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Saturday, October 30, 2010

ANGELO MOZILO,BRUCE KARATZ AND STEVE RATTNER

DID THE AMERICAN JUSTICE SYSTEM TREAT THEM FAIRLY:
ANGELO MOZILO the founder of Country Wide predicted in Barrons that there would be a Housing Criss just before it happened. And he also said the he had never seen a mild housing collapse in his career. The serious charges of insider trading against him werent fair because he shared his information with the public. Therefore the sentence he received of no jail time is a fair sentence.
BRUCE KARATZ
the former chairmen of Kaufman and Broad also received a fair sentence that didnt include no jail time. Karatz didnt really do anything wrong.
STEVE RATTNER HAS SO FAR GOTTEN A SLAP ON THE WRIST FOR SOMETHING HE SHOULD BE IN JAIL FOR.
Paying bribes in exchange for investing public employee pension money should be punished with jail time. So far Rattner has payed a small fine which is nothing for compromising the integrity of New Yorks public employee pension fund. Rattner should get at least a year in jail for what he did. A monetary fine means nothing to thim