[benjamin032]

He didn’t pay himself, the board of directors paid him. I didn’t give him a dime, until the Government told me to. So is it the CEO, the Board, or the Government that should go to jail?

[org.whodat]

Years ago I had a good friend that was CEO of my bank, he went to jail for five years for misstating his financial statement on a loan. It did not matter that he paid the loan back. This man lied on his financial forecasts and paid himself in advance for profits that never happened and never will.

It is sort of like lets you and I start a bank, we get 100,000 people to open accounts, we decide we are going to-do very well, so we take the deposits and pay 80% of them to ourselves for a bonus. What the hell it's only tax payer insured and not our money to begin with. Now I wonder if that guy would like to sell madoffs boat.

Today the tax payers bailout failure and give them a bonus and some fools think thats the proper thing to-do.