Comments on: What if there were no “too big to fail”? Fed’s Hoenig has a vision http://blogs.reuters.com/summits/2010/04/26/what-if-there-were-no-too-big-to-fail-feds-hoenig-has-a-vision/ Exclusive outtakes from industry leaders Wed, 16 Nov 2016 08:14:55 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Jos5319 http://blogs.reuters.com/summits/2010/04/26/what-if-there-were-no-too-big-to-fail-feds-hoenig-has-a-vision/comment-page-1/#comment-1488 Thu, 29 Apr 2010 19:19:23 +0000 http://blogs.reuters.com/summits/?p=4611#comment-1488 They are “too big to be FRAUDULENT”, not too big to fail.

We want the big crooks to fall, but not the investors’ money innocently invested in their companies.

Breaking them up alone won’t do.
They’ll just structure themselves like brother and sister companies and continue their fraud behind the scene, off the official books,i.e., they’ll find legal loopholes to continue their fraud if the “regulation” is so tangential, and failed to target fraud.

The real deterrent comes when those, such as the ex-Lehman Brothers executives and accountants, who cooked the books, hid the loss from investors, siphoned out investors’ remaining assets to fatten their own pockets, then protected their personal loot under bankruptcy laws with the help and acquiesce of then, head of Treasury H Paulson– all those involved must get stiff penalty for the fraudulent culture. That’s the only way to start REAL CHANGE. H. Paulson should not be too big to fall— him falling would send a message that their deceitful behavior will not be tolerated.

No CORPORATE VEIL, No BANKUPTCY PROTECTION FOR FRAUDULENTLY OBTAINED MONEY, No ADMINISTRATIVE IMMUNITY for GOVERNMENT OFFICIALS WHOSE DECEPTION WAS AS EGREGIOUS AS H PAULSON’S. Only then, will the BIG CROOKS FALL, and we want them to fall, BUT COUGH UP THEIR LOOT– then the economy, more precisely, the confidence of investors and consumers in the entire world will recover.

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By: Jos5319 http://blogs.reuters.com/summits/2010/04/26/what-if-there-were-no-too-big-to-fail-feds-hoenig-has-a-vision/comment-page-1/#comment-1487 Thu, 29 Apr 2010 18:54:41 +0000 http://blogs.reuters.com/summits/?p=4611#comment-1487 Those who are “too big to be FRAUDULDENT” without threatening ordinary people’s small loans, or pension, need bigger penalties, and penalties that can teach a lesson, and reach the deep pockets of the crooks- e.g., those who cooked Lehman’s books and siphoned out investors funds and then found protection of their loot hidden in private pockets under bankruptcy and corporate limited liabilities: NO MORE.

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By: alwil http://blogs.reuters.com/summits/2010/04/26/what-if-there-were-no-too-big-to-fail-feds-hoenig-has-a-vision/comment-page-1/#comment-1476 Tue, 27 Apr 2010 15:41:54 +0000 http://blogs.reuters.com/summits/?p=4611#comment-1476 NOW “you need to break them up,”

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