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Non-Tech : A Lamp For Diogenes! -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Radley who wrote (54)	2/18/2009 5:46:21 PM
From: Arthur Radley	Respond to of 55

Yesterday it was Stanford Investments that was shown to have swindled investors out of well over $8B. Also, (RIMM)executives were charged with back dating options. Today, (GS)revealed that several partners had used company stock they owned to invest in all the toxic stuff and now they were getting margin calls for of all entities......their own company. And they don't have the money so GS is paying the fees to help them find lenders that will loan them the money..what about not using the stockholders money to help these guys! But the most unbelievable is the news tonight from Switzerland... Why would anyone have any faith in placing their hard earned money with this band of thieves on Wall Street and in the banks? UBS to pay $780 million over U.S. tax evasion charges By Wallace Witkowski Last update: 5:02 p.m. EST Feb. 18, 2009Comments: 36 SAN FRANCISCO (MarketWatch) -- The Department of Justice said late Wednesday that Swiss bank UBS AG UBS 10.33, +0.08, +0.8%) agreed to pay $780 million in fines, penalties, interest and restitution over criminal charges it helped certain U.S. taxpayers evade taxes. UBS also agreed to exit the business of providing banking services to U.S. clients with undeclared accounts and to turn over the identities of U.S. customers with such accounts