collapses that look positively microscopic in the wake of the failure of Fannie Mae and Freddie Mac. Why hasn ’t anyone in the recent failure received the same treatment?
vick3ii- 131 diggs
- digg it
- knucklebusted, on 10/02/2008, -1/+18I would very much like to know why LOTS of people are not in the jail?
- CTRaiderThe1st, on 10/02/2008, -1/+6Yes, I think you want to know. : P
- CaptainAmerica1, on 10/02/2008, -1/+12Another good vid:
http://www.youtube.com/watch?v=1RZVw3no2A4&feature ... - ChronicColonic, on 10/02/2008, -0/+9Well, as Judge Dredd would have said...'I am the law!'
/corny movie dialogue
Many who are in the government think they are above the law or it doesn't apply to them because they are in a position of power.
It would be very interesting to see if the people propping up Fannie Mac do any prison time. They need to...they really do. - chevyorange, on 10/02/2008, -0/+9A few might be in prison, but not after all of them got their golden parachutes.
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