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To: vespij who wrote (37523)	3/27/2008 3:14:07 PM
From: joseffy	Respond to of 48461

vespij wrote: Not sure if it was on this thread but i read that Bears Stearns was "setup" or "forced" to go under by the other banks and the FED - as payback for being the only bank for not helping with bailing out of LTCM. Just wonder if anyone had thoughts on that.. __________________________________________________________ vespij, A couple things come to mind. Serbia was the ONLY European country to tell the IMF to go to hell. It is the only one that did not let the IMF into its business. As a result, a MESSAGE was sent to other countries showing what happens if you do not go along with the program: They (using NATO etc) bombed the hell out of Serbia and took away Serbia's most productive province--Kosovo--where the Trepca mining complex is located--the third largest mining complex in the world--made up of over 100 separate mines and known for it "perfect 99's"--(99.99% pure zinc and lead). The message to other countries was clear: "This was what will happen to YOU if you don't let us get our hooks into your country." The point you brought up is interesting, because that is exactly the way organized crime works out on the street. Individuals have to be made an example of so that things don't get out of control to the point where others might get the idea also that they also don't have to go along with the "program." The strike against the offender must be vicious and brutal--in order to convince others not to try the same thing. Look up Griselda Blanco sometime. She was Pablo Escobar's girl in Miami. She was thought to be responsible for 200-300 killings--many of them entombed in concrete in newly built buildings in Miami . I knew a guy who had dealings with her. His description of her was, "She was a short fat broad--she dressed in expensive clothes, but they never looked good on her. She was born on the street. She had been a prostitute. She understood money. She wanted to be paid. She had long arms. She was serious about her money." I asked the guy if he wasn't uncomfortable coming in contact with her. He said, "No, there was no problem dealing with her as long as you paid your debts." He also added that he didn't necessarily approve of her methods of keeping things under control, saying, "If someone owes me money I wouldn't want to go that far [homicide]. But I would have to make my point." The danger for the "business" is that everything could fall apart at once if the word got out that one "customer" was not complying. Maybe off-topic, but the same guy said that Roberto Duran, the boxer, got himself involved in a situation where "he did some favors for some people" and found he (and they) owed Griselda Blanco $8 million dollars. To stay alive he went through the ridiculous farce of losing to Sugar Ray Leonard by walking out of the ring in the middle of a round. That allowed him to settle the debt to Blanco and remain alive. upload.wikimedia.org

To: vespij who wrote (37523)	3/27/2008 7:51:03 PM
From: Bucky Katt	Respond to of 48461

Ranting is good for the soul. I would agree with that line of thinking as to the demise of BSC, knowing what I know about the inner workings of the white shoes of the street. Of course, I could be wrong.