Re: E-mails Suggest Bear Stearns Cheated Clients Out of Billions
"nicholas a. evans" <[email protected]>
| Newsgroups | gmane.music.dadl.ot |
|---|---|
| Message-ID | <[email protected]> |
On Tue, Jan 25, 2011 at 2:07 PM, Lance McLain <lance-X3DuywwxauBWk0Htik3J/[email protected]> wrote: > I don't have any hopes whatsoever that these guys will serve jail time. > Most likely there will be a settlement for pennies on the dollar. Fraud > is just another business model these days. The crime pays far more than > any actual penalty imposed by regulators. I do read through all of your emails on financial system fraud, even though I rarely have anything to add. I was trying to think of other examples of "fraud as a successful business model" except on a smaller scale than the banksters, and two examples immediately sprung to mind: http://www.businessinsider.com/how-to-cancel-aol and http://www.imdb.com/title/tt0094155/. Any more? :) -- Nick -- dadl-ot mailing list http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us http://news.gmane.org/gmane.music.dadl.ot