BAR wrote:
HK wrote:
BAR wrote:
Canuck57 wrote:
"BAR" wrote in message
...
Canuck57 wrote:
"John" wrote in message
...
On Wed, 17 Dec 2008 18:43:22 -0500, Boater
wrote:

...nothing. Just another cut'n'paste.
--

John Salmonbait
It is. But I was thinking the other day this bank bailout is a
farce.

Why not do it this way. Pass a legislation that a bank MUST pay
it's debts and creditors or face immediate liquifaction. Special
chapter 7a if you will.

Absorb the bank, firing all senior management and board with cause.
Jailing all officers of the bank. And I do mean officers of the bank.

Good point. The SEC should be hiring 5000 auditors and prosecutors
right about now. Getting them trained up to go after the fraud that
has gone on. The billions GM Chrsylser want is better spent in
prosecuting corruption and incompetance.

When I got my first mortgage the guy making the loan pointed out to
me that he was an "officer" of the bank. I responded "oh." I didn't
bother telling him that anyone with a college degree and an IQ above
room temperature working at a bank is made an "officer" of the bank.



Don't take this the wrong way, but instead of playing golf, you ought
to enroll in one of those high end weekend degree programs and get
yourself a college degree.

I don't need a college degree. I have done quite well for myself. I have
four sisters all with Bachelors degrees one with an MSN and two with
MBAs. They still haven't caught up to me.


It's not a matter of catching up, and in fact has nothing to do with
earnings.