A Ledgie wants to know: Economy Edition

[strandinthewind]

Originally Posted by HejiraNYC

Hmmm... you mean like the 1980's S&L Scandal involving Jeb, Neil and GW BUSH?

It wasn't just them and I suggest it started brewing in the 70's.

In the end, some, but certainly not all, corps are always trying to get away with something. Remember the check kiting scheme EF Hutton did I think that the Bear Stearns big wigs likely will be prosecuted. However, we need to see the books to determine that. Even if they did nothing illegal regarding the trading of the AAA bonds, if they consistently lied while diluting their own shares, they likely will go to jail as many others have in the past.