On Thu, 18 Dec 2008 09:22:53 -0500, 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.

Harry, you pretend to have a degree from Yale. You may have one from
Kansas. Only the Shadow knows if you've got one at all.

Having associated with both you and Bert, I can honestly say your degree
did you no good whatsoever. In other words, Bert is head and shoulders
above whatever you could hope to be.


--

John Salmonbait