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(Bubblews)   Looks like all those greedy, dishonest mortgage bankers who knowingly caused the 2008 financial collapse are gonna get away with it now that the five-year statute of limitations is about to run out. Just kidding. They're all gonna fry   (bubblews.com) divider line 162
    More: Cool, statute of limitations, Bankers Association  
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17375 clicks; posted to Main » on 18 Jul 2013 at 7:10 PM (38 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



162 Comments   (+0 »)
   
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2013-07-18 05:42:08 PM
No
 
2013-07-18 05:49:57 PM
sorry, subby. they haven't even had a slap on the wrist in 5 years, nothings gonna happen in another 5.
 
2013-07-18 05:55:12 PM
Why in the name of god's green earth would you put a paltry FIVE FARKING YEARS statute of limitations on something like that?
 
2013-07-18 06:13:04 PM

doyner: Why in the name of god's green earth would you put a paltry FIVE FARKING YEARS statute of limitations on something like that?


Because it targets the bankers.  Duh.
 
2013-07-18 06:13:07 PM
yeah, like any of them are going to be charged, ever.

25.media.tumblr.com
 
2013-07-18 06:20:21 PM
Unlikely tag on vacay?
 
2013-07-18 06:22:02 PM
You know what's gonna happen?  They're going to find one or two real scumbags -- serious tossers.  They're gonna throw 'em to the wolves.  In exchange, the wolves are gonna forget that there were ever any other bad bankers out there.  And as for fines high enough to come CLOSE to making people whole again?  Lolz.  You only get bailed out if you're worth half a billion or more.
 
2013-07-18 06:22:59 PM
Subby, what you really need to do at this point is set aside your petty, small-minded vindictive buffoonery and think about real things like "facts" for a moment. I know, I know, that's hard, but here's a fact for you to consider, one of the only facts that matters: The mortgage crash almost brought this entire nation to its knees. We're still not fully recovered. Our economy teeters on a precipice, fragile and innocent as a newborn fawn. Look at it with those big, brown eyes, quivering. Go on, look at it.

OK? Now, what you're proposing, in a nutshell, is to set aside this delicate, precious recovering economy of ours and instead embrace a Neanderthal instinct for revenge. OOOGHA, MEAN BANKER HIT ME I HIT BACK. That's what you sound like, subby, and it's so irrevocably sad because such trivial, fight-or-flight reactionary thoughtlessness really does nothing more than insult your millennia of evolution. You believe in evolution, right? Of course you do. So here's what I need you to do now, subby. You get yourself a firm grip on that slippery, reptilian portion of your mind, take a deep, deep breath, and relax for a moment. Breathe. Repeat it once or twice. Go ahead, I'll wait.

OK, good. You don't look as ridiculous now, all puffed up and silly with anger. Now think about this, subby. There was a huge mortgage crash, the economy almost went belly-up and destroyed civilization, and now, as a result, you want to put all the bankers -- the bankers who experienced it firsthand, who know what the signs of a crash are and learned what sorts of things cause it and what not to do -- in jail. Seriously, that's what your proposing. Now, think about that for a moment. Really think. If you were at war, and you had a elite core of super veteran marine soldiers who'd been through countless battles and knew every strategy in the book, would you want to throw them in the stockade and give them dishonorable discharges because one time they didn't clean their barracks correctly? Huh? Are you seriously that freaking petty? That short-sighted? That obtuse?

No, you wouldn't do that. You might be short-sighted reactionary lemming who's controlled by an immature lust for revenge, but you're not stupid. You might chasten your veterans, maybe revoke their weekend pass for a month or two, but you wouldn't get rid of them. You need them! They're your best troops! Who would you replace them with? Rookies? Fresh meat? Watch a war film once in a while, dumbass, those guys die in like three seconds. YOU NEED YOUR VETERANS TO WIN BATTLES.

I think what you're starting to realize at this point, subby, is that you owe those bankers an apology. You're starting to realize that these men, these bankers, are your hardened veterans who've learned their lessons. They've had their trials by fire and now they stand ready to safeguard that baby doe of our recovering economy. Look at it, right over there, how it's struggling now to get to its feet. See those bankers, how they're forming a human wall around it. Ready to protect it, defend it at all costs. They've learned from their mistakes, subby, and I hope to god you're man enough to learn from yours.
 
2013-07-18 06:25:56 PM
Pocket Ninja: Wisdom of the ages

I want to gay marry you.

I live in your area. Don't make me stalk you.
 
2013-07-18 06:36:46 PM
The harshest penalty any of them is likely to face is going to a $50 fine.

/and pickup the garbage in the snow.
 
2013-07-18 06:37:49 PM
we should just go ahead and close submissions to this thread, Pocket Ninja has knocked it out of the park.
 
2013-07-18 07:01:54 PM
They're on their yacht down the road from me in the harbor. They look pretty unconcerned.
 
2013-07-18 07:13:34 PM
It would be great if they were locked up, but it's not going to happen.  They should also get the politicians who thought it was a great idea to compel banks to give mortgages to people who shouldn't have qualified.  Lock them all up.
 
2013-07-18 07:14:57 PM
FTFA: What do you think?

That I want some of whatever subby is smoking.
 
2013-07-18 07:16:28 PM
Sure they will.
 
2013-07-18 07:16:38 PM

Therion: yeah, like any of them are going to be charged, ever.

[25.media.tumblr.com image 245x187]


This, including the eye rolling.
 
2013-07-18 07:17:06 PM
Subby, want some tips as puberty approaches?
Make sure to wash your face often, and exfoliate if you have oily skin.
Don't let the popular kids get you down, be yourself and play video games. Don't get anyone pregnant.
Middle school is a big change, but take it slow and don't be afraid to ask for help.
 
2013-07-18 07:18:46 PM
Dream on.
 
2013-07-18 07:19:20 PM
"Obscure Law May Hang 2008 Bad Loan Bankers"

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHHOHOHOHOHOHHOHOHEEHEEHEEHEEHEEHE
*gasp* *gasp*
HAHAHAHOHOHOHOHOHOHOHOAHAHAHAHAHA
*choke* *cough cough* *gasp*

HAHAHAHAHAHAHAHAHAHAHAHA

hooooooooooo

hheeeee HEHEHEHEHEHE

oooooooohhhhhhh

gasp  ohhhhh  whew..

THAT was good.  That was some funny shiat right there.

Reminds of when that dude said the rapture was coming.  Remember that?  HAHAHAHA oooooh. whew!
 
2013-07-18 07:21:01 PM
NEVER. GUNNA. HAPPEN.
 
2013-07-18 07:21:06 PM
if this strategy works, those who knowingly orchestrated this near collapse of the worldwide financial system, just to enrich themselves even further, may one day have to explain their actions in a court of law.
I'm not going to hold my breath.
 
2013-07-18 07:21:41 PM
DAMMIT FARK. Why you gotta go and eat my farking line breaks like that?
 
2013-07-18 07:22:41 PM
What will happen is the bankers will find a fall guy to take the blame. Probably someone in managment they dont like. They will "find" documents with his/her signature and blamo the mob will have its blood.
 
2013-07-18 07:23:40 PM
If you think for one second anyone on Wall St is going to get fried for anything, you are a fool.
 
2013-07-18 07:24:17 PM
So, this Bublews sight is all about deadpan satire?

/poe's law
 
2013-07-18 07:24:51 PM
None of the people involved will ever be prosecuted.
 
2013-07-18 07:25:07 PM

dahmers love zombie: You know what's gonna happen?  They're going to find one or two real scumbags -- serious tossers.  They're gonna throw 'em to the wolves.  In exchange, the wolves are gonna forget that there were ever any other bad bankers out there.  And as for fines high enough to come CLOSE to making people whole again?  Lolz.  You only get bailed out if you're worth half a billion or more.


No.

They are going to sacrifice a few low level people and have them do a few years and in return for them keeping their mouths closed and taking one for the team when they get out they will get lucrative jobs as a financial expert from Fox or some other rightwing media source.
 
2013-07-18 07:25:30 PM

Sin_City_Superhero: FTFA: What do you think?

That I want some of whatever subby is smoking.


That subby should have at least linked to the source material at business insider.

Seriously, what the fark is a bubblenews?
 
2013-07-18 07:25:47 PM
Yeah, they're gonna get nailed to the wall.

i20.photobucket.com
 
2013-07-18 07:26:11 PM
How much does it cost to hire a mercenary suicide bomber?
 
2013-07-18 07:26:13 PM

vudutek: sorry, subby. they haven't even had a slap on the wrist in 5 years, nothings gonna happen in another 5.


This.  They've already known the names since...well, most of them, they knew before they did the serious shiate that caused the collapse.  Meaning, the regulators knew before the big problems happened.  What in the world makes you think that, if they didn't get prosecuted during the first 5 years, they'll get prosecuted in the next 5?
 
2013-07-18 07:27:34 PM
That would be nice, but I'm not holding my breath.

But I am enjoying the Standard & Poor's case going on now.
 
2013-07-18 07:27:44 PM

Pocket Ninja: would you want to throw them in the stockade and give them dishonorable discharges because one time they didn't clean their barracks correctly?


Um, no. That's asinine. But if they took the nuclear bomb they were supposed to drop on the enemy, and they dropped it on our own citizens, sure as fark I'd want to see some heads roll.

There are hundreds, if not thousands, of qualified individuals who were in the business through the whole boom-and-bust, who would know the things you say are necessary to know to avoid another crash, who would gladly step forward to carry the mantle. Second-stringers, not rookies.

I'd be fine if a few dozen individuals were jailed, and a few laws instituted and enforced to prevent this from reoccurring.
 
2013-07-18 07:28:12 PM
Excuse me, it's bubblews, not bubblenews. I apologize for inadvertently trying to give the site a more respectable sounding name.
 
2013-07-18 07:30:50 PM

weasil: Pocket Ninja: would you want to throw them in the stockade and give them dishonorable discharges because one time they didn't clean their barracks correctly?

Um, no. That's asinine. But if they took the nuclear bomb they were supposed to drop on the enemy, and they dropped it on our own citizens, sure as fark I'd want to see some heads roll.

There are hundreds, if not thousands, of qualified individuals who were in the business through the whole boom-and-bust, who would know the things you say are necessary to know to avoid another crash, who would gladly step forward to carry the mantle. Second-stringers, not rookies.

I'd be fine if a few dozen individuals were jailed, and a few laws instituted and enforced to prevent this from reoccurring.

i0.kym-cdn.com
 
2013-07-18 07:32:00 PM

vudutek: sorry, subby. they haven't even had a slap on the wrist in 5 years, nothings gonna happen in another 5.


This. What we've actually got is another five years of them flipping the bird at us, before they stroll off into the sunset with a swagger and a snicker.
 
2013-07-18 07:32:38 PM
Much noise will be made, little real change will occur.

/I blame Bush.
//Obama?
///Lincoln??
 
2013-07-18 07:33:28 PM
Not only did they get away with it, but the robbery continues in the form QE and low interest rates for wall street (including its bankers) at the expense of the middle class.

So far only whistle blowers have been targeted for prosecution. The absolute worst thing that is likely to happen to banksters in the USA is a fine that will be somewhere less than 6% of the profits they made. If the american people get really angry some junior executive might do a couple years at club fed. Maybe.

Ultimately the american people, the vast majority, have the same economic ideas that the banksters exploit if they have any at all. Thus, they won't go to prison and the same system will continue until there is absolutely no way to kick the can, no way to stop collapse.  Meanwhile they will get while the gettin' is good.
 
2013-07-18 07:34:16 PM

Smelly Pirate Hooker: That would be nice, but I'm not holding my breath.

But I am enjoying the Standard & Poor's case going on now.


I think that if we've learned anything about this mess it's that all the ratings agencies are all full of shiat and should never be trusted.
 
2013-07-18 07:37:17 PM
Investment and mortgage bank middle management personnel on their way to the boss to discuss how the allegations are going to play out in court...

i44.tinypic.com
 
2013-07-18 07:37:32 PM

Pocket Ninja: So here's what I need you to do now, subby. You get yourself a firm grip on that slippery, reptilian portion of your mind, take a deep, deep breath, and relax for a moment. Breathe. Repeat it once or twice. Go ahead, I'll wait.


In through your nose for 4 seconds, hold for 4 seconds, exhale through your mouth for 4 seconds, wait 4 seconds, repeat.

/in case you wanted more thorough instructions
//very nice breathing exercise
 
2013-07-18 07:38:03 PM

Whatchoo Talkinbout: Much noise will be made, little real change will occur.

/I blame Bush.
//Obama?
///Lincoln??


I blame people who don't know the difference between "led" and "lead" who still insist on applying for jobs educating the public and at high levels of public service. Like the blogger.
 
2013-07-18 07:38:15 PM

Pocket Ninja: Subby, what you really need to do at this point is set aside your petty, small-minded vindictive buffoonery and think about real things like "facts" for a moment. I know, I know, that's hard, but here's a fact for you to consider, one of the only facts that matters: The mortgage crash almost brought this entire nation to its knees. We're still not fully recovered. Our economy teeters on a precipice, fragile and innocent as a newborn fawn. Look at it with those big, brown eyes, quivering. Go on, look at it.

OK? Now, what you're proposing, in a nutshell, is to set aside this delicate, precious recovering economy of ours and instead embrace a Neanderthal instinct for revenge. OOOGHA, MEAN BANKER HIT ME I HIT BACK. That's what you sound like, subby, and it's so irrevocably sad because such trivial, fight-or-flight reactionary thoughtlessness really does nothing more than insult your millennia of evolution. You believe in evolution, right? Of course you do. So here's what I need you to do now, subby. You get yourself a firm grip on that slippery, reptilian portion of your mind, take a deep, deep breath, and relax for a moment. Breathe. Repeat it once or twice. Go ahead, I'll wait.

OK, good. You don't look as ridiculous now, all puffed up and silly with anger. Now think about this, subby. There was a huge mortgage crash, the economy almost went belly-up and destroyed civilization, and now, as a result, you want to put all the bankers -- the bankers who experienced it firsthand, who know what the signs of a crash are and learned what sorts of things cause it and what not to do -- in jail. Seriously, that's what your proposing. Now, think about that for a moment. Really think. If you were at war, and you had a elite core of super veteran marine soldiers who'd been through countless battles and knew every strategy in the book, would you want to throw them in the stockade and give them dishonorable discharges because one time they didn't clean their barracks correctly? Huh? ...


Didn't clean their barracks once? What the bankers did would be more akin to giving troop positions to the enemy. They knowingly made bad mortgages, packaged them together to make them appear more secure,  then took out insurance against them and reap huge profits when they inevitably failed. These are not the people I or any sane person wants on their side. You've got to lay off the crack pipe.
 
2013-07-18 07:39:07 PM

Pocket Ninja: Subby, what you really need to do at this point is set aside your petty, small-minded vindictive buffoonery and think about real things like "facts" for a moment. I know, I know, that's hard, but here's a fact for you to consider, one of the only facts that matters: The mortgage crash almost brought this entire nation to its knees. We're still not fully recovered. Our economy teeters on a precipice, fragile and innocent as a newborn fawn. Look at it with those big, brown eyes, quivering. Go on, look at it.

OK? Now, what you're proposing, in a nutshell, is to set aside this delicate, precious recovering economy of ours and instead embrace a Neanderthal instinct for revenge. OOOGHA, MEAN BANKER HIT ME I HIT BACK. That's what you sound like, subby, and it's so irrevocably sad because such trivial, fight-or-flight reactionary thoughtlessness really does nothing more than insult your millennia of evolution. You believe in evolution, right? Of course you do. So here's what I need you to do now, subby. You get yourself a firm grip on that slippery, reptilian portion of your mind, take a deep, deep breath, and relax for a moment. Breathe. Repeat it once or twice. Go ahead, I'll wait.

OK, good. You don't look as ridiculous now, all puffed up and silly with anger. Now think about this, subby. There was a huge mortgage crash, the economy almost went belly-up and destroyed civilization, and now, as a result, you want to put all the bankers -- the bankers who experienced it firsthand, who know what the signs of a crash are and learned what sorts of things cause it and what not to do -- in jail. Seriously, that's what your proposing. Now, think about that for a moment. Really think. If you were at war, and you had a elite core of super veteran marine soldiers who'd been through countless battles and knew every strategy in the book, would you want to throw them in the stockade and give them dishonorable discharges because one time they didn't clean their barracks correctly? Huh? ...


You are a farking artist.
 
2013-07-18 09:20:39 PM
0.tqn.com
 
2013-07-18 09:22:56 PM

Pocket Ninja: Subby, what you really need to do at this point is set aside your petty, small-minded vindictive buffoonery and think about real things like "facts" for a moment. I know, I know, that's hard, but here's a fact for you to consider, one of the only facts that matters: The mortgage crash almost brought this entire nation to its knees. We're still not fully recovered. Our economy teeters on a precipice, fragile and innocent as a newborn fawn. Look at it with those big, brown eyes, quivering. Go on, look at it.

OK? Now, what you're proposing, in a nutshell, is to set aside this delicate, precious recovering economy of ours and instead embrace a Neanderthal instinct for revenge. OOOGHA, MEAN BANKER HIT ME I HIT BACK. That's what you sound like, subby, and it's so irrevocably sad because such trivial, fight-or-flight reactionary thoughtlessness really does nothing more than insult your millennia of evolution. You believe in evolution, right? Of course you do. So here's what I need you to do now, subby. You get yourself a firm grip on that slippery, reptilian portion of your mind, take a deep, deep breath, and relax for a moment. Breathe. Repeat it once or twice. Go ahead, I'll wait.

OK, good. You don't look as ridiculous now, all puffed up and silly with anger. Now think about this, subby. There was a huge mortgage crash, the economy almost went belly-up and destroyed civilization, and now, as a result, you want to put all the bankers -- the bankers who experienced it firsthand, who know what the signs of a crash are and learned what sorts of things cause it and what not to do -- in jail. Seriously, that's what your proposing. Now, think about that for a moment. Really think. If you were at war, and you had a elite core of super veteran marine soldiers who'd been through countless battles and knew every strategy in the book, would you want to throw them in the stockade and give them dishonorable discharges because one time they didn't clean their barracks correctly? Huh? ...


THAT is why you have a color of your own.

Art. we has it
 
2013-07-18 09:25:26 PM
www.therobotspajamas.com
 
2013-07-18 09:25:34 PM
Is subby a recent immigrant? Nothing done in Maine has anything to do with the financial corporations dominating the US.
 
2013-07-18 09:31:25 PM
www.ierg.net

/Not really, but some stricter regulations would be nice
//Not holding my breath
 
2013-07-18 09:35:01 PM
Not to be redundant to others' comments, but it will never happen. Nobody that made money off steering the economy off the cliff will ever be punished. While impulsive and selfish, they are smart as hell and have layers of CYA experts working for them to prevent the regulators from ever getting a foothold.

Just try to stop caring. It will only add stress to your life.
 
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