Comments for Confirmed: Lehman Bros CEO Punched In Face »
Posted By berkeley 1 year, 1 month ago in Business & FinanceCNBC confirms that someone did indeed march up to Lehman Brothers CEO Dick Fuld and "knock him out cold" right after the bankruptcy was announced. Said Vanity Fair's Vicki Ward: "I'd have done the same too." In the CNBC video below, Ward discusses Fuld's apparent lack of contrition over his shambolic mismanagement of the company, and notes that the rumor of Fuld getting decked has been confirmed by two extremely reliable sources.
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kankunComment removed: Hard Banned
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njflex1 year, 1 month ago
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keiraad1 year, 1 month ago
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Littleemoh1 year, 1 month ago
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I wholeheartedly agree!! Take everything they own and everything that's been put in other families name for protection too! Let's not forget to boot out the politicians who got us in this mess too - Barney Frank & Chris Dodd and all of Congress & Senate!!!!!! At least we're getting rid of the lame-assed President come 1 mo.
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jak1124601 year, 1 month ago
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I think these companies should give only stock and no cash to outgoing CEO's that brought down their companies. They should look at the stock value at its highest when that CEO was running the company and then give them the amount of compensation due is stocks valued at their highest when he was running the company.
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Swissflyer1 year, 1 month ago
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I totally agree with your comment of imprisioning all guilty CEO's, plus making them pay back all monies. If a poor black guy commits some small time robbery, he goes to jail for a couple of years. Wake up America, because you are sound asleep at the wheel.
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fedupagain1 year, 1 month ago
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I totally agree 100%. These CEO's need to be brought to justice once and for all and be made examples of so all the other greedy and criminal minded culprits of these companies will not get away with this crap. I am so steamed over this!
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sieben131 year, 1 month ago
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That wont happen,they have friends in high places Bush,Cheney and the :GANG" These people don't give a rats ass about your money They make their money and to hell with you and yours . Wake up america,the system is broken and need to be FIXED a punch in the face was nothing after he made the insane money he did
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TweekerchickQC1 year, 1 month ago
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coolslow1 year, 1 month ago
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Fuld is a private sector guy and Lehman was a private sector firm. The company took risks, and went out of business causing a lot of investors to lose money. Horrible abuse, and corruption. Freddie and Fannie are semi-public institutions run into the ground by former government people like Raines, Johnson, Gorelick and Reno, and failed by current Congressmen like Frank and Dodd. Again, horrible abuse and corruption but on the part of people in which we expected a least a degree of public trust. These people should be hauled in to testify in front of investigative committees, then punched in the mouth. They are no less to blame than Fuld, and probably more so.
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cybotot1 year, 1 month ago
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I recommend that FULD, FRANKLIN RAINES and ALL of the other CEOS of these failed corps. be fined ALL of the millions they have skimmed off the top before jumping their sinking ships. I further recommend that THESE CEOS along with our "oversight watchdog" BARNEY FRANK AND HIS FANNIE MAE LOVER, HERB MOSES be put in public stocks on the National Mall for a COUPLE OF MONTHS or so, SO the public can come by and throw rotten tomatoes, cabbages, etc. at their heads, then baptize these devils with spit. Then I recommend that ALL of our representatives in the SENATE and the CONGRESS and the PRESIDENT (NO MATTER WHO IS ELECTED, since both Obama and McCain were in Congress when this debacle occurred) take a pay cut AND benefits cut, 50% SEEMS FAIR TO ME!!! I also recommend that from this moment ANY USA public servant who takes any money,trips,jewelry,etc. from any PAC or special interest be immediately fired, be barred from ever seeking office again and be sentenced to 10 years of shoveling crap at their local zoo and another 10 more of working in their closest city sewer if they don't perform first crappy job well (OR ANY OTHER CRAPPY JOB at the discretion of the judge) so they will understand what a bunch of crap is when they see it. At least they will still have JOBS but they will know American taxpayers REALLY AND TRULY expect them to DO THEIR JOBS WELL! And IF the economy improves, we will THINK about giving these partisan buffoons a raise. Brand new members of the Senate or Congress could be exempted from pay cut, unless they start UNDER-PERFORMING as well.
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Donatello1 year, 1 month ago
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I agree with every word that you have penned here.When will we finally say enough and kick our elected officials out of Washington when they so blatently go against the wishes and/or basic interests of the average American? What the hell are they there for?
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RebeccaC1 year, 1 month ago
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HAHAHAHAHAHAHA OH MY GOSH!!!! How I would love to shake the hand of this person. I agree with poster "TweekerchickQC" that violence is never the answer, but this guy really had it coming. How I would have loved to do that myself to a couple of former employers.
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JeromeThomas1 year, 1 month ago
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PROPELLER is another of the several lame, low-content AOL click-throughs. I have STOPPED clicking on AOL story indexes, and instead open GOOGLE NEWS. This way, I avoid all the AOL clones like PROPELLER, POPEATER, WALLET POP and other empty scams. Realize that AOL is no more than click bait for morons, and you'll be better off.
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JamesMarcus1 year, 1 month ago
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Speaking as a Propeller staffer, let me ask: what's the scam? Sure, Propeller is a social news site owned by AOL. It offers community-driven content, which is what differentiates it from the other AOL properties you mentioned. If that's not your cup of tea, there's no need to return--but this hardly qualifies as a bait-and-switch racket. All you lost was the sixty seconds it took you to type that comment. Of course we appreciate the participation :).
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haledav1 year, 1 month ago
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Now, THAT is funny!!! We need a little sunshine right now, and the vision of Fuld being knocked on his ass is just too beautiful. Does anyone know who did the ouching? Was it a former investor or employee? Whoever it was, God bless and keep them. We can only hope the FBI ends up prosecuting this little weasel.
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bankonclydeComment removed: Hard Banned5 Replies
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ateazeinbham1 year, 1 month ago
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I think corporate CEO's salaries in Japan are limited to 17 times their highest paid employee....Stockholders here have no rights to what a CEO's compensation is...That is decided by the Board...Boards are usually made up from over compensated CEO's from other company's...the old boy network...
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I believe congress needs to pass laws or we might need a constitutional amendment to limit these CEO's compensation package....They are nothing more than the robber barons of the 19th century...
These CEO's and their underlings believe they are worth every penny..When Lehman Brothers CEO Dick Fuld was begging congress for money he was also begging his board to approve 20 million dollar exit packages for some of his people that were leaving....
This country is in horrible shape....There is nothing wrong with being a HAVE...But us HAVE NOT'S are tired of getting raped by our government and by these corporate self-serving, righteous, crooked,bigwig individuals..
They love to quote history on how this country was founded....But when Joe and Jane Average finally stand up because they are so sick of this....What will they think when we throw our TEA PARTY...-
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seoloc1 year, 1 month ago
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The members of the board of trustee's are approved by majhority vote of the stockholders of common stock once a year as required by Federal Law. Usually the stockholders will received a snail mail, e-mail notification of when and where the anual stockholder meeting is to be held and notification of the different slate of board members being nominated. Usually the stockholder will be asked to give his/her proxy vote for the total number of common shares he/she owns to a person to vote at the stockholders meeting. Sometimes even the top level of managment is also up for confiramtion by these common share stock holders.
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ateazeinbham1 year, 1 month ago
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I think corporate CEO's salaries in Japan are limited to 17 times their highest paid employee....Stockholders here have no rights to what a CEO's compensation is...That is decided by the Board...Boards are usually made up from over compensated CEO's from other company's...the old boy network...
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I believe congress needs to pass laws or we might need a constitutional amendment to limit these CEO's compensation package....They are nothing more than the robber barons of the 19th century...
These CEO's and their underlings believe they are worth every penny..When Lehman Brothers CEO Dick Fuld was begging congress for money he was also begging his board to approve 20 million dollar exit packages for some of his people that were leaving....
This country is in horrible shape....There is nothing wrong with being a HAVE...But us HAVE NOT'S are tired of getting raped by our government and by these corporate self-serving, righteous, crooked,bigwig individuals..
They love to quote history on how this country was founded....But when Joe and Jane Average finally stand up because they are so sick of this....What will they think when we throw our TEA PARTY... -
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pilondog1 year, 1 month ago
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hAVE YOU NOT LISTEN ???? ALL OF THIS MESS STARTED WHEN THE DEMS TOOK OVER THE CONGRESS ---- GAS WENT UP AND ALL THE CROOKS STARTED TO PAD THEIR POCKETS DAMM USE YOU HEADS
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LOOK WAHT THEY HAVE DONE TO US . AND YHOU WANT TO VOTE THAT MUSLUM INTO OFFICE ???????????????????-
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TheHammer6661 year, 1 month ago
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Gas prices started increasing when we invaded Iraq on unsubstantiated intelligence reports. This mess was started baci in 1999 by Phil Graham and Bill Clinton. The reregulation of theses businesses was voted on by Republicans and Democrats and signed into office by Bill clinton. Probably the only mistake he made aside from NAFTA.
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05mustang1 year, 1 month ago
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You are only half right. The deregulation began under President Reagan who felt government was too much involved in big business. Every president since Reagan signed some sort of deregulation bill. So there is enough blame to go around for Republicans and Democrats
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blurb7771 year, 1 month ago
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I hate to burst that bubble of misunderstanding that you have been living in but, all of this occurred because the Democrats did come into office and the rat traps were set and the rats were caught. Another thing, the Democrats only had so much power-that's how this wonderful system of ours works. The Republicans fought against everything good in congress that could've helped our country by the democrats. The Republicans caused a our government to have a lameduck congress-nothing could pass because the Republicans wouldn't let it happen.
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blurb7771 year, 1 month ago
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Obama is not Muslim, he is Christian, with a family and lives in America in One home. Not like McCain who has 7 or more homes and doesn't have a clue what to do with the poor and middle class family. I guess it's true that it wouldn't matter what Obama does should he make it to the oval office...people just like to hate and that is so sad and this country is going to go down the tubes just because they love to hate
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lerrimee1 year, 1 month ago
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I think we need to sue these rotten CEOs! We the people have had to bail out their bad decisions and they should have to pay back their "golden parachutes" to the American people! What they have done is CRIMINAL and they need to be PUNISHED. Let me tell you if any of us main streeters had done something similar we would be fined and placed in the slammer. Seize all their bloated belongings and auction them off. And what about the AIG executives who spent $400,000 a week after we bailed out their company? Fire them and demand the money back!
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papam111 year, 1 month ago
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Fuld is the perfect example of the "I/Me" growd. What could the shareholders possibly be thinking, letting pieces of garbage like him walk away with hundreds of millions of dollars. If it were me, Fuld would still be spitting teeth out. What an arrogant piece of garbage. May a herd of camels ..................!
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sgreer42721 year, 1 month ago
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Something that has concerned me is NO mention of investigators lookin into how these Bastards have handled the billions of mortgage escrow dollars that are paid monthly by home owners. That money is also held trust inviolate! Any bets??
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krash19431 year, 1 month ago
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When I hear reports of government officials talking about salary caps for corporate leaders involved in the collapse I am sickened. Iwould have expected Federal officials to be seeking criminal indictments and seizing the assets of these creeps and the American people I speak to want to see them i Federal Prison for a long time. Failure to act in this regard is causing a serious backlash against the current administration and will guarantee an Obama victory in spite of the fact that Democrats like Barney Frank and Nasty Pelosi are also to blame.
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vlgppl1 year, 1 month ago
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What I find funny is Dems will argue their side no matter the facts and so will Reps. It all boils down to repsect and it seems neither sides repsects the other anymore.
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Not one Dem can tell me why I should vote for Obama without saying something negative about MCain and not one Rep can tell me why I should vote for McCain without telling me something negative about Obama. If anyone for either saide can do this please feel free...Im still listening eventhough most Americans have heard the media spin and are ready to cast their vote.
Guaranteed if Obama wins there will be mistakes made and if McCain wins there will be mistakes made. The bad part is Americans will have to hear it from the other side that their candidate would have done a better job. The truth is we (Americans) have alread lost.
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MasterMeander1 year, 1 month ago
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Call me Pollyanna, but I do so like the idea of redemption. With that in mind:
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These Execs--from Lehman, Fannie and Fred, Enron, Exxon, Halliburton, et al...will return all their loot. We shall help them, even it means invading the Bahamas, Switzerland, Dubai.
In a grand gesture that acknowledges the far greater damage, each excec. will also donate all their organs. Today.
Call me Pollyanna, AKA "Mistress of New American Justice." -
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Deacontheman1 year, 1 month ago
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Maybe we should do as the Chinese do... When a CEO in China is caught stealing from his Company and the people, he is taken to the soccer field at dawn and shot in the head... Then his suitable organs are donated to another needy one...
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MMSands1 year, 1 month ago
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Right or wrong as it may have been to do, here's betting that delivering that punch felt really, really good, and was one of the most satisfying moments of that person's life. AT least, it's certainly very satisfying from where I stand, I must admit.
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bostonpcrepair1 year, 1 month ago
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Les Moonves is doing the exact same thing to try to save his ass before he runs CBS into the ground. He just handed down layoffs of about 10-15% of the workforce for CBS this past spring but he gives himself a 30% raise up to 69 MILLION per year. I can't believe the shareholders don't rise up and do anything but he's as bad as these other CEO's raping their company and then taking no blame when they can't turn a profit.
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twogolfcatsComment removed: Hard Banned
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cynandwyn1 year, 1 month ago
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I think anyone who was involved with illegal dealings should be jailed and part or all of the monies put back into the economy. I believe this should also happen with the Real Estate sector also. From the top down not just the "little person," being punished. I am sick of the regular folks having to pay and being blamed while CEO's walk away with Millions of dollars. My car insurance is with AGI and I am on a fixed income I have to struggle to keep enough money in the bank for the payment. If I don't pay then my car registration tag is suspended and I am driving illegally. I wanted to punch all the CEO's out when I heard the amount of money they walked away with. I barely make it every month and they take a trip and spend almost 500,000. I could live off of that for YEARS and they blew that in a week. HE DESERVED TO BE PUNCHED OUT SEVERAL TIMES...
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sulaymaan11 year, 1 month ago
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Fuld should be lucky this didn't happen.
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http://www.propeller.com/story/2008/09/23/ceo-murd... -
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WOW1 year, 1 month ago
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IN REGARDS TO FAULD(SP?)KNOCK OUT : IF THIS IS THE ONLY THING THAT HAPPENS TO THIS EXECUTIVE THEN THANK GOD. THE PAY OUTS TO CEO'S AND OTHER EXECUTIVES ARE REDICULOUS(SP?)AT THIS TIME IN OUR ECONOMY. THESE PEOPLE SHOULD BE HELD ACCOUNTABLE AND RESPONSIBLE TO RETURN ANY MONIES GIVEN OTHER THAN THEIR SALARIES.
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ADLIB721 year, 1 month ago
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A punch in the face is nothing because he still is a millionaire. They need to prosecute him and send him to jail along with all the other CEO's the just recently received these ridiculous multi-million dollar bonuses. It's really sad!
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obamaisatiChrist1 year, 1 month ago
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iF YOU HAVE NO ONE TO WORK FOR THEN HOW WILL YOU LIVE? I AGREE WE SHOULD GET RID OF THE CROOKS, HOWEVER WHY DO THE PEOPLE THAT GO IN TO BUSINESS GO FOR, I KNOW IF I HAD MONEY AND WENT IN TO BUSINESS, AND ALL THE BLAME GAME AND TAXS WAS TO BE PUT MY WAY I WOULD TAKE MY LITTLE BIT OF MONEY AND SAY YOU DON'T WANT ME TO CREATES JOBS THEN THE HACK WITHIT AND GO MY OWN WAY AND LET THE ONES THAT HATE THE SO CALL RICH MAKE THERE OWN WAY. WHY HAVE THE HEAD AC, WHY TRY TO HELP BY WAY OF GIVEING JOBS TO PEOPLE THAT HATE THE RICH. AND IT IS AL READY STARTED THAT WHY THE MARKET IS AND WILL CONTIUE TO FALL WHO IN THERE RIGHT MINE WANT TO HELP PEOPLE WHO HAT THEM, I GRESS WE THE POOR WANT THE BIG BROTHER GROVERMENT TO GIVE US JOBS TELL US WHAT TO DO AND MAKE US WHERE THE SAME COLOR SHIRTS, SHOES, WHAT DOCTORS TO SEE, HOW MANY AND IF YOU ARE ALLOWED TO HAVE KIDS, YOUR HAIR CUT THE SAME WAY NO MORE FREE SPEECH, LIGHTS OUT AT A CERTAIN TIME AND YOUR WEEKS WAGE 35.00, YOU DON'T THINK SO I HAVE BEEN THERE I KNOW, AND IAM SO THANKFUL I AM FREE AT THIS TIME BUT AS A YOUNG BOY THE DREAM I HAD TO BE HERE IN THIS LAND AND WHAT IT STOOD FOR IS GOING AWAY YOU CAN DO AS YOU SEE FIT AND BELIEVE THIS YOU ARE BEING BRAIN WASH TO HAVE A GROVERMENT TO TAKE CARE OF YOU, WE NEED FREEDOM NOT A BIG BROTHER. GOOD LUCK
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dnncstlfdrms1 year, 1 month ago
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my hat goes off to you obamaisat. You are right we don't need the govt. leading our lives for us and we don't need them to do for us what we should be doing for ourself. One problem is that we are already headed that way and it seems to be a down hill slide because everyone wants a hand out from the state and govt.
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LynEvans1 year, 1 month ago
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I'm totally with njflex...seize all assets, prosecute them, and don't ever let them work in the industry again. In the meantime, let's all get behind the PIE ATTACK everyone's talking about. When you find out where these guys are going, or see them on the street. smack 'em with pie.
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mujerboricua21 year, 1 month ago
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I would have punched his lights out myself. I watched him speaking and I just wanted to cry. Then the next day I watched the CEO of AIG. Had I'd been there, I would have kicked him in his face. He was asked if he would consider giving back the money and he said, "No". They are ALL A BUNCH OF THIEVES. HAD IT BEEN ONE OF US, WE WOULD BE IN P R I S O N! I HATE THEM ALL! They have ruined so much for me and my family. We lost our dream home because of these THIEVES and the THIEVES IN WASHINGTON.
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joyfulliving1 year ago
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A strong government, I think, is the answer to control abuses from cons tryng to get their hands over escasse ressources and getting them into their packets. If the idea is to equalise society and give to the many instead of a few help to strengthen your own government. WALL PAPER STREET, AND ITS SHOP TILL YOUR DROP MESSAGES IS A CALL FOR FAILURE. REMMEMBER IF OUR WANTS ARE ILIMITED OUR RESSOURCES ARE LIMITED. BE SMART GO FOR YOUR NEEDS FIRST BUT KNOW THAT the OTHER ALSO HAVE NEEDS TOO.
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