[TigerLikesRooster]

Ping!

[ikka]

Fuld, then Franklin Raines, Jim Johnson, Jamie Gorelick...

[aShepard]

Maybe he and Mozillo could share a cell.

They could be prisioner Bubbba’s!

[reaganaut1]

Making bad business decisions should not be a criminal offense. It’s probably true that Fuld painted an overly optimistic picture of Lehman’s finances, but CEOs are expected to put on a brave face, especially when they are trying raise money. Should Bush go to jail because he made optimistic statements about Iraq for too long before the surge?

Do you want businesses run by lawyers?

[Moonman62]

I suggest a televised trial by ordeal. Dunk him in water to see if he drowns.

[Wolfie]

That’d be a real shame.

[Toddsterpatriot]

If the aftermath of corporate failures like Enron and WorldCom are any indicator, the general public and the U.S. government will want the Wall Street titans partially responsible for the financial meltdown sent straight to the slammer.

As long as the politicians "partially responsible for the financial meltdown" are in the next cell.

[Liz]

Fuld's testimony before Congress was assinine----from Fuld's point of view he was screwed over by his fellow sharks. But Fuld deserves all the blame for not out-thinking these sharpies.

Fuld failed to line up his chess pieces in the high-stake financial games.........shoulda checkmated at the proper time. That's what he was paid half a billion to do.

All of these financial guys are Major Users. They play off each other---in sophisticated mind games to get a specific reaction. They then turnaround and use the other person for The End Game........ to enrich themselves. Very much in evidence when Fuld testified before Congress.

Same goes for hedgers.

[Oldpuppymax]

I don’t suppose the faithful dem lapdog Cooper mentioned any politicians or former political hacks in that little list of his did he?

[groanup]

According to John Ashcroft's sworn testimony in front of the 9/11 Commission the attacks were unforseen because of the wall of separation between law enforcement and intelligence that was implemented during the Clinton Admistration.

The person who issued the order to create that wall was Deputy AG Jamie Gorelick.

The same person who was Vice Chairman of FNMA during the years it cooked the books to create bonuses for high level employees.

Why isn't Gorelick doing a perp walk?

You'd have to go back to Jefferson Davis and Abe Lincoln to find someone who damaged the country more than Jamie Gorelick.

[elpadre]

the more of these corrupt, greedy manipulators of the market are indicted and serve time, the more confidence the public will have in the system,. But these prosecutions must be timely. They must not be dragged out forever and ever like Jefferson(D) of Louisiana.

[dennisw]

Be sure to sieze a good part of his wealth. That’s how the inbred Wall St culture keeps score. Then toss his butt into a nasty prison...not a country club prison.

Do the same for a lot of the other Fannie Mae and Wall St crooks

Get Franklin Raines into a prison cell. Same for Jamie Gorelik and Chris Dodd and Barney Frank

[Koblenz]

Why don’t we just toss the CEO of every company that loses money in jail while we’re at it?

[M. Espinola]