"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.

Bail out ONLY depositors of insured cash accounts and that is it. Share
holders, bond holders, etc. get zip. Reverse all severance packages,
bonuses and the like for the last 2 years if over $10,000. Re-adjust the
pensions if needed (likely in the toilet).

All BOD, presidents, VPs, and directors stock options and bonuses are
subject to a 5 year review and a truly independent auditor and then they
are paid. Freaking GM used to appoint the same freaking accounting firm as
their independent auditors for the freaking 50th year in a row.

Agreed. Call it "Pump and bail" adjustments. No other auditor would touch
GM or Chrysler until chapter 11 where I suspect some real ghosts will come
to light.

Wouldn't it be funny to see a CEO's face say that say retired 3 years ago
now get a check for $33K instead of $2M?

Give him a limo ride to a to an all inclusive vacation at the nearest
maximum security state facility.

Agreed. Forget white collar golf clubs. These crooks need some harder
time.

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.

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.

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.

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.

HK wrote:
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.

Cost benefit analysis. The benefit of a college degree for me is not
worth the cost at this time in my life. There are others in my life who
will benefit from a college degree and that is where my resources
efforts are focused.

BAR wrote:
HK wrote:
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.

Cost benefit analysis. The benefit of a college degree for me is not
worth the cost at this time in my life. There are others in my life who
will benefit from a college degree and that is where my resources
efforts are focused.


okay.

HK wrote:
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.

Harry,
You have a college degree, well sort of considering it was from Univ. of
Kansas, and look how you turned out. I mean really.

On Thu, 18 Dec 2008 09:29:57 -0500, BAR wrote:


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.

Ah, perhaps if they were brothers?

wrote:
On Thu, 18 Dec 2008 09:29:57 -0500, BAR wrote:


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.

Ah, perhaps if they were brothers?

I wasn't suggesting college for monetary improvement, but for
intellectual improvement. A good, traditional liberal arts education
teaches you how to think.