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Main Area => Odds n Ends => Topic started by: The Buddha on September 10, 2008, 10:34:41 AM

Title: Stop paying your mortgage and see a corporate CEO get canned.
Post by: The Buddha on September 10, 2008, 10:34:41 AM
OK Lehman Brothers is next.

The Freddie and Fannie CEO will walk away with 8 million and 11 million respectively ... after commiting accounting sleight of hand, dabbling in pseudo AAA that they knew was shaky, wandering away from their original mandate and packaging non conforming mortgages ... just to make their balance sheets look better so they'd make more $$ cos their share prices will go up ... as in, more risk = more reward in the short term, and they got the share $ up by exposing the govt to extra risk and bit tax payers ...
Here it is then ...
1000's of people stop paying their mortgage and more and more of the wall street firms will start canning their CEO's and dropping dead. I mean, the govt ran to Bear Stearns rescue, they will sorta walk to Lehmann Brothers, and maybe the next one to fail ... but after that they will just yawn and let them die.
This is enronism in reverse at its best. leverage comes back to bite them in the ass ... and dont forget, its prolly been packaged and sold to a Russian diplomat or a chinese govt official. OK the public in those places too, but the higher you are in those countries, the more you are exposed in US bonds.
I'd like to see the CEO's in jail, and much of the communist cronies in the poorhouse ...
I want to see the clowns nailed by an industrial strength nail gun.
Cool.
Buddha.
Title: Re: Stop paying your mortgage and see a corporate CEO get canned.
Post by: jserio on September 10, 2008, 11:08:34 AM
in the testicals
Title: Re: Stop paying your mortgage and see a corporate CEO get canned.
Post by: yamahonkawazuki on September 11, 2008, 03:31:52 AM
naah, jsut attach or fasten aforementioned testicals, to gs500 exhaust pipe, and run it to 9k for say 30 minutes. searing pain, im quite sure will ensue, adn said crook will never reproduce  :thumb: