Posted on 10/07/2008 7:42:43 AM PDT by meandog
“Wow, youre actually defending Fuld ....and here I thought Ramussens 7 point lead for B.O. in Florida was the most ridiculous item of the day ....”
I’m not defending him accept from physical violence. The guy tanked his company. Sometimes these things happen. It’s called capitalism. The board should have dumped him before it came to this. They are equally culpable.
That’s a long stretch going from the physical comeuppance to an individual, to mob rule. Relax.
BTW, he lost millions... and still got away with around $90 million.
What Fuld was engaging in was not capitalism. It was criminal.
L
This country is full of hungry lawyers. Watch for some big lawsuits that go after these folks' personal wealth.
Think it can't happen? With both parties now innovating, judges will soon be playing to the mob.
Arrest him???? Give that guy an award.
I was commenting to a friend that I wouldn't at all be surprised to see a bunch of CEO and CFO types be held more personally accountable
That would be nice. It would add some morality to the market.
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