tag:blogger.com,1999:blog-18675105.post5882780958118316400..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: HousingPANIC Stupid Question of the Daybloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger43125tag:blogger.com,1999:blog-18675105.post-15677450653076273012008-03-11T10:03:00.000+00:002008-03-11T10:03:00.000+00:00Amnesty -- otherwise only the underlings will take...Amnesty -- otherwise only the underlings will take the fall.<BR/><BR/>Abu Ghraib?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-11178022563808045602008-03-11T09:58:00.000+00:002008-03-11T09:58:00.000+00:00Prosecute yes but we need to realize that with cro...Prosecute yes but we need to realize that with crooks running our government commiting their crimes right on CNN in front of us, what kind of message does BUSHCO send to to the corporations? until we throw the entire Bush Crime Syndicate in the Hague or in front of a FIRING SQUAD, corporate crime will get worse. 'Much more to gain then worry about what possible consequences may arise.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-57302551193527555572008-03-11T07:48:00.000+00:002008-03-11T07:48:00.000+00:00They answer is yes. People are arrested every day...They answer is yes. People are arrested every day for unknowingly committing or being unknowingly complicit in a crime. It doesn't mean they'll be convicted. Even if employees are arrested or indicted, I'm sure there are methods for some to get out of conviction or serving time by cooperating with FBI/SEC investigators. This is going to take considerable time just for Countrywide's case. But how many similar businesses went under recently and why? It's incredible that so much fraud could have been tolerated and allowed to continue for so long without any media inquiry or official state or federal investigation. Only now in the end, with the store gutted and everything vandalized, do we understand. <BR/><BR/>Katrina was just one horrific example. The Justice Department is the second collossal f-up example. Hiring incompetent cronies to fill government positions tends to destroy rule of law and decimates economies.Markus Areliushttps://www.blogger.com/profile/17399016153724723846noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-53588755879559538782008-03-11T05:43:00.000+00:002008-03-11T05:43:00.000+00:00Frog March the Tan One and His pals.They all deser...Frog March the Tan One and His pals.<BR/><BR/>They all deserve it. Put them into those FEMA camps.Russ DoGGhttps://www.blogger.com/profile/16161611465473318748noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-15036510810970986072008-03-11T02:20:00.000+00:002008-03-11T02:20:00.000+00:00So many of the people that work at CW are good peo...So many of the people that work at CW are good people doing a job. They have families to support just like you and I.<BR/><BR/>The Mgmt. structure however, is a much different story. They are the ones to target.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-57740946945652423332008-03-11T01:48:00.000+00:002008-03-11T01:48:00.000+00:00>> Most of the time, an employee have to chose bet...>> Most of the time, an employee have to chose between do what they are told to do or lose their job.<BR/><BR/>So lose the job! What's the fucking problem?!?!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32397336166467356002008-03-11T01:40:00.000+00:002008-03-11T01:40:00.000+00:00How about PERSONAL RESPONSIBILITY, I know its not ...<I>How about PERSONAL RESPONSIBILITY, I know its not a known term around the USA.</I><BR/><BR/>The notion of personal responsibility only applies to those who had access to a stable home and education. If you keep creating dumb Americans and ignoring them, don't be surprised when they sign any dot lines pushed by any shark, or don't be surprised when they shoot your daughters several times during robberies while they're away in their wonderful College life. Lots of selfish people living in a pink bubble in this country, who're not able to identify the consequences of social class neglect.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-91716359459805535222008-03-11T01:34:00.000+00:002008-03-11T01:34:00.000+00:00Nah...the FBI already said that's not interested i...Nah...the FBI already said that's not interested in trillions of dollars in mortgage fraud that will bring this country down into the toilet. Sptizer's rendezvous with a high class hooker is much more important. Now you know why the shady group wanted the Patriot Act to pass so badly, which allows endless wiretapping of anyone against their interests.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-75028495217972014432008-03-11T01:27:00.000+00:002008-03-11T01:27:00.000+00:00I say fry the big fish, plea bargain for the minno...I say fry the big fish, plea bargain for the minnows, angelo needs to forefit his millions and serve time.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-25047768804090835752008-03-11T01:22:00.000+00:002008-03-11T01:22:00.000+00:00At the bottom, there should be fines, and no furth...At the bottom, there should be fines, and no further punishment, in return for total cooperation and rattage.<BR/><BR/>special dispensation for printouts of juicy emails.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-24537034084873422008-03-11T00:42:00.000+00:002008-03-11T00:42:00.000+00:00I worked for Wells Fargo and quit after seeing how...I worked for Wells Fargo and quit after seeing how unethical the lending practices. I could not feel comfortable if I was making a living putting people into massive debt. Most of the borrowers were complete bafoons. Regardless, that does not give us the right to scam them like the banks salespeople have done.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-64261330287083290172008-03-10T23:01:00.000+00:002008-03-10T23:01:00.000+00:00"Prison is expensive..."time for a new bubble!"Prison is expensive..."<BR/><BR/>time for a new bubble!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-54256593832807788382008-03-10T22:20:00.000+00:002008-03-10T22:20:00.000+00:00no. the world is a corrupt place and one cannot su...no. the world is a corrupt place and one cannot survive without yielding moral authority. polluters, war profiters, etc... would all be going to jail and the economy would be a dust town.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-76558004318174787282008-03-10T21:46:00.000+00:002008-03-10T21:46:00.000+00:00The ol' "I was just following orders" excuse didn'...The ol' "I was just following orders" excuse didn't fly with Nuerenberg and now The Hague. That excuse shouldn't fly with Countrywide Exploding Mortgages. But Angelo Mozillo should take the biggest fall and not sit in a country club jail. Put his orange mug in with the gangbangers in some fed pen. <BR/><BR/>BTW, how DID Angelo get orange anyways? Any dermatologists in the crowd?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-35894454962057994902008-03-10T21:08:00.000+00:002008-03-10T21:08:00.000+00:00follow the money!!!follow the money!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-9141784678203207502008-03-10T20:56:00.000+00:002008-03-10T20:56:00.000+00:00http://en.wikipedia.org/wiki/Nuremberg_DefenseClas...http://en.wikipedia.org/wiki/Nuremberg_Defense<BR/><BR/>Classic case of Nuremberg Defense. Really, if you didn't follow orders you'd lose your job.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-19558623654093886182008-03-10T20:41:00.000+00:002008-03-10T20:41:00.000+00:00Regional Sales Managers on up - frog march time. L...Regional Sales Managers on up - frog march time. Let the lower levels turn state's evidence.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32105723980984211222008-03-10T20:39:00.000+00:002008-03-10T20:39:00.000+00:00"just doing what they were told to do" That excuse..."just doing what they were told to do" That excuse got Nazi’s the business end of a rope at Nuremberg.<BR/><BR/>Burn Baby BurnAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-31058564780122770472008-03-10T20:02:00.000+00:002008-03-10T20:02:00.000+00:00Swell idea QWEEFER. Let's lock up tens of thousand...Swell idea QWEEFER. Let's lock up tens of thousands of people at a cost of $60K a year for doing clerical work. After all we have all this money just a burning a hole in our collective pockets.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-2335660655586203022008-03-10T19:31:00.000+00:002008-03-10T19:31:00.000+00:00Only down to regional managers. They push the othe...Only down to regional managers. They push the other mid-management and lower employees to move the fraud up the chain of command. "We need the commissions" is the usual reply to a mid-manager trying to tell them that an application is fraudulent.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-49572561147282898422008-03-10T18:59:00.000+00:002008-03-10T18:59:00.000+00:00Prison is expensive...Prison is expensive...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-82764608009482007172008-03-10T18:09:00.000+00:002008-03-10T18:09:00.000+00:00Yes and NoShould a low level employee who processe...Yes and No<BR/><BR/>Should a low level employee who processed a loan app be prosecuted, No. Should their bond traders that sold their cr*p, yes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-40502362954920424062008-03-10T17:57:00.000+00:002008-03-10T17:57:00.000+00:00I agree to an extent, however the bulk of the blam...I agree to an extent, however the bulk of the blame rests on upper-management, since they were the ones receiving vulgar bonuses on top of their vulgar salaries. Upper management were also the ones threatening employees with layoffs if they didn't perform as expected - namely, pushing liar loans.<BR/><BR/><I><BR/>Well...If you worked at a auto strip shop and just removed the parts for resale on the black market, but you NEVER actually stole a vehicle...Are you guilty? I say yes and they should all have different degrees of punishment ranging from Jail time (Tangelo) to trash pickup (office janitor)<BR/></I>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-86016223871653341322008-03-10T17:35:00.000+00:002008-03-10T17:35:00.000+00:00Evernight I use my Voodo Doll on them....Countrywi...Evernight I use my Voodo Doll on them....Countrywide ruined my life....See you in HELL CFC!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-36671848125414974452008-03-10T17:29:00.000+00:002008-03-10T17:29:00.000+00:00I'd rather hear the testimony of the underlings. ...I'd rather hear the testimony of the underlings. Putting them away won't do anything except fill the jails, but getting them on the stand will help to bag the big fish.<BR/><BR/>Amnesty for the clerks as long as they are in the country legally.Anonymousnoreply@blogger.com