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To: marek_wojna who wrote (70657)	10/24/2008 7:23:40 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 74559

Marek, crime is when people do something actually criminal, meaning they intentionally created victims while breaking laws. To call Alan Green$pan a criminal is ridiculous. You should look at your own criminal proclivities, not his <Unfortunately AG is too old to be an organ donor >. People go broke all day every day and run companies into the ground, get things wrong, are ignorant, make mistakes etc. That's okay and not a crime. By your use of "unfortunately" you are showing your inclination to be vicious to an innocent person. I consider that quite shocking. But, it doesn't surprise me and I have already explained how such mob rule and mayhem is likely because of such attitudes en masse. Crime is fraud, theft, embezzlement and the like. It is not blundering, being ignorant, making mistakes etc. BTW, Robin Cooke had his bones stolen and he was a decade older than Alan Green$pan so you aren't quite right on that. Green$pan's brain is still a lot better than those of most of his critics who seem remarkably dull, so even that could be usefully transplanted. Uncle Al KBE did a pretty good job of running the Federal Reserve. I disagreed with timing, but overall it was near enough. The fault he agreed to was that he didn't think shareholders would be so suicidal. That is the one thing that one has to accept as part of any economic theory. It's obviously not 100% because some people do kill themselves and would rather go down and take everyone with them than lose power or accept other facts of reality. But there's nothing that can be done about that because that's the nature of life. Keeping power OUT of government hands is the way to reduce the impact from individual suicidal manias. The reason things will go bad is that putting governments in charge, which is what everyone now seems to think is a good idea, is precisely what leads to the real carnage. Because then megalomania is unbounded and we get uniforms and Adolf, Stalin and Mao will be on the march once again. Adolf was willing to take down everyone with him. Best to let such people just take down their own suicidally megalomaniac companies, not the whole country. So Alan was right to trust that bankers and their shareholders would try to protect shareholder value. Most of them will. Some of them won't. Bad luck for those who don't and those attached to them. BTW, collective guilt is not an Asian invention. It's just how primal primate tribes work and always have. When one tribe conquers another, the guilty males are killed and the new owners take over. "Guilty" means male members of the tribe and sometimes the females too. Now, three cheers for our great and estimable idol Alan Green$pan who kept the financial system humming along nicely for a couple of decades. Notice that it was a couple of years AFTER he had gone that it all went bad. Admittedly, the crazed borrowers and lenders got themselves into their messes when he offered money at 1%, but that's not his fault. When a booze merchant sells cartons of wine and whisky, they can't control how much the alcoholics drink. Blaming the booze merchant instead of the drunk is ridiculous. <There is absolutely no excuse to let him go without punishment. > You can't be serious, but it doesn't look like a joke. Hopefully you are the only person on the planet with such ideas. Unfortunately, I know you are not. Mqurice