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12-12-2008, 01:03 AM
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#1 (permalink)
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Super Techie Join Date: Jan 2007 Posts: 267
|  --50 Billion Dollar Fraud--
Bernard Madoff arrested over alleged $50 billion fraud - Yahoo! News
This to me is a small insight into the world behind the curtain of publicity/news/media
American Greed at its finest. Say he's found guilty or partially guilty what do you think is equal or "just" in punishment?
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12-12-2008, 01:17 AM
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#2 (permalink)
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I am of the highest lvl.. Join Date: Oct 2007 Location: Sydney, Australia Posts: 2,456
| Re: --50 Billion Dollar Fraud--
Quote:
Originally Posted by GreenMachine  | It says a max of 5million dollars in fines. So.... yeah..... do the math... 
__________________  My pick up line is: I know Vernong.
Trotter: "Ask all the questions you want... whatever we don't know, we'll make
up something that sounds pretty good."
Antec-User: "I have a display now, but the darn system is crash-bandicoot on stock" | |
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12-12-2008, 01:44 AM
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#3 (permalink)
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Super Techie Join Date: Jan 2007 Posts: 267
| Re: --50 Billion Dollar Fraud--
I didnt ask what the books will throw at him. I asked what you all think is an equal or just punishment for his actions. Imagine the widespread hurt that has caused.
__________________ EVGA X58 3XSLI, Core i7 920, Vista Home Premium x64, 6GB OCZ DDR3, GTX 285 SSC Edition
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Last edited by GreenMachine; 12-12-2008 at 02:26 AM.
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12-12-2008, 01:55 AM
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#4 (permalink)
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I am of the highest lvl.. Join Date: Oct 2007 Location: Sydney, Australia Posts: 2,456
| Re: --50 Billion Dollar Fraud--
Quote:
Originally Posted by GreenMachine I didnt ask you what the books will throw at him. I asked what you thought is an equal or just way to justify his actions. | Oh... well then: Death.
__________________ My pick up line is: I know Vernong.
Trotter: "Ask all the questions you want... whatever we don't know, we'll make
up something that sounds pretty good."
Antec-User: "I have a display now, but the darn system is crash-bandicoot on stock" | |
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12-12-2008, 06:37 AM
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#5 (permalink)
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Lord Techie Join Date: Dec 2006 Posts: 5,007
| Re: --50 Billion Dollar Fraud--
Quote:
Originally Posted by zedman3d Oh... well then: Death. | The Federal bank of America is a private company that is governmentally regulated. Don't you think the heads of it commit fraud on a daily basis. Stock markets been corrupt since the begining there are always ppl in the know who share the info with other hedgefunds and thus a company goes bankrupt over night then next week gets heavily invested in when the stocks are low.
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12-13-2008, 12:20 AM
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#6 (permalink)
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Biostar Stole my heart Join Date: Feb 2008 Location: Under Zmatts bed Posts: 2,175
| Re: --50 Billion Dollar Fraud--
Pentagon has like 2~2.5 trillion go unaccounted for every year. So this isn't surprising.
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12-13-2008, 12:22 AM
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#7 (permalink)
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Join Date: Jan 2005 Location: The South Posts: 19,915
| Re: --50 Billion Dollar Fraud--
Non-disclosed is not the same as unaccounted for.  And it isn't trillions, trust me, but it isn't pocket change, either. | |
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12-13-2008, 12:36 AM
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#8 (permalink)
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BattleField Hero Join Date: Dec 2008 Location: san diego, ca Posts: 1,304
| Re: --50 Billion Dollar Fraud--
large curruption imo deserves the death penalty.
harsh ya, but this would make those who do it think twice about it. | |
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