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(Press TV)   Iran to hang four bankers for $2.6 billion in fraud   (presstv.ir) divider line 117
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9614 clicks; posted to Main » on 23 Feb 2013 at 5:27 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-02-23 05:58:06 PM
Can we start punishing white collar crimes here in the US now?
 
2013-02-23 06:00:13 PM
It's a matter of proportionality. Bicycle thieves should go to jail for a month. Car thieves should go to jail for a year. Steal billions? Sorry, that's your head.
 
2013-02-23 06:00:16 PM
I guess our American Bankers are happy they weren't born Iranian.
 
2013-02-23 06:00:19 PM

Khellendros: I like how everyone assumes this is a good thing, and that they are guilty. We spend decades screaming about their laws, and how screwed up their court system is - killing innocent people, vilifying legitimate actions. But no, those bankers got what they deserved. They definitely did what the government said they did, and should die for it. THIS time, the courts there did it right.

As usual, I see the concept of justice is alive and well among internet forums.


Do you really think that's it? Or do you suppose maybe people are still raw about the bailout and are making snide jokes online?
 
2013-02-23 06:00:54 PM

Khellendros: I like how everyone assumes this is a good thing, and that they are guilty. We spend decades screaming about their laws, and how screwed up their court system is - killing innocent people, vilifying legitimate actions. But no, those bankers got what they deserved. They definitely did what the government said they did, and should die for it. THIS time, the courts there did it right.

As usual, I see the concept of justice is alive and well among internet forums.


It's one of the few times that a possible injustice is served against a banker.  Let's not rain on the parade, huh?
 
2013-02-23 06:01:01 PM

dericwater: diaphoresis: You assume the banker's are guilty.. it's Iran.

They're bankers. Assumption is paramount. One needs to prove innocence in such a case.



i'd rather the bankers there be self-serving and lavishing themselves with riches.

Cause i bet the government and President Ahmy-god-itsdog will have their grubby hands on those cash fines and other assets the deceased no longer need.   And that money will go well with todays announcement of new uranium deposits they have found.
 
2013-02-23 06:03:19 PM

Khellendros: As usual, I see the concept of justice is alive and well among internet forums.

delhi4cats.files.wordpress.com
Welcome to FARK FARCI?


 
2013-02-23 06:03:33 PM

Snail Jerky: Cause i bet the government and President Ahmy-god-itsdog will have their grubby hands on those cash fines and other assets the deceased no longer need.


I would be surprised to find out that's true. He seem a modest fellow.
 
2013-02-23 06:05:20 PM
In the U.S., the real problem is the Federal Reserve.  Established 100 years ago, there is nothing federal or governmental about it.  It is a private entity.  It issues currency and establishes monetary policy.

/allowing that to happen was a HUGE mistake
 
2013-02-23 06:16:28 PM
I don't support the death penalty, especially for non-murder crimes.

That said, fark the entire banking industry sideways, the world would be better off storing their money in old socks.
 
2013-02-23 06:21:28 PM
The hanged bankers were the ones who approved funding the Photoshop of the Iranian stealth fighter.
 
2013-02-23 06:23:20 PM
www.topofarmer.com
 
2013-02-23 06:28:19 PM
The longest journey starts with a single step.

Give me your Left!, your Left, your Left, Right, Left
Sound off, 1, 2, 3-4.
 
2013-02-23 06:31:12 PM

neongoats: Phew, gotta say, I like this precedent.

Here in America we practically give them a hand job for stealing, and let them keep their loot in offshore accounts.


And write our tax laws to favor them on top of it all...
 
2013-02-23 06:32:40 PM
They oughta hang that auto play.
 
2013-02-23 06:46:44 PM

mongbiohazard: neongoats: Phew, gotta say, I like this precedent.

Here in America we practically give them a hand job for stealing, and let them keep their loot in offshore accounts.

And write our tax laws to favor them on top of it all...


Ha Ha and then call citizens freeloaders.
Land of the Free.
 
2013-02-23 06:47:34 PM

A Terrible Human: i'mokaywiththis.jpg


As usual, somebody beat me to it.
 
2013-02-23 07:05:35 PM

ZAZ: It's time to sign an extradition treaty with Iran.


and here's the first 3 to ship over...

1.bp.blogspot.com
 
2013-02-23 07:11:59 PM

Dinki: In America, Bankers look at an illegal deal and decide if the profit will outweigh any potential fine. That is the only disincentive to crime for them- will they lose money on the deal?


farking truth. The penalties need to be more than the profits or this will never end.
 
2013-02-23 07:13:02 PM
They flushed the Ayatoilet.
 
2013-02-23 07:15:15 PM
Fraud is not a victimless crime, even when you steal from the rich or companies (who can hurt you and will not stop until they do).

As the Golem in Terry Pratchett's Going Postal explains to the former con artist he is guarding (the con artist is "former" in the sense of being legally dead, having been hanged to within an inch of his life by Lord Vetenari's expert hangsman), fraud is murder. When you rob people of enough money, they kill themselves or die prematurely because they have no money to buy food, medicine, etc. The con artist's cons have robbed people and cost them their lives and more--a farmer who bought a dud horse hanged himself because he realized his family was ruined--the father of the con artist's fancy, Miss Dearheart, was robbed of his company by large-scale fraud and her brother killed by an "accident". In short, money is like life-blood--steal enough of it and your victim dies.

$2.6 billion dollars is a lot of ruined lives. I am generally opposed to the death penalty. Canada has retained the death penalty only for treason. But the scope of this kind of fraud is, as the charges mentioned at the beginning of the article state:

"Four people were sentenced to death on charges of corruption on earth and disrupting the country's economic system ...,"

This is fraud on a scale which is equivalent not merely to murder or serial murder or mass murder, but treason. Wrecking the economy of one country can also wreck the economy of others (such as the poor countries and poorer people  who have been injured by the current world recession).

WE NEED TO HANG MORE BANKERS, LAWYERS AND CON ARTISTS.

I don't see any reason to suppose that the charges were false or the trial grossly unfair. The Iranian Imans may be dictators and religious fanatics, but they aren't all that dishonest--they sincerely believe in Islamic and Iranian justice. So yes, I add my voice to those who say that they did the right thing for a change.

You can't give fraudsters a second chance--they'll take it!

Another piece of literature which informs my thinking on stealing from the rich is the old priest in an Irish novel who gives a good talking to a young man who has stolen some peats (fuel). He points out that if you must steal, you should steal from a poor man. A poor man has one peat, if he loses it, he is scarcely worse off. He will forgive or forget. But a rich man with 100 peats, like the parable of the Good Shephere, will not cease looking for the thief who takes one of those 100 peats, and when he finds you, you will pay the full penality of the law.

It's not only murder to steal large amounts of money from the rich or poor or the state, it is also disruptive of society and the economy, so it should be punished severely.

There is no such thing as too big to fail. Eventually all dictators over step and fall. Their life expectancy is no better than a Medieval king or tribal chieftain's life span (about 11 years was the average reign in England, a particularly peaceful and well-run country).

So fark 'em, we won't miss 'em. There are some relatively honest bankers and there's never a shortage of slightly bent bankers, lawyers, politicians, regulators, stockbrokers, etc. NEVER.
 
2013-02-23 07:26:55 PM
Sounds like they're off to a good start. Perhaps we could offer business visas to some of our less illustrious bankers on Wall Street if they consider moving there.
 
2013-02-23 07:33:33 PM
The defendants stood trial for misappropriating a total of USD2.6 billion of funds by using forged documents to obtain credit from banks to purchase state-owned companies.


I guess you could say...

The Iranian Government...

wasn't gonna put up with their chit.

YAAAAHHHHH!!!

/got nothing.
 
2013-02-23 07:53:55 PM
It's amazing how liberals praise the idea of hanging people who steal money, but if I want to hang a rapist or child molester I'm a monster.  Don't get me wrong, I want to hang all the farkers, but how liberals are able to take a situational stand on capital punishment rather than a moral stand blows my mind.
 
2013-02-23 07:58:23 PM

Gdalescrboz: It's amazing how liberals praise the idea of hanging people who steal money, but if I want to hang a rapist or child molester I'm a monster.  Don't get me wrong, I want to hang all the farkers, but how liberals are able to take a situational stand on capital punishment rather than a moral stand blows my mind.


That's a mighty broad brush you're using there, buddy.
 
2013-02-23 08:00:47 PM
Miss Stein


Gdalescrboz: It's amazing how liberals praise the idea of hanging people who steal money, but if I want to hang a rapist or child molester I'm a monster. Don't get me wrong, I want to hang all the farkers, but how liberals are able to take a situational stand on capital punishment rather than a moral stand blows my mind.

That's a mighty broad brush you're using there, buddy.


Really? Have you ever been in a thread about capital punishment on Fark?
 
2013-02-23 08:02:00 PM
Miss Stein

The very idea of spanking your children is ghastly for a large swath of farkers.
 
2013-02-23 08:05:59 PM

Khellendros: I like how everyone assumes this is a good thing, and that they are guilty. We spend decades screaming about their laws, and how screwed up their court system is - killing innocent people, vilifying legitimate actions. But no, those bankers got what they deserved. They definitely did what the government said they did, and should die for it. THIS time, the courts there did it right.

As usual, I see the concept of justice is alive and well among internet forums.


Everyone?  My first thought when I saw this was that with it being this big the top guys pretty much had to know about it, these are scapegoats being executed to keep them from talking.  I'm not saying they are innocent, I just think they are underlings, not the perpetrators.
 
2013-02-23 08:06:24 PM

rnatalie: [3.bp.blogspot.com image 850x478]
BANKERS!


PUT OUT THAT DOG ROCKET!
 
2013-02-23 08:17:13 PM

Gdalescrboz: I want to hang a rapist or child molester I'm a monster


Show me where the Internet touched you.
 
2013-02-23 08:18:16 PM

Gdalescrboz: Miss Stein


Gdalescrboz: It's amazing how liberals praise the idea of hanging people who steal money, but if I want to hang a rapist or child molester I'm a monster. Don't get me wrong, I want to hang all the farkers, but how liberals are able to take a situational stand on capital punishment rather than a moral stand blows my mind.

That's a mighty broad brush you're using there, buddy.

Really? Have you ever been in a thread about capital punishment on Fark?


Yes I have, at length. Furthermore, my family and I recently buried a relative, a sweet little old man who was murdered for his wallet. Did I have murderous thoughts about the person who did it (who was caught, btw)? You bet I did. My politics are left-ish, but given the opportunity, I would have no problem making the SOB hurt and bleed profusely from many areas. Ultimately, we (right and left-leaning) came to the conclusion that the crime did not warrant death, and are satisfied that the scumbag who did it has been locked away for what will be a very long time. By the time he gets out, most of his loved ones will be dead of old age. And society is safe from him too.
 
2013-02-23 08:30:57 PM
www.nypost.com
"As The Post revealed last week, Lew has come under fire in the Senate for leading NYU at a time when it was accused of steering student loans to "preferred lenders," including Citigroup, in exchange for "kickbacks."

"NYU settled with the state attorney general in 2007 and paid a fine without admitting wrongdoing.

"Lew left NYU to become an exec at Citigroup - a tenure that has also drawn criticism because he got nearly $1 million in compensation in 2008 around the time the bank got a taxpayer bailout."

END QUOTE

And we're talking about making this BANKSTER Secretary of the Treasury?

Considering all the good 'ol boys, we're gonna need a LOT more rope.
 
2013-02-23 08:38:01 PM

brantgoose: Fraud is not a victimless crime, even when you steal from the rich or companies (who can hurt you and will not stop until they do).

As the Golem in Terry Pratchett's Going Postal explains to the former con artist he is guarding (the con artist is "former" in the sense of being legally dead, having been hanged to within an inch of his life by Lord Vetenari's expert hangsman), fraud is murder. When you rob people of enough money, they kill themselves or die prematurely because they have no money to buy food, medicine, etc. The con artist's cons have robbed people and cost them their lives and more--a farmer who bought a dud horse hanged himself because he realized his family was ruined--the father of the con artist's fancy, Miss Dearheart, was robbed of his company by large-scale fraud and her brother killed by an "accident". In short, money is like life-blood--steal enough of it and your victim dies.

$2.6 billion dollars is a lot of ruined lives. I am generally opposed to the death penalty. Canada has retained the death penalty only for treason. But the scope of this kind of fraud is, as the charges mentioned at the beginning of the article state:

"Four people were sentenced to death on charges of corruption on earth and disrupting the country's economic system ...,"

This is fraud on a scale which is equivalent not merely to murder or serial murder or mass murder, but treason. Wrecking the economy of one country can also wreck the economy of others (such as the poor countries and poorer people  who have been injured by the current world recession).

WE NEED TO HANG MORE BANKERS, LAWYERS AND CON ARTISTS.

I don't see any reason to suppose that the charges were false or the trial grossly unfair. The Iranian Imans may be dictators and religious fanatics, but they aren't all that dishonest--they sincerely believe in Islamic and Iranian justice. So yes, I add my voice to those who say that they did the right thing for a change.

You can't give fraudsters a second chance ...



Agree completely.

The bankster bastards and their cohorts at the Federal Reserve and the treasury dept CRASHED THE FARKING WORLD ECONOMY for the sake of profit, and more importantly, POWER.

What ARE we to do with our trusted elected officials who not only fail to charge them they farking reward them.

WE NEED TO HANG MORE BANKERS, LAWYERS AND CON ARTISTS.

Add politicians to your list.
 
2013-02-23 08:42:20 PM

Miss Stein: Gdalescrboz: Miss Stein


Gdalescrboz: It's amazing how liberals praise the idea of hanging people who steal money, but if I want to hang a rapist or child molester I'm a monster. Don't get me wrong, I want to hang all the farkers, but how liberals are able to take a situational stand on capital punishment rather than a moral stand blows my mind.

That's a mighty broad brush you're using there, buddy.

Really? Have you ever been in a thread about capital punishment on Fark?

Yes I have, at length. Furthermore, my family and I recently buried a relative, a sweet little old man who was murdered for his wallet. Did I have murderous thoughts about the person who did it (who was caught, btw)? You bet I did. My politics are left-ish, but given the opportunity, I would have no problem making the SOB hurt and bleed profusely from many areas. Ultimately, we (right and left-leaning) came to the conclusion that the crime did not warrant death, and are satisfied that the scumbag who did it has been locked away for what will be a very long time. By the time he gets out, most of his loved ones will be dead of old age. And society is safe from him too.


How are you going to call me out for "painting with a large brush" and then turn around and say you identify yourself a "leftish" and are anti-capital punishment. You played right in to my argument. Additionally, your personal experience has dick all to do with capital punishment. As a society we should send the message that if you have nothing to offer society except rape, murder, theft, or anything of the like we will put you down.
 
2013-02-23 08:42:41 PM
I was calling for hanging people for fraud before Iran did it.

/life liberty property
//violate any of the 3 we hang your ass
 
2013-02-23 08:44:18 PM

Somacandra: Gdalescrboz: I want to hang a rapist or child molester I'm a monster

Show me where the Internet touched you.


That's between me and the Internet you creep
 
2013-02-23 08:47:06 PM
Miss Stein

Maybe you should read this thread before calling in to question my generalization of farker, which are predominately liberal, and their situational stance on the death penalty.
 
2013-02-23 09:03:07 PM
This shows a scandalous lack of respect for the banking overlords.

This wouldn't have happened under the Shah.

Anyone who has a problem with any of the activities of bankers is automatically an anti-Semite.
 
2013-02-23 09:11:01 PM

rocketpants: [i.imgur.com image 300x200]


Ya know, I was hoping to see this here. Thank you.
 
2013-02-23 09:31:27 PM

Khellendros: I like how everyone assumes this is a good thing, and that they are guilty. We spend decades screaming about their laws, and how screwed up their court system is - killing innocent people, vilifying legitimate actions. But no, those bankers got what they deserved. They definitely did what the government said they did, and should die for it. THIS time, the courts there did it right.

As usual, I see the concept of justice is alive and well among internet forums.


Saying that it's good they were sentenced to death is a bit over the top.

But it all seriousness, this sort of crime, if the accused gets convicted after a FAIR trial, should be punished with more than just a fine.  Serious jail time at least.
 
2013-02-23 09:33:02 PM
It is a good start. Good job Iran.
 
2013-02-23 09:47:38 PM

Uncle Tractor: jumpyoufarkers.jpg


I think you mean HangYouFucxers.jpg
 
2013-02-23 10:47:34 PM

neongoats: Phew, gotta say, I like this precedent.

Here in America we practically give them a hand job for stealing, and let them keep their loot in offshore accounts.


Exactly. Otherwise the Fed would not exist.
 
2013-02-23 10:47:56 PM

Gdalescrboz: It's amazing how liberals praise the idea of hanging people who steal money, but if I want to hang a rapist or child molester I'm a monster.  Don't get me wrong, I want to hang all the farkers, but how liberals are able to take a situational stand on capital punishment rather than a moral stand blows my mind.


You seem to be confusing folks venting their pent up frustration at the lack of prosecution of said bankers with an actual desire to see them all put to death.
 
2013-02-23 11:26:48 PM

astouffer: [www.topofarmer.com image 500x276]


I'll second that.
 
2013-02-23 11:41:21 PM

Amos Quito: [www.nypost.com image 300x300]
"As The Post revealed last week, Lew has come under fire in the Senate for leading NYU at a time when it was accused of steering student loans to "preferred lenders," including Citigroup, in exchange for "kickbacks."

"NYU settled with the state attorney general in 2007 and paid a fine without admitting wrongdoing.

"Lew left NYU to become an exec at Citigroup - a tenure that has also drawn criticism because he got nearly $1 million in compensation in 2008 around the time the bank got a taxpayer bailout."

END QUOTE

And we're talking about making this BANKSTER Secretary of the Treasury?

Considering all the good 'ol boys, we're gonna need a LOT more rope.


Make sure it is hemp rope.
 
2013-02-23 11:56:21 PM

LiteWerk: In the U.S., the real problem is the Federal Reserve.  Established 100 years ago, there is nothing federal or governmental about it.  It is a private entity.  It issues currency and establishes monetary policy.

/allowing that to happen was a HUGE mistake


No, Congress sets its policy. It was chartered by Congress and Congress sets its agenda. It is mandated to maintain a certain unemployment rate and inflation rate using the monetary tools given it by law.
 
2013-02-24 12:21:17 AM
Meanwhile, in the West, the bankers laugh all the way to work............

In regard to HSBC and Mexico, a US Senate investigative committee reported that in 2007 and 2008 HSBC Mexico sent to the US about £4.3bn in cash. The committee report said that amount of cash indicated illegal drug proceeds.
Meanwhile, scandal-hit Standard Chartered found itself facing further financial pain after it was accused by regulators in August  ( 2012 ) of exposing the US to terrorists and drug kingpins by hiding £160bn of transactions with Tehran.
 
2013-02-24 12:29:26 AM
Iran to hang four bankers for $2.6 billion in fraud
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
 
2013-02-24 12:34:28 AM

quatchi: You can say what you want about despotic theocratic regimes but at least the bankers get hung on time.


Bravo sir.

I don't agree with the hanging but I do like the idea of the stocks.  Not the stocks that you see from the movies but the Chinese ones my old landlord told me about.

The criminal (thief) would sit on a chair, then a board would be placed over his/her head. There are three holes in the board, two for the hands and one for the head. The hand holes are placed far enough away from the head that the criminal can't feed him/her self.

For the sentenced time the prisoner must rely on the kindness of his/her fellow villagers for food, water, and protection from the elements. They are forced to rely on the society they farked by the theft. They are forced to beg for forgiveness to obtain kindness.

I'd also say that they must live on minimum wage for an amount of years. Country club prisons are too good for them.
 
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