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To: Major Matt Mason

I have tended to defend the CEOs of corporations the government demanded extend indefensible loans to people who could never have serviced them.

If it is shown that CEOs and corporations did cook the books and play fast and loose with the rules, I hope the corporate officers involved spend the rest of their days behind bars.


11 posted on 10/05/2008 2:11:29 AM PDT by DoughtyOne (McCain, the Ipecac president... Obama the strychnine president...)
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To: DoughtyOne
If it is shown that CEOs and corporations did cook the books and play fast and loose with the rules, I hope the corporate officers involved spend the rest of their days behind bars.

If it can be proven that someone defrauded the government of some amount of money, would any new law be required to attach a tax lien of that amount?

I would suggest that if a company receives a $1,000,000,000 bailout and it can be shown that ten executives engaged in deliberate fraud that made such a bailout necessary, they should find themselves with $100,000,000 tax liens and be restricted from leaving the country until such time as the liens are paid.

17 posted on 10/05/2008 5:33:17 PM PDT by supercat
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