Maybe I just need more coffee, but I can't come up with a good lead-in for this ~<br><br><br><br>WASHINGTON -- Federal investig...ut to clean up.<br><br><br>I'm not having any luck wringing my typical snark laden, cynic dripping commentary out of this one. I'm going to go walk the dogs before my head explodes.<br><br><br><br><br><br><br>[color:white]xx</font color=white>[color:blue]I always deserve it. Really.</font color=blue><br><br>
_________________________ I always deserve it. Really.
All I can say is It's about freakin' time! This mess didn't happen all by itself, and I think it's safe to say that greed had more to do with its inception than stupidity or lack of due diligence. Whether crimes were committed or not, many of these financial and corporate "leaders" need to have their asses handed to them. And a special few should be hung by the cords of their golden parachutes.<br><br>Wall Street wants a bailout? Throw 'em an old 32 oz bean can and let 'em start scooping. Too bad if their Guccis get wet.<br><br>
The title of the WSJ story is "FBI Investigates Four Firms at Heart of the Mess". My optimist side thinks "cool, only four firms at the heart of the mess and the FBI is taking names."<br><br>Of course, to be an optimist when looking at this story requires a gullibility factor of eleven. Does the FBI have enough agents to investigate the lungs, pancreas, prostate, and stomach of the matter only to find it is a cow and we missed the six other stomachs and that misbehaving udder of the matter?<br><br><br><br><br><br><br><br><br><br>
<br>"It's a Start!"<br><br>I find it encouraging that the FBI are at least looking into the matter.<br><br><br><br>----------------------------------------------------------------------------------<br>"Woe the nation, which has no heros. ...... Blessed the one, which needs none!" (Bertold Brecht)
"Humor ist, wenn man trotzdem lacht" (Humour means laughing despite of it)
What does gullibility have to do with it? The FBI probably doesn't have the resources to deal with what these first investigations will likely reveal. It's like dismantling a stone wall. The biggest stones are on top, but then there's all that rubble that was laid down first. PIA to clean up, but at least it's exposed.<br><br>
You mistook my meaning. The gullibility part I am referring to is the article title. That anyone could think the these four companies are "the heart of the matter" would be the height of gullibility. That is not to say that what the FBI is doing is stupid. Far from it, I think it is worthwhile. I would agree with Eckhard that "It's a Start" would be much more appropriate than any title which made it sound like once the FBI reams the poor saps who get caught at these four firms the crisis is in some way over because "the heart of the matter" has been taken care of. My nongullible side doesn't believe that for a second. I don't even think 700 billion is a total fix. In retrospect it may only be seen as a very expensive crack sealant job on the Titanic. It would really be sad if it was only rearranging deck chairs but right now no one knows.<br><br> I also wanted to use "misbehaving udder" in a sentence.<P ID="edit"><FONT SIZE=-1><EM>Edited by polymerase on 09/24/08 07:54 AM (server time).</EM></FONT></P>
To have the taxpayers pick up this bill for these guys stupidity and lack or foresight and poor management and greed and fraud just rankles my soul. <br><br>We should take the top CEOs and their immediate families and take all their possessions, money, stock...everything and let them out on the street. Maybe give them $100 and their clothes on their back and let them see how it is. They should not get out of this financially. Going to jail is not enough.<br><br>dave<br><br><br><br>
There are 10 kinds of people. Those that understand binary and those that don't.
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