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


To: Neocon who wrote (351072)1/31/2003 1:44:08 PM
From: Bill  Read Replies (2) | Respond to of 769670
 
They fined him, along with the other directors, because the S&L went bust. To go bust, there is usually mismanagement. If there were criminal malfeasance, he would have been prosecuted.

Anyone who believes regulators have the authority to fine people for an "ethical disability" just doesn't know much about the law.