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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (81350)6/1/2000 12:54:00 PM
From: Freedom Fighter  Read Replies (2) of 132070
 
Mike,

>>In fact, they can't touch them anyway, legally, even past the insured amount, but if they step over the line and use your collateral (which is in their name) to back a derivative trade gone amok, they will go to jail but there may not be anything left for you to claim.<<

What's the odds the current crop of bankers on Wall St. goes over the line and leaves taxpayers holding the bag?

I estimate it at 100% since they are already there. (g)

Wayne
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