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To: Robohogs who wrote (173016)10/1/2012 10:53:43 AM
From: teevee2 Recommendations  Read Replies (1) | Respond to of 206209
 
No one other than Countrywide guy has been punished. No one.


Wasn't he given an overseas gov't post? Some punishment that is.......

THE real problem is the debasement of the spirit of the law. Wall Street lawyers know it is impossible to legislate against their financial creativity. With convictions based upon the spirit of the law effectively out of the way, we now have a laissez faire financial system.



To: Robohogs who wrote (173016)10/1/2012 3:38:03 PM
From: t4texas2 Recommendations  Respond to of 206209
 
here is a book for you that just came out from john allison. he was on cnbc last week, and he said the book comprehends all the details of the history of the problem that culminated in the 2008 crash. he said it does not cover just one aspect. it comprehends all of them. look at the table of contents, and it appears it does. he claims to be uniquely qualified for this, because he was inside the banking system during all these happenings and experienced them. so i will just take him at his word and his table of contents, and i ordered the book.

amazon.com