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  • Wall Street Breakfast: Must-Know News [View article]
    You're dreaming. Franklin Raines, and every Democrat politician, not to mention every company CEO who has been supportive of the Obama Administration will escape prosecution. Look no further than GE who cooked their books, knowingly dispersed false and misleading info and they only got a $50 million fine from the SEC. They're a $150 billion company while Hank Greenberg was fined $15 million and is no longer a billionaire.


    On Aug 07 08:42 AM spald_fr wrote:

    > [Greenberg settles SEC charges. Hank Greenberg, former CEO and chairman
    > of AIG (seekingalpha.com/symbo...), agreed to pay $15M to
    > settle SEC charges accusing him of improper accounting transactions
    > between 2000 and 2005.]
    >
    > Well, this is good news. I guess the SEC will now go back to Franklin
    > Raines (who received $90MM in bonuses since 2000) and get some of
    > that bonus money back. Maybe Barney Frank, Chris Dodd and Rahm Emmanuel
    > will lead the charge for justice.
    Aug 07 10:57 am |Rating: +3 0 |Link to Comment
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