Dukefrukem

http://www.reddit.com/user/Dukefrukem

Highest Rated Comments

Dukefrukem1 karma2013-09-10 13:07:32 UTC

It began in 2004 with Henry Paulson! Am I incorrect?

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Dukefrukem0 karma2013-09-09 20:17:45 UTC

Larry Summers, Robert Rubin, Henry Paulson, Richard Fuld... why haven't these men server time in prison for fraud?

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Dukefrukem-1 karma2013-09-09 20:27:48 UTC

Goldman Sachs bet against CDOs it did not own and got paid when the CDOs failed. Goldman bought $22 billion from AIG bank, so much, they took out an insurance policy foreseeing the collapse of AIG.... what about this behavior is NOT fraud? And more importantly, how does this not travel up to the CEO?

Richard Fuld was given a $485 million bonus because of his work during the subprime mortgages crisis, a clear conflict of interest. Robert Rubin made $126 million at Citigroup... they were all taking advantage of the system and they knew there was a breaking point.

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