To: AdamSelene235
Employees at mortgage giant Fannie Mae manipulated accounting so that executives could collect millions in bonuses....
Nope. No such thing as greedy businesses.
2 posted on
05/23/2006 9:20:09 AM PDT by
trubluolyguy
(When Ted Kennedy and HRC support you Mr. President, it's time for some soul searching)
To: trubluolyguy
A business is not human, therefore it cannot be "greedy". Place the blame squarely where it belongs - on unethical and probably criminal top management joes.
10 posted on
05/23/2006 9:24:50 AM PDT by
cinives
(On some planets what I do is considered normal.)
To: trubluolyguy
Nope. No such thing as greedy businesses. Between Enron and now Fannie Mae, I'm starting to wonder how many other big businesses there are where this type of stuff is going on.
There is a definite downside to having stock prices and quarterly earnings as the be-all and end-all of business and the economy. It creates a huge incentive to fudge the data.
28 posted on
05/23/2006 9:52:52 AM PDT by
jpl
(Victorious warriors win first, then go to war; defeated warriors go to war first, then seek to win.)
To: trubluolyguy
Much of this is the Scrooge McDuck Syndrome; they have no use for the money, but it's so much fun to collect.
38 posted on
05/23/2006 10:40:14 AM PDT by
Old Professer
(The critic writes with rapier pen, dips it twice, and writes again.)
To: trubluolyguy
This was Democrat (meaning socialist) hacks and operatives who plundered Fanni Mae. Not businessmen.
48 posted on
05/23/2006 2:33:50 PM PDT by
dennisw
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