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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Srexley who wrote (286095)8/12/2002 6:28:34 PM
From: Charles Tutt  Read Replies (2) | Respond to of 769670
 
Assuming the boards of directors approved the loans, the officers who got the loans were not the ones screwing the public; it seems the BODs may not have been doing their job.

As a matter of fact, I myself don't see corporate loans as a moral issue at all. A certain president apparently does, though, which is how it came to be discussed here in those terms.

Your argument about the size of the loans involved reminds me of the old joke in which the guy starts out asking the gal whether she'd sleep with him for a million dollars.

The point is that it is the height of hypocrisy to make an issue of something one has done oneself.

I also disagree with your assertion that he was "cleared." The SEC, with what appears to have been a rather cursory investigation by "friendly forces" chose not to pursue him.

Charles Tutt (SM)