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To: Philly Nomad

Fraud, untold counts.

Lets see, where to begin...

Passing off investments that make Junk Bonds look stable as AAA securities for one.

They engages in thousands of counts of Fraud and fiscal mismanagement.

Last I checked, such things were very very very much illegal.


36 posted on 04/09/2008 6:45:39 AM PDT by HamiltonJay
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To: HamiltonJay

Bear didn’t do it, Moody’s gave the bonds the AAA ratings. Wall Street banks cannot grade their bonds.

Try again.

When it works it’s called risk-taking and when it fails you people call it “Fiscal Mismanagement.” You still can’t point to any laws being broken.


37 posted on 04/09/2008 10:07:18 AM PDT by Philly Nomad
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