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Where do you think this will go and how many will go down?
This Just in.. The FBI has launched a criminal investigation against Fannie and Freddie, Leihmann Brothers and AIG - Against the companies and the Executives - no doubt Sarbannes-Oxley Violations, but probably others. How many Kenneth Lays will come out of this one?
And How will this effect the market - and the takeovers of these companies?
CS101 - Oh really - well McCain took over $196,000 from Executives and Lobbyists of Freddie and Fannie - So they shoudl cart him off First, nto to metion the $2 million hsi Campaign manger took
6 Answers
- JulesLv 41 decade agoFavorite Answer
I used to be Operations Manager of two brokerage firm branches...
...there is so much insider trading that happens that average people are unaware of. Needless to say, I left there because I realized it wasnt a very ethical business.
- Village PlayerLv 71 decade ago
Seppuku except the dirty rats will take cyanide like that wussy Goring. The rich never pay they pass the money on through hidden bank accounts.
Can't wait for the FBI to enter the White House. The DNC and the RNC should be up om RICO charges and Chris Dodd should be made a disgrace.
- Anonymous1 decade ago
Take your money out of the stock market and out of the banks and buy gold, and hold it for at least 40 days then buy everything back at a fire sale price.
Be greedy as bankers and watch the suicide rate among the wealth managers of the world increase.
Expect the news bureau's to take the side of the bankers, most TV show people make more than 400,000 a year.
- Anonymous1 decade ago
Sounds like Fannie and Freddie where the personal slush fund for the DNC. Obama, over 100k as a junior senator. I think he should repay that money to the tax payer.
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- 1 decade ago
wow this is news to me...all I know is the less fortunate again will be helping the overpaid CEOS get out their mess while we continue to struggle. All of this is a mess and so will the $700billion of our tax money. We will never get out of debt at this rate.
