On Thu, 19 Mar 2009 06:04:00 -0500, thunder wrote:

On Wed, 18 Mar 2009 21:14:18 -0800, Calif Bill wrote:


I love it where they say they need the key employees. Were not these
same people employees when the companies screwed up bigtime? How F'n
key can they be?

Agreed, but ... These are the guys that put this complicated derivatives
disaster together. I've heard some say, they may be the only people that
can unravel the mess. It ****es me off, but we might be better off
paying the *******s.

Er, no. First of all, it's not just "derivatives" (do some reading on "CDO" and
"CDS" if you're interested) and secondly, anyone who _actually_ understood how
****ed-up all of this stuff is would have not gotten within a million miles of
it. That's, basically, the whole problem - 99.99% of the people that caused
this mess didn't have a friggin' clue (there were, I'm sure, a few that either
knew they didn't understand it and didn't care as long they were making money or
knew it was dangerous, and again, didn't care).

To have the very people who screwed the pooch try to unscrew it is not only
dangerous, but reckless.

TC,
R