#2 2016-03-31 18:27:49
A few years back I did contract work for a banker who was doing time at the time. Except doing time in Scandanavia for white collar scams involving a missing 50 Billion is quite humane. You get your own halfway house apartment. They took his bank away but he seems to have weathered it well enough. Still I thought it odd, not too many of these people ever serve time for what they are accused of.
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#4 2016-04-07 10:38:32
In an age of political disruption, where Donald Drumpf is closing in on the Republican Party nomination and a former communist rules Greece, the Pirate Party may well end up with the most spectacular success of all. Victory in a snap election would bring to power a party that wants to separate commercial and investment banking.
We had that, and we repealed it. It was called Glass-Steagall.
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#5 2016-04-07 12:00:25
Baywolfe wrote:
We had that, and we repealed it. It was called Glass-Steagall.
Thanks Obama William Jefferson Clinton.
Johnny_Rotten wrote:
Still I thought it odd, not too many of these people ever serve time for what they are accused of.
You certainly nailed that!
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#6 2016-04-08 11:14:01
Any sane person would take a year in jail in exchange for the $10s of millions these guys were paid.
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#7 2016-04-08 11:48:25
Johnny_Rotten wrote:
Any sane person would take a year in jail in exchange for the $10s of millions these guys were paid.
Jail??
It was more like a year locked in a private dorm room browsing the internet. It's not quite dining at the Ritz but still, I've live worse voluntarily.
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#9 2016-04-17 12:33:51
JetRx wrote:
Baywolfe wrote:
We had that, and we repealed it. It was called Glass-Steagall.
Thanks Obama William Jefferson Clinton.
How Regulators Mess With Bankers' Minds, and Why That's Good
It seems like such a nice sentiment but they need their pocketbooks messed with so much more.
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