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(Huffington Post)   Just for fun, let's take a peek at some high-level emails that were flying back and forth around the Lehman Bros. offices just before the crash of '08   (huffingtonpost.com) divider line 267
    More: Scary, emails  
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33708 clicks; posted to Main » on 07 May 2012 at 4:26 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-05-07 10:52:36 AM  
has anybody gone to jail yet?

personally, i think the justice dept should go after some of these CEOs and CFOs for multiple-count grand theft and seek triple-digit sentences.
 
2012-05-07 11:04:42 AM  
Darn Mr. Obama and his infernal time machine!
 
2012-05-07 11:17:03 AM  

FlashHarry: has anybody gone to jail yet?


THIS. All of the memos, emails, and presentations don't mean a damn thing if no one is held accountable for their actions.
 
2012-05-07 11:21:20 AM  

FlashHarry: has anybody gone to jail yet?

personally, i think the justice dept should go after some of these CEOs and CFOs for multiple-count grand theft and seek triple-digit sentences.


Unfortunately, as Aasif Mandvi pointed out on TDS last week, you can't get convicted of a crime for something that isn't illegal.
 
2012-05-07 11:22:26 AM  
j.wigflip.com
 
2012-05-07 11:55:47 AM  
Their e-mail writing skills appear on par with a typical pre-teen.
 
2012-05-07 12:15:24 PM  

MrDebacle: Their e-mail writing skills appear on par with a typical pre-teen.


i found that part quite disturbing.
 
2012-05-07 12:34:07 PM  
I just threw up in my mouth a little bit. When bad men walk free something is wrong. It doesn't matter whether or not someone thought to make a rule specific to the situation or not. People should be held accountable for their actions.
 
2012-05-07 12:45:21 PM  
Someday I'm going to become a banker so I don't have to be held responsible for my bad decisions.
 
2012-05-07 01:22:13 PM  
And these people aren't in a jail cell...why?
 
2012-05-07 01:27:00 PM  

MrDebacle: Their e-mail writing skills appear on par with a typical pre-teen.


It is as if the comments section of any given Gawker website was running an investment bank.
 
2012-05-07 01:29:07 PM  

Serious Black: Unfortunately, as Aasif Mandvi pointed out on TDS last week, you can't get convicted of a crime for something that isn't illegal.


Do you have any evidence of that?
 
2012-05-07 01:30:17 PM  
It wasn't illegal at the time, so no jail time. But, we CAN tax and regulate the living f**k out of the greedy bastards, like preventing the bastards from shorting a product that they created and requiring C-level executives remain liable for the company for ten years after service.
 
2012-05-07 01:31:31 PM  
goo.gl
 
2012-05-07 01:35:24 PM  

kingoomieiii: Serious Black: Unfortunately, as Aasif Mandvi pointed out on TDS last week, you can't get convicted of a crime for something that isn't illegal.

Do you have any evidence of that?


Yes! Common sense!

/that video had me rolling on the floor for an hour
 
2012-05-07 01:38:35 PM  

Snarcoleptic_Hoosier: It wasn't illegal at the time, so no jail time. But, we CAN tax and regulate the living f**k out of the greedy bastards, like preventing the bastards from shorting a product that they created and requiring C-level executives remain liable for the company for ten years after service.


That sounds like communism to me, you red devil.
 
2012-05-07 01:38:41 PM  

Snarcoleptic_Hoosier: It wasn't illegal at the time, so no jail time. But, we CAN tax and regulate the living f**k out of the greedy bastards, like preventing the bastards from shorting a product that they created and requiring C-level executives remain liable for the company for ten years after service.


I can't drive down the f*cking street to work without breaking at least 2 or 3 laws and you're saying these idiots can drive a major company into the ground costing investors to lose BILLIONS in value and...nothing happens?

trust me. there's always something they can be charged with. someone wants to get 'em badly enough...they can be brought up on charges of something or other.
 
2012-05-07 01:41:39 PM  

Jackson Herring: [goo.gl image 600x446]


One of those barrels of food is inside that dog, intact.
 
2012-05-07 01:43:54 PM  

sweetmelissa31: Jackson Herring: [goo.gl image 600x446]

One of those barrels of food is inside that dog, intact.


Silly dog, all of those barrels contain cat food

cat fud
 
2012-05-07 01:48:55 PM  
j.wigflip.com
 
2012-05-07 01:50:57 PM  

Weaver95: And these people aren't in a jail cell...why?


Technically, no law was broken. And thanks to a 1987 Supreme court ruling, you can't sue them-but have to enter arbitration-which is not under public preview like the court system.
 
2012-05-07 01:51:51 PM  

Darth_Lukecash: Weaver95: And these people aren't in a jail cell...why?

Technically, no law was broken. And thanks to a 1987 Supreme court ruling, you can't sue them-but have to enter arbitration-which is not under public preview like the court system.


so basically our only recourse is...murder?
 
2012-05-07 01:52:37 PM  

Weaver95: Darth_Lukecash: Weaver95: And these people aren't in a jail cell...why?

Technically, no law was broken. And thanks to a 1987 Supreme court ruling, you can't sue them-but have to enter arbitration-which is not under public preview like the court system.

so basically our only recourse is...murder?


As they said just before the French Revolution - 'Oui'.
 
2012-05-07 01:55:22 PM  

Weaver95: Snarcoleptic_Hoosier: It wasn't illegal at the time, so no jail time. But, we CAN tax and regulate the living f**k out of the greedy bastards, like preventing the bastards from shorting a product that they created and requiring C-level executives remain liable for the company for ten years after service.

I can't drive down the f*cking street to work without breaking at least 2 or 3 laws and you're saying these idiots can drive a major company into the ground costing investors to lose BILLIONS in value and...nothing happens?

trust me. there's always something they can be charged with. someone wants to get 'em badly enough...they can be brought up on charges of something or other.


Does your bank account have 7 figures? Does your bank account in the Caymans have 7 or 8 figures? Than laws apply to you. don't you know how this works?
 
2012-05-07 02:09:23 PM  
goo.gl
 
2012-05-07 02:30:38 PM  
FTFA: Most important, the cache dispels the myth that Dick Fuld, chief executive officer of Lehman Brothers Holdings Inc., and his close associates were unaware of the risks their business faced in 2007 and 2008.

So, I have to wonder where Mr. Dick Fluid is right now...

/probably not in jail
//probably not on skid row, either
 
2012-05-07 02:33:13 PM  
I became friends with a CEO once (as an IT guy who hobbies in home A/V distribution, i'm quite the nice pet). I asked him after he retired why CEOs make such an exorbitant amount of money. He replied, "CEOs must assume a large risk as head of a company. He or she can be sued or held liable for the errs of his or her company."

Totally. Not. Farking. True.


I have yet to see an executive of Lehman Bros or other company with such gross negligence be reduced to "middle class".
 
2012-05-07 02:33:46 PM  

Tigger: Weaver95: Darth_Lukecash: Weaver95: And these people aren't in a jail cell...why?

Technically, no law was broken. And thanks to a 1987 Supreme court ruling, you can't sue them-but have to enter arbitration-which is not under public preview like the court system.

so basically our only recourse is...murder?

As they said just before the French Revolution - 'Oui'.


Sad thing is, with you having posted that, someone could (if their panties are twisted tight enough) go after you for inciting violence and have you thrown in jail. Or at least make your life hell.

/now, when is the mothership coming to beam me off this rock??
 
2012-05-07 02:35:07 PM  
j.wigflip.com
 
2012-05-07 02:35:50 PM  

Weaver95: these idiots can drive a major company into the ground costing investors to lose BILLIONS in value and...nothing happens?

trust me. there's always something they can be charged with. someone wants to get 'em badly enough...they can be brought up on charges of something or other.


That's the sort of government regulation that is killing jobs!
 
2012-05-07 02:40:03 PM  

Serious Black: FlashHarry: has anybody gone to jail yet?

personally, i think the justice dept should go after some of these CEOs and CFOs for multiple-count grand theft and seek triple-digit sentences.

Unfortunately, as Aasif Mandvi pointed out on TDS last week, you can't get convicted of a crime for something that isn't illegal.


Isn't fraud illegal?
 
2012-05-07 03:03:04 PM  

sweetmelissa31: [j.wigflip.com image 460x600]


something something fulda gap
 
2012-05-07 03:33:27 PM  

timujin: Serious Black: FlashHarry: has anybody gone to jail yet?

personally, i think the justice dept should go after some of these CEOs and CFOs for multiple-count grand theft and seek triple-digit sentences.

Unfortunately, as Aasif Mandvi pointed out on TDS last week, you can't get convicted of a crime for something that isn't illegal.

Isn't fraud illegal?


It is for the pleb class.

These are job creators, however
 
2012-05-07 04:25:44 PM  

Darth_Lukecash: Weaver95: And these people aren't in a jail cell...why?

Technically, no law was broken. And thanks to a 1987 Supreme court ruling, you can't sue them-but have to enter arbitration-which is not under public preview like the court system.


as part of the bankruptcy and ensuing litigation a big report was made by an investigator for the bankrupt company that presented a laundry list of colorable claims against lehman executives and their auditors (E&Y i think). no-one has done a thing to act on or further investigate those claims though...
 
Bf+
2012-05-07 04:33:50 PM  

Tigger: Weaver95: Darth_Lukecash: Weaver95: And these people aren't in a jail cell...why?

Technically, no law was broken. And thanks to a 1987 Supreme court ruling, you can't sue them-but have to enter arbitration-which is not under public preview like the court system.

so basically our only recourse is...murder?

As they said just before the French Revolution - 'Oui'.




4.bp.blogspot.com
Ceci.
 
2012-05-07 04:34:43 PM  
It-it- the f - it -flam - flames. Flames, on the side of my face, breathing-breathl- heaving breaths. Heaving breaths... Heathing...
 
2012-05-07 04:34:59 PM  

Tigger: As they said just before the French Revolution - 'Oui'.


I volunteer to drive a tumbril.
 
2012-05-07 04:36:21 PM  
img706.imageshack.us
 
2012-05-07 04:36:51 PM  
i.chzbgr.com
 
2012-05-07 04:37:21 PM  

Weaver95: I can't drive down the f*cking street to work without breaking at least 2 or 3 laws


Huh?
 
2012-05-07 04:37:53 PM  

theorellior: Tigger: As they said just before the French Revolution - 'Oui'.

I volunteer to drive a tumbril.


I want to drive the Zamboni!!



// wait... what are we doing now?
 
2012-05-07 04:39:35 PM  

downstairs: Weaver95: I can't drive down the f*cking street to work without breaking at least 2 or 3 laws

Huh?


Penndot is notorious for road construction zones that you literally cannot navigate without breaking traffic laws. fortunuately, MOST state cops understand that Penndot is pure evil and as long as you aren't being a complete dick hole about it, they don't bother you.
 
2012-05-07 04:40:37 PM  
i.imgur.com

Makes you wonder what the Big Education administrators are talking about with each other right now.

A massive crash is coming, and no doubt college administrators around the globe are squeezing every million they can pocket for themselves before things go straight to hell globally.
 
2012-05-07 04:40:39 PM  

This one is full of gems... mostly about nuking California from orbit.


upload.wikimedia.org

Enron: The Smartest Guys in the Room
 
2012-05-07 04:41:24 PM  

jjwars1: I just threw up in my mouth a little bit. When bad men walk free something is wrong. It doesn't matter whether or not someone thought to make a rule specific to the situation or not. People should be held accountable for their actions.


I can't quote specific text because I'm on my phone, but the part about bad men going free is why I am losing faith in our country. While I agree people should be held accountable for their actions, we shouldn't base our system of justice on the presumption of people being bad. It seems that more and more people disagree with the notion "it's better that ten guilty men go free than one innocent man be jailed."

Which is sad, since the entire idea of our country is founded on liberty, and the rights of the individual.
 
2012-05-07 04:41:51 PM  

luyseyal: This one is full of gems... mostly about nuking California from orbit.


Plus ça change, plus c'est la même chose
 
2012-05-07 04:43:20 PM  

Ordinary Genius: Which is sad, since the entire idea of our country is founded on liberty, and the rights of the individual.


yeah, but then we let people try and govern according to 'biblical principal' and concepts like 'innocent till proven guilty' got thrown out the door.

plus there was the whole 'war on drugs' thing. that really thwacked our civil rights in the nuts.
 
2012-05-07 04:43:45 PM  
The comments are just lulzy. "Fannie, Freddie... forced poor banks to make loans...." The country is just doomed.
 
2012-05-07 04:44:41 PM  

Aar1012: timujin: Serious Black: FlashHarry: has anybody gone to jail yet?

personally, i think the justice dept should go after some of these CEOs and CFOs for multiple-count grand theft and seek triple-digit sentences.

Unfortunately, as Aasif Mandvi pointed out on TDS last week, you can't get convicted of a crime for something that isn't illegal.

Isn't fraud illegal?

It is for the pleb class.

These are job creators, however


Couldn't we skin, like, 10 or 20 of these "jobs" and then pay an average salary to about 500 average people to do nothing and still get the same results?
 
2012-05-07 04:44:58 PM  

Crusader: FlashHarry: has anybody gone to jail yet?

THIS. All of the memos, emails, and presentations don't mean a damn thing if no one is held accountable for their actions.


One of the head CIA torturers is doing a national book tour, he admits he tortured people, he is also the guy who destroyed the video tapes that the courts order protected as evidence in many trials.

And you want to know when the bankers are going to be held accountable ? it is never going to happen
 
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