Wall o' type edited for excess verbosity courtesy of BENewsCorp. No charge.Mur wrote:Special Report: The watchdogs that didn't bark
(Reuters) - Four years after Blah blah blah piss and moan, bitch bitch, bitch, woof woof, meow...
.
http://www.reuters.com/article/2011/12/ ... MC20111222
Mur's Wall of Whine
Re: Mur's Wall of Whine
"If you don't think to good, don't think too much." Yogi
Re: Mur's Wall of Whine
Makes sense, only blind, deaf, toothless dogs are acquired for the watchdog position.
Re: Mur's Wall of Whine
I wonder if the watch dogs are shit-yous...that would make some sense.
Re: Mur's Wall of Whine
Well watchdogs always do what they're designed to do. The watch patiently.. while they're waiting for the next bowl of kibble.
"If you don't think to good, don't think too much." Yogi
Re: Mur's Wall of Whine
Meh.lkwalker wrote:Wall o' type edited for excess verbosity courtesy of BENewsCorp. No charge.Mur wrote:Special Report: The watchdogs that didn't bark
(Reuters) - Four years after Blah blah blah piss and moan, bitch bitch, bitch, woof woof, meow...
.
http://www.reuters.com/article/2011/12/ ... MC20111222
Re: Mur's Wall of Whine
Here's a quick look into the three former Fannie Mae executives who brought down Wall Street.
Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae's accounting activities. Raines left with a "golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.
Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was a strong internal proponent of using accounting strategies that would ensure a "stable pattern of earnings" at Fannie. Investigations by federal regulators and the company's board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard's Golden Parachute was estimated at $20 Million!
Jim Johnson - A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation from the public, reporting that it was between $6 million and $7 million when in fact it was $21 million." Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson's Golden Parachute was estimated at $28 Million.
WHERE ARE THEY NOW?
FRANKLIN RAINES?
Raines works for the Obama Campaign as his Chief Economic Advisor.
TIM HOWARD?
Howard is a Chief Economic Advisor to Obama under Franklin Raines.
JIM JOHNSON?
Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee.
Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae's accounting activities. Raines left with a "golden parachute valued at $240 Million in benefits. The Government filed suit against Raines when the depth of the accounting scandal became clear.
Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard "was a strong internal proponent of using accounting strategies that would ensure a "stable pattern of earnings" at Fannie. Investigations by federal regulators and the company's board of directors since concluded that management did manipulate 1998 earnings to trigger bonuses. Raines and Howard resigned under pressure in late 2004. Howard's Golden Parachute was estimated at $20 Million!
Jim Johnson - A former executive at Lehman Brothers and who was later forced from his position as Fannie Mae CEO. Investigators found that Fannie Mae had hidden a substantial amount of Johnson's 1998 compensation from the public, reporting that it was between $6 million and $7 million when in fact it was $21 million." Johnson is currently under investigation for taking illegal loans from Countrywide while serving as CEO of Fannie Mae. Johnson's Golden Parachute was estimated at $28 Million.
WHERE ARE THEY NOW?
FRANKLIN RAINES?
Raines works for the Obama Campaign as his Chief Economic Advisor.
TIM HOWARD?
Howard is a Chief Economic Advisor to Obama under Franklin Raines.
JIM JOHNSON?
Johnson was hired as a Senior Obama Finance Advisor and was selected to run Obama's Vice Presidential Search Committee.
Credo quia absurdum.
Re: Mur's Wall of Whine
So, has Mur stopped whining? Did the meltdown finally happen? You all living in caves now? What?
I heard yesterday that there was some positive news in the American economy, employment rates going up or something, but I guess it was all just an evil lie from Obama's staff.
Those effing liars!
I heard yesterday that there was some positive news in the American economy, employment rates going up or something, but I guess it was all just an evil lie from Obama's staff.
Those effing liars!
Re: Mur's Wall of Whine
The talking heads try to read more out of those numbers then what is there. Take comfort in the fact that most big business is still making big money.