The Big Takeover

[Allan from Fallbrook]

Jp: Don’t you find it strange that Bernie Madoff did not go to trial, but, rather, took the full weight (150 year sentence) and went straight to prison?

What do you want to bet that, for almost all of these guys (like Allen Stanford, of Stanford Financial), there won’t be a trial at all?

I think if the US government opens up that particular door, there will be a huge backlash with potentially lethal consequences for a lot of those folks involved in the fiasco.

There were AIG employees afraid to go to work because of the potential for violence. There were death threats left on voice mail and email and people actually out in front of the office.

This is going to get ugly, especially as the situation worsens.

[jpinpb]

Allan – I did find it strange and Madoff fell on his sword, so to speak. But I think it was b/c he didn’t want to take down his sons in the process. And I’m certain there’s still way more of his money out there that he doesn’t want tracked. Also Fed Pen is like a country club compared to other prisons anyway. But still, quite a lifestyle change for him. He knew the gig was up and just took the dive. There’s more to that story for sure.

You’re right. If doors were open, there would be a huge backlash. Riots in the street. We may get there yet. Another Tea Pary – taxation w/out representation. We sure are not being represented as we should be.

This is like Enron, but a much grander scale. The whole U.S. is involved and at stake.

[jpinpb]

Allan – I did find it strange and Madoff fell on his sword, so to speak. But I think it was b/c he didn’t want to take down his sons in the process. And I’m certain there’s still way more of his money out there that he doesn’t want tracked. Also Fed Pen is like a country club compared to other prisons anyway. But still, quite a lifestyle change for him. He knew the gig was up and just took the dive. There’s more to that story for sure.

You’re right. If doors were open, there would be a huge backlash. Riots in the street. We may get there yet. Another Tea Pary – taxation w/out representation. We sure are not being represented as we should be.

This is like Enron, but a much grander scale. The whole U.S. is involved and at stake.

[jpinpb]

Allan – I did find it strange and Madoff fell on his sword, so to speak. But I think it was b/c he didn’t want to take down his sons in the process. And I’m certain there’s still way more of his money out there that he doesn’t want tracked. Also Fed Pen is like a country club compared to other prisons anyway. But still, quite a lifestyle change for him. He knew the gig was up and just took the dive. There’s more to that story for sure.

You’re right. If doors were open, there would be a huge backlash. Riots in the street. We may get there yet. Another Tea Pary – taxation w/out representation. We sure are not being represented as we should be.

This is like Enron, but a much grander scale. The whole U.S. is involved and at stake.

[jpinpb]

Allan – I did find it strange and Madoff fell on his sword, so to speak. But I think it was b/c he didn’t want to take down his sons in the process. And I’m certain there’s still way more of his money out there that he doesn’t want tracked. Also Fed Pen is like a country club compared to other prisons anyway. But still, quite a lifestyle change for him. He knew the gig was up and just took the dive. There’s more to that story for sure.

You’re right. If doors were open, there would be a huge backlash. Riots in the street. We may get there yet. Another Tea Pary – taxation w/out representation. We sure are not being represented as we should be.

This is like Enron, but a much grander scale. The whole U.S. is involved and at stake.

[jpinpb]

Allan – I did find it strange and Madoff fell on his sword, so to speak. But I think it was b/c he didn’t want to take down his sons in the process. And I’m certain there’s still way more of his money out there that he doesn’t want tracked. Also Fed Pen is like a country club compared to other prisons anyway. But still, quite a lifestyle change for him. He knew the gig was up and just took the dive. There’s more to that story for sure.

You’re right. If doors were open, there would be a huge backlash. Riots in the street. We may get there yet. Another Tea Pary – taxation w/out representation. We sure are not being represented as we should be.

This is like Enron, but a much grander scale. The whole U.S. is involved and at stake.

[Allan from Fallbrook]

Jp: http://articles.moneycentral.msn.com/Investing/JubaksJournal/fluke-credit-crisis-was-a-heist.aspx

I don’t know if you’ve read the Jim Jubak article in MSN Money yet, but, like the Rolling Stone article, this is well researched and it will make you just as heartsick and angry.

I think the real investigations are about to begin, and I think that the truly hard questions haven’t been asked yet. I think Obama is in a tough spot, any way you cut it. He can attempt to soothe us with comforting words and bring this thing down gently, or he can do what he needs to do, which is bring this entire house of cards down. I’m pretty sure which direction he’ll go.

[Allan from Fallbrook]

Jp: http://articles.moneycentral.msn.com/Investing/JubaksJournal/fluke-credit-crisis-was-a-heist.aspx

I don’t know if you’ve read the Jim Jubak article in MSN Money yet, but, like the Rolling Stone article, this is well researched and it will make you just as heartsick and angry.

I think the real investigations are about to begin, and I think that the truly hard questions haven’t been asked yet. I think Obama is in a tough spot, any way you cut it. He can attempt to soothe us with comforting words and bring this thing down gently, or he can do what he needs to do, which is bring this entire house of cards down. I’m pretty sure which direction he’ll go.

[Allan from Fallbrook]

Jp: http://articles.moneycentral.msn.com/Investing/JubaksJournal/fluke-credit-crisis-was-a-heist.aspx

I don’t know if you’ve read the Jim Jubak article in MSN Money yet, but, like the Rolling Stone article, this is well researched and it will make you just as heartsick and angry.

I think the real investigations are about to begin, and I think that the truly hard questions haven’t been asked yet. I think Obama is in a tough spot, any way you cut it. He can attempt to soothe us with comforting words and bring this thing down gently, or he can do what he needs to do, which is bring this entire house of cards down. I’m pretty sure which direction he’ll go.

[Allan from Fallbrook]

Jp: http://articles.moneycentral.msn.com/Investing/JubaksJournal/fluke-credit-crisis-was-a-heist.aspx

I don’t know if you’ve read the Jim Jubak article in MSN Money yet, but, like the Rolling Stone article, this is well researched and it will make you just as heartsick and angry.

I think the real investigations are about to begin, and I think that the truly hard questions haven’t been asked yet. I think Obama is in a tough spot, any way you cut it. He can attempt to soothe us with comforting words and bring this thing down gently, or he can do what he needs to do, which is bring this entire house of cards down. I’m pretty sure which direction he’ll go.

[Allan from Fallbrook]

Jp: http://articles.moneycentral.msn.com/Investing/JubaksJournal/fluke-credit-crisis-was-a-heist.aspx

I don’t know if you’ve read the Jim Jubak article in MSN Money yet, but, like the Rolling Stone article, this is well researched and it will make you just as heartsick and angry.

I think the real investigations are about to begin, and I think that the truly hard questions haven’t been asked yet. I think Obama is in a tough spot, any way you cut it. He can attempt to soothe us with comforting words and bring this thing down gently, or he can do what he needs to do, which is bring this entire house of cards down. I’m pretty sure which direction he’ll go.

[jpinpb]

I skimmed through the article. I just keep thinking whoever tries to fix this will be the equivalent of trying to pull a tablecloth from under a fine china dinning set. Good luck. They’ve already made the money disappear. It’s all one big magician’s act.

[jpinpb]

I skimmed through the article. I just keep thinking whoever tries to fix this will be the equivalent of trying to pull a tablecloth from under a fine china dinning set. Good luck. They’ve already made the money disappear. It’s all one big magician’s act.

[jpinpb]

I skimmed through the article. I just keep thinking whoever tries to fix this will be the equivalent of trying to pull a tablecloth from under a fine china dinning set. Good luck. They’ve already made the money disappear. It’s all one big magician’s act.

[jpinpb]

I skimmed through the article. I just keep thinking whoever tries to fix this will be the equivalent of trying to pull a tablecloth from under a fine china dinning set. Good luck. They’ve already made the money disappear. It’s all one big magician’s act.

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