What is Digg?129 Comments
- FlyingPhotog, on 10/23/2008, -4/+53They're going to federal pound-me-in-the-ass prison.
- inactive, on 10/24/2008, -1/+47Are they going to arrest Paulson, Bernanke and Greenspan?
- mrzeero, on 10/24/2008, -0/+32They better hurry up, otherwise Bush won't be able to pardon them before he leaves office.
- akhomestead, on 10/24/2008, -0/+21No, they'll find patsy's to take the fall.
- akhomestead, on 10/24/2008, -1/+20Take the republicans to for being paid off not to stop it. Including Bush. They all need to go to jail. Both parties leaders used ***** to keep us distracted while they robbed us blind. The real two parties in DC are corrupt and not corrupt, and there's only about 10 in the latter group.
- milobennett, on 10/24/2008, -0/+17Bet you that they don't do a thing about it. The last thing they want is this mess in a court of law where legal procedures and discovery are in effect.
- dukeeeey, on 10/24/2008, -3/+19LOL, no one will get punished, and just like 911, these people will walk away, probably with promotions.
- LeepII, on 10/23/2008, -0/+15Tar and feathers come pretty cheap......
- rald84, on 10/24/2008, -0/+15you know what china does in these cases? yeah, the death penalty (bill family for bullet, blah blah). you'd think the conservatives who are so hard up to execute juvies, retards, and poor people would rant and rave about DP for financial crimes. (scotus left dp for non-individual crimes like treason available)
- socalftw, on 10/24/2008, -0/+13It's all talk. Nothing is going to happen to them. Money buys freedom and they can definitely afford it.
- alvarezg, on 10/24/2008, -1/+14At the bottom of this there are thousands of fraudulent loan applications. The borrowers who signed such papers need to at least lose the house. The bank officers who went along or even promoted this scam need to do time.
- cle2105, on 10/24/2008, -0/+11There are still illegal practices within these industries, such as investor fraud. An example would be Lehman CEO Dick Fuld telling investors that they were better capitalized than they really were in order to get said investers to give the bank more capital. This is illegal
- saltydawkins, on 10/24/2008, -2/+13I am so sick of this blame game when the entire problem is much deeper than some bad mortgages and shady stock deals. We Americans have been living outside our means since the Regan administration and, like all the wildest parties, the cops have finally shown up and sent everyone home. And who's to blame? The government, for not regulating the "market" better? Only if you want them telling you what you can and cannot do with every dollar you earn. The banks for selling us dreams we can't afford? They, like every other business on the planet, are in business to make a profit. Or maybe we blame advertising companies for constantly bombarding us with bright, colorful, beautiful, and ever-more creative ads for things no one really needs? Again - they're in business to make money.
Ultimately the blame lies with us, the consumer. It starts with an over-priced pair of sneakers that you just have to have so you put it on your credit card and works its way up to a new car with 0% financing for the first year and eventually you're signing papers on a house with a hugely inflated price and a sketchy interest-only loan. We have created a society of instant gratification where credit is somehow more valuable than cash and that simply cannot sustain itself for much longer. This banking collapse and the current market dips are only the tip of the iceberg. - docksquad33, on 10/23/2008, -1/+11hope they do something about this!
- dondara, on 10/24/2008, -0/+10Somebody will take fall for this but the guilty will go free.
America, the best justice money can buy! - inactive, on 10/24/2008, -0/+9The economic collapse and the Wall Street Bailout Ripoff are a bipartisan effort, brought to you by both wings of the DemocratRepublican party.
- inactive, on 10/24/2008, -0/+9Wanna throw somebody in jail? Start wit the jackasses Barney Frank and Chris Dodd who got the government into the business of subsidizing and securitizing mortages. It is the distortion of artificially cheap money that killed the housing market not CEOs. But the left loves a scapegoat, never ones to point fingers. You want these ***** managing your healthcare?
- superfusion, on 10/24/2008, -1/+9If they can get Conrad Black for taking a box from his office, they can get a guy who made $400 million selling snake oil wrapped in financial securities.
http://www.financialpost.com/conrad_black/story.ht ... - MeatMountain, on 10/24/2008, -0/+8Because some of them work on his campaign!
- atmenterprises, on 10/24/2008, -10/+18And Clinton and at least half the Democrats?
- rdizzle, on 10/24/2008, -0/+7And the winner is... lawyers.
- AndrewMoyer, on 10/24/2008, -1/+8If McCain loses this election, I would almost guarantee that Bush hands out a swath of pardons in the eleventh hour.
- banjom, on 10/24/2008, -0/+7Maybe. But congress and the executive branch may want convictions to deflect the heat away from themselves.
- shipwreck58, on 10/24/2008, -0/+7As well as a good chunk of Democratic and Republican politicians including two presidents.
- Billistic, on 10/24/2008, -0/+6Don't forget minimum security prison. There's no guys named Tyrone with a dick shaped like a shiv in those prisons.
- voodoochild461, on 10/24/2008, -0/+6It's good the they are getting reprimanded, but its too bad it wont actually fix the economy.
- mikedoth, on 10/24/2008, -0/+6But wait, there's no conjugal visits?
- inactive, on 10/24/2008, -0/+6You mean attacking 100%-backed things like e-gold & the Liberty Dollar while ignoring hyperleveraged political contributor giants on Wall Street was a bad idea??? Well, knock me over with a feather!!!
- atmenterprises, on 10/24/2008, -0/+6You're right akhomestead. I don't hear a big call from Capitol Hill asking for a federal investigation into government corruption. And that's a shame.
- redux2redux, on 10/24/2008, -1/+7What do you mean 'Possible'?!
They packaged up ***** and Moodys stamped it grade AAA.
It will probably be one of those country club prisons and they get to keep their money... - DaveDmd, on 10/24/2008, -2/+7It's funny how the rich get rich and the poor have to give the rich their money so the rich will stay rich!
- traveler1217, on 10/24/2008, -2/+7 Unfortunately, even with Gonzales ousted, the majority of the supreme court and the judicial branch are still in bed with the Repugs abd Bush is filling the inkwell for his pardon rubber stamp.
- sultanica, on 10/24/2008, -0/+5a few convictions for the guys in the middle but never at the top....keeps everyone happy and the public ignorant of the real criminals...
- Latentk, on 10/24/2008, -3/+8http://digg.com/2008_us_elections/VIDEO_Dems_fight ...
Funny thing, your own sweetheart Dems are responsible. I doubt Bush would even bat an eyelash while he tosses every single one of them into prison. - mugupo, on 10/24/2008, -0/+5We probably gonna see dramatic increase in crimes, suicide rate.
- EntropyFan, on 10/24/2008, -0/+5No, but if the reprimands are stern enough (and by that I mean long, long prison terms) then those in charge after the economy is fixed might think twice about what they are doing.
- tRANIS, on 10/24/2008, -0/+4Yeah but thats we need. Someone actually looking into what the hell caused this and why did it happen to this extent.
- cubicledrone, on 10/24/2008, -2/+6No. It starts with the fact Americans have been underpaid for nearly four decades in this country. It starts with the fact that workers have been forced to shoulder more and more of the burden of retirement, education and health care by employers who pocket the savings. It starts with the massive productivity increases in this country that have been pocketed wholesale by a very small group of people and businesses. It starts with the wanton destruction of the middle class by massive systematic layoffs, factory closings and downsizing.
People turn to their credit cards because their paychecks are consumed completely by the basics. The reason is because the basics have been getting more expensive for 40 years and our paychecks haven't kept pace. Add all the extra costs and people must load up their credit cards to break even.
We need to build things HERE in THIS COUNTRY again, and pay our workers what they are worth. Simple as that. - inactive, on 10/24/2008, -0/+4Grampy can't even remember his own name.
On second thought, he DID make Charles Keating famous... - inactive, on 10/24/2008, -0/+4Why are you people still listening to corporate CEO's and Wall Street Bankers after they have lied repeatedly to their employees, shareholders, the U.S. government and the public. Just a few of weeks before they asked for a government bailout or went under, they were telling their employees and shareholders that the fundamentals of the company were sound. Now they are telling people to stay in stocks or buy more stocks in companies because you will make money in the long run but what they don't tell you is that the companies that you are buying stocks in will not be around a year from now.
These Wall Street types are just protecting their own interests and don't give a damn about you or the U.S. economy. And they have repeatedly shown that. They are just interested in protecting their own golden parachute and don't give a damn about shareholders, the middle class or the economy.
Has any bailout really worked making the U.S. economy stronger? The U.S. automaker bailout? No. The airline bailout? No. The defense industry bailout? No. The Savings and Loan bailout? No.
I have dumped all my American company stock with the exception of a couple because most of these companies will not be around by the end of next year. I still remember the internet company stocks that wall street were telling me to keep my money in because in the long run I would make money. But in the long run, those companies went out of business and lost all that money.
Don't listen to Wall Street Bankers because they aren't looking out for your best interest. They are just looking to take money from you. - DeFex, on 10/24/2008, -0/+4so bush wont pardon everyone
- scoot2006, on 10/24/2008, -0/+4Criminal charges?!?! That's just stupid. There shouldn't have been a bailout and the people who tried to buy housing they couldn't afford in the first place should have to deal with the consequences. Apparently the government wants to make sure no one's responsible for their own decisions anymore.
- wacked, on 10/24/2008, -0/+4Hah! more like club fed.
- reyalp, on 10/24/2008, -0/+4yeah, but maybe in 5yrs they'll actually begin to do some prison time. Those wheels turn slowly.
- evildemonic, on 10/24/2008, -1/+5Your common-sense politics have no place on Digg!
- rowlodge, on 10/24/2008, -0/+3these guys have the luck of a leprechaun. probably get a few years imprisonment max. remember "ivan boesky"?
- Snap65, on 10/24/2008, -1/+4for a sec. i thought the title said "Netflix in Financial Crisis"
- commenter01, on 10/24/2008, -0/+3not if those golden parachutes turn into golden shields...
- Wargalas, on 10/24/2008, -0/+3Dugg for the truth that Digg users can't bear to hear.
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