What the hell...
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"We needed trillions to buy toxic assets, but we only had 700 billion, so that's why we took an equity stance in banks."[^] (about 2 minutes in) Holy shiite muslim! It just rolled off his tongue like everyone dealt with billions and billions of dollars. Am I the only one that wasn't aware of this?!? :wtf: That's it, I need cash and I need to get ready to be self sufficient. In an unrelated (I think) display of ineptitude... Bush SEC Holdovers Cite Executive Privilege, Refuse to Answer Questions at Madoff Hearing[^]
Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.
What you call ineptitude I call conspiracy to steal. Executive privilege my ass. Waterboard-em, I say.
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What you call ineptitude I call conspiracy to steal. Executive privilege my ass. Waterboard-em, I say.
Interesting idea. I'm not very up on the Madoff hearings. I took it as face value from the congressman yelling at them, that they were just incompetent. Which doesn't really sound like the whole story. But I can't piece together what the SEC stood to gain from it, unless somebody there was paid off. But then why would all reps of the SEC play along?
Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.
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Interesting idea. I'm not very up on the Madoff hearings. I took it as face value from the congressman yelling at them, that they were just incompetent. Which doesn't really sound like the whole story. But I can't piece together what the SEC stood to gain from it, unless somebody there was paid off. But then why would all reps of the SEC play along?
Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.
BoneSoft wrote:
But then why would all reps of the SEC play along?
If they did nothing wrong, why claim executive privilege? Something really stinks in the Madoff deal, the SEC ignored him and the accountants that certified his books for far too long.
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What you call ineptitude I call conspiracy to steal. Executive privilege my ass. Waterboard-em, I say.
Rob Graham wrote:
Waterboard-em, I say
I'll hold 'em down. You pour. :mad:
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
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Interesting idea. I'm not very up on the Madoff hearings. I took it as face value from the congressman yelling at them, that they were just incompetent. Which doesn't really sound like the whole story. But I can't piece together what the SEC stood to gain from it, unless somebody there was paid off. But then why would all reps of the SEC play along?
Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.
BoneSoft wrote:
I took it as face value from the congressman yelling at them, that they were just incompetent.
Just because they're incompetent, doesn't mean they're not as crooked as Lombard Street. ;)
"Republicans are the party that says government doesn't work and then they get elected and prove it." -- P.J. O'Rourke
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Rob Graham wrote:
Waterboard-em, I say
I'll hold 'em down. You pour. :mad:
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
It's Tim's turn to pour...
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It's Tim's turn to pour...
Rob Graham wrote:
It's Tim's turn to pour...
Okay, then you get to use the bastinado on the soles of their feet.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
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BoneSoft wrote:
I took it as face value from the congressman yelling at them, that they were just incompetent.
Just because they're incompetent, doesn't mean they're not as crooked as Lombard Street. ;)
"Republicans are the party that says government doesn't work and then they get elected and prove it." -- P.J. O'Rourke
I don't doubt that they're crooked as hell, I just don't see the angle. And if it was intentionally ignored, that suggests some really large and wide spread corruption, which also wouldn't surprise me.
Visit BoneSoft.com for code generation tools (XML & XSD -> C#, VB, etc...) and some free developer tools as well.
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It's Tim's turn to pour...
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Rob Graham wrote:
It's Tim's turn to pour...
How about a nice buttery chardonnay or some Islay single malt?
"Republicans are the party that says government doesn't work and then they get elected and prove it." -- P.J. O'Rourke
Tim Craig wrote:
How about a nice buttery chardonnay or some Islay single malt?
So that would be wine-boarding? Torture for the rich and famous?
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
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Tim Craig wrote:
How about a nice buttery chardonnay or some Islay single malt?
So that would be wine-boarding? Torture for the rich and famous?
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
Oakman wrote:
So that would be wine-boarding? Torture for the rich and famous?
No, that would be us living civilized while we kicked the shit out of the bastards. ;P
"Republicans are the party that says government doesn't work and then they get elected and prove it." -- P.J. O'Rourke