G-Money

Glad We’ve Got That Straight: IndyMac’s Funeral

This is a cycle. We are again at the beginning of 1976. Problem is the executives were allowed to enjoy the benefits of this downfall. Why are the investors getting the blame when our investment managers were in charge and knowingly allowed to continue purchasing in the face of overwhelming problems looming on the horizon? I gave my money to a manager, I shouldn't be punished because my faith in my manager was miss placed. Not that I knew about it ahead of time, unlike Martha Stewart who had inside information, it would be nice to have that info during these crisis. More banks will fall and now that Washington Mutual has been mentioned, good or not, that will cause undue pressures and have people lining up outside their door wanting their money.

This is not the time to sit by. We need to have these managers be accountable. Their assets should be seized as it was got with ill gotten gains. Anyone caught defrauding should be put to death. Stop the madness, and put the blame were it should be-management, upper management-Executives. They get paid good money to f**K people. I fail to tell the difference between an executive and a whore.