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The Latest AIG Story (must-read)
The Wall Street Journal ^ | Jan 29, 2010

Posted on 01/28/2010 10:53:57 AM PST by TopQuark

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To: TopQuark

Sheesh! Do you work for these animals?


21 posted on 01/31/2010 7:37:38 AM PST by Anti-Bubba182
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To: TopQuark

>>”I believe the exact word is fraud”
>
>Do you have any evidence for that?

Dictionary.com definition for Fraud:
1. deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage.
2. a particular instance of such deceit or trickery: mail fraud; election frauds.
3. any deception, trickery, or humbug: That diet book is a fraud and a waste of time.
4. a person who makes deceitful pretenses; sham; poseur.

Taking note of definition #1 anyone trying to ‘hustle’ or ‘pressure’ you into signing something with a lot of fine-print IS committing a fraud [though perhaps not in the legal sense, just as lying is different than perjury]... even those who ‘explain’ the fine-print nicely can be committing it by definition 4 [like the ‘housing market is _ONLY_ going to go up!’ people that were pushing interest-only loans].

>Or, as it is customary for socialists, you just habitually defame tens of thousands of honest working people?

I provided the definition and reasoning for my defense above; or do you think that these legal morasses called ‘securities,’ which have been noted by many as an attempt to privatize the profits while [publicly] distributing the risk is, inherently, an honest practice? Do you think it is honest to draw up such tangled (property-ownership-wise) contracts and sell them off letting the courts sort out the mess? {Also consider how much of my [taxpayer] money is going to, as needs be, be used to straighten out the legal mess.}

Do you still think I am “habitually defam[ing] tens of thousands of honest working people?”


22 posted on 01/31/2010 1:59:37 PM PST by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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