Loaded-Gun.Com - Anti-Social.Com's Rejects!
General Category => Politics, Philosophy, News and/or Current Affairs => Topic started by: Libertine on April 22, 2009, 01:19:40 PM
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http://www.nytimes.com/2009/04/23/business/23freddie.html?em (http://www.nytimes.com/2009/04/23/business/23freddie.html?em)
Executive at Freddie Mac Is Found Dead
Article Tools Sponsored By
By CHARLES DUHIGG
Published: April 22, 2009
David B. Kellermann, the acting chief financial officer of the troubled mortgage giant Freddie Mac, was found dead Wednesday morning at his home in Northern Virginia, the police said.
The executive apparently committed suicide by hanging himself, according to people with knowledge of the investigation.
What do we call this? A good start.
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A prelude.
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I hope this becomes a trend.
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Cosigned.
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Approved!
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Marketing!
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Good show!
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I dont approve of this unilateral action.
Because you miss out on all the fun of show trials.
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Has an obituary been posted? I'd like to send a card.
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wow
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This guy joined after the crisis had become public knowledge, no?
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probably, or he inherited a bunch of shit from the previous leadership.... that's fucked
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Good show!
... if he showed up afterward, I retract this and feel dorry for him
ONLY if this is the case ....
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I dont approve of this unilateral action.
Because you miss out on all the fun of show trials.
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Good show!
... if he showed up afterward, I retract this and feel dorry for him
ONLY if this is the case ....
He only got the job after.
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the banks are getting all the bad press, but it's the entire staff of Moody's who should be lined up and shot
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the banks are getting all the bad press, but it's the entire staff of Moody's who should be lined up and shot
Standard and Poors as well.
This shit wouldnt have gotten so badly out of hand if it werent for their laziness about rating various debt instruments. Everything is AAA! Especially the million dollar debt held by a black nurse in Chicago who earns $21k a year.
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the banks are getting all the bad press, but it's the entire staff of Moody's who should be lined up and shot
Standard and Poors as well.
This shit wouldnt have gotten so badly out of hand if it werent for their laziness about rating various debt instruments. Everything is AAA! Especially the million dollar debt held by a black nurse in Chicago who earns $21k a year.
Hm.. Math teachers are not entirely blameless.
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the most fucked thing about this is that investment banks PAY ratings company for their rating. That is the most stupid thing I have ever heard and I work in finance here in Tokyo. I understand from a pricing level upwards exactly what has happened so I feel validated in saying WHAT THE FUCK, how the hell could the SEC miss the face that GS was PAYING Moody's or whomever to rate their portfolio as AAA. Holy hell. That's like GM paying the crash test company to pass a car.
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That's like GM paying the crash test company to pass a car.
You somehow believe this doesn't happen, and that every car on American roads is rated with a 4-star or 5-star crash rating.
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You missed my attempt at subtle irony... or maybe I failed again
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Miserably.
Americans like things unambiguous!
As a boss of mine used to like to say, the fish rots from the head. The Bush Administration (the irony in that name there is unmissable) allowed this ship to sink.
8 years completely wasted.
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Americans like things unambiguous!
Except for our actors!