Leo Knight
The only thing necessary for the triumph of evil is for good men to do nothing -- Edmund Burke
Apparently some people think they can spend other people's money...that they don't have.. until eternity. Think of it like the mortgage fraudsters that took out a mortgage on your house and you were unaware of it..and they took the funds and ran and left you holding the bag.
If you missed his show yesterday, click on auto rewind podcast March 24 for at least the first 30-40 minutes
White collar crime cases take took long for all sides. Justice delayed is justice denied.
Liddy could have done the same thing, the way he was abused in the hearing, getting paid $1 and trying to clean up the mess after the main culprits vacated the premises
"Today's global crisis -- a loss on paper of more than $50 trillion in stocks, real estate, commodities and operational earnings within 15 months -- cannot be explained only by the default on a meager 7% of subprime mortgages (worth probably no more than $1 trillion) that triggered it. The real villain is the lack of trust in the paper on which they -- and all other assets -- are printed."