As if news of the collapsed auto bailout won't won't be bad enough on stocks today, news comes that former NASDAQ chief Bernard Madoff was arrested and charged with running a fraudulent investment scheme to the tune of $50 billion. $50 billion, that's almost $20 billion more than when Enron tanked in 2001.
Vermin like this guy make the case for a free market system that much tougher.
Friday, December 12, 2008
Subscribe to:
Post Comments (Atom)
4 comments:
"Vermin like this guy make the case for a free market system that much tougher."
No.
Vermin like Madoff make the case for swift, public executions that much easier.
Easy Trotsky...no need to start executing the Bourgeoisie just yet.
GG
Hey, I'm no Trotsky-ite!
My heros are Goldwater's Ghost, Captain Capitalism, and the Conservative Wahoo.
I just think the markets would regulate themselves if the pieces of crap like Madoff knew they would face swift execution for their crimes
Ah, I knew I'd eventually smoke you out...
Perhaps you're on to something - country club prisons don't seem to be much of a deterrant to this slime (assuming he sees any jail time at all)
GG
Post a Comment