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rushmc

But, but, the FANIE CEO can do this to get the bonuses ?? WTF

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Agreed; the Fannie Mae execs are first-class fuckers, too, and maybe should be criminally prosecuted, too. Note how much is being paid for by insurance policies; but in any event, none of these guys have to cash out their homes or Beemers. And the public arrogance! - "The settlement is a capitulation by OFHEO, reflecting that its concocted claims never had an ounce of merit," [defense attorney] Salkey said in a statement.. If they feel so strongly that way, they should take the case to trial. Otherwise, they should just pay (or let the insurance pay) the settlement, STFU, and slither quietly away.

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Every exec from the financial sector who contributed to the Bush recession through their greed and/or incompetence should be in jail (preferably in a cell with Bubba). Unfortunately a whole lot of them have been richly rewarded instead.

You should read The Big Short.
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The only sure way to survive a canopy collision is not to have one.

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