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Re: Scumbags

By: capt_nemo in ROUND | Recommend this post (0)
Sun, 30 Oct 11 7:07 PM | 55 view(s)
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Msg. 35976 of 45651
(This msg. is a reply to 35972 by killthecat)

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Goldmang must have been citi's mentor.........

The news was that Citigroup had to pay a $285 million fine to settle a case in which, with one hand, Citibank sold a package of toxic mortgage-backed securities to unsuspecting customers — securities that it knew were likely to go bust — and, with the other hand, shorted the same securities — that is, bet millions of dollars that they would go bust.




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Scumbags
By: killthecat
in ROUND
Sun, 30 Oct 11 4:41 PM
Msg. 35972 of 45651

http://www.nytimes.com/2011/10/30/opinion/sunday/friedman-did-you-hear-the-one-about-the-bankers.html?src=me&ref=general


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