[DeTomaso] Very little Pantera content

Thu Nov 19 16:31:48 EST 2009

Absolutely.
W
----- Original Message ----- 
From: <pantdino at aol.com>
To: <detomaso at realbig.com>
Sent: Thursday, November 19, 2009 4:22 PM
Subject: Re: [DeTomaso] Very little Pantera content


>
> My feeling is that some people should go to jail.
> My understanding is that the grade BBB loans made to people with no proven 
> income were rebundled as AAA -rated instruments and sold to pension plans 
> and investors.
>
> In my simple-minded thinking that is fraud and someone should go to jail.
>
> Likewise the CEOs who walked away with hundreds of millions of dollars and 
> ruined the economy.  They knew what would happen. They should do time
>
> Jim Oddie
>
>
> -----Original Message-----
> From: Ken Green <kenn_green at yahoo.com>
> To: detomaso at realbig.com; pantdino at aol.com
> Sent: Thu, Nov 19, 2009 1:00 pm
> Subject: Re: [DeTomaso] Very little Pantera content
>
>
>
>
> Jim,
>
>    It's easy to skim a very small percentage of a huge amount of money.
>
>    The problem is that the system allowed people to place huge bets, and 
> leave the game with others holding the bag.  I doubt that the people who 
> lost millions in the last year had any idea that their "investments" were 
> being gambled to make or insure loans for over priced property bought by 
> people who clearly could not afford what they were buying.  The way it was 
> explained to me is that killer is that the FED loaned money to lenders and 
> the lenders loaned that money and exposed all of us to huge losses.
>
>    For example, I suspect that the president of Lehman Brothers had a 
> bonus program that paid him something like $500,000,000 over the past 9 
> years if he met certain goals.  The risks taken were not part of the 
> formula.  He conveniently ignored warnings that it wasn't a good idea to 
> guarantee loans that were almost certain to go into default.  I don't know 
> if he broke any laws, but what he did to make huge bucks probably 
> destroyed the financial security of millions of other Americans.  I'm sure 
> the hundred
> s of millions he made have helped him to live with what he did.
>
>    I suspect that what happened could be explained to the nation (and damn 
> well should be) but the government is protecting someone.  If someone else 
> can explain what happened better, I'd appreciate it.
>
> Ken
>
>
>
> --- On Thu, 11/19/09, pantdino at aol.com <pantdino at aol.com> wrote:
>
>
> From: pantdino at aol.com <pantdino at aol.com>
> Subject: Re: [DeTomaso] Very little Pantera content
> To: detomaso at realbig.com
> Date: Thursday, November 19, 2009, 12:23 PM
>
>
>
> "Down here that means that you
> work for what you have"
>
> I'm just curious-- does the "working for what you have" idea apply to the 
> 1000 Goldman Sachs employees who each got $1 Million "bonuses" this year? 
> Does everyone feel the work they do is so difficult and contributes so 
> much to society that that kind of money is justified?
>
> My feeling is that just because people have figured out a legal scam to 
> make them rich does not mean it is OK.
>
> Jim Oddie
>
>
>
> -----Original Message-----
> From: Bill Lewis <lotus0005 at hotmail.com>
> To: cuvee at sbcglobal.net; detomaso at realbig.com
> Sent: Wed, Nov 18, 2009 4:22 pm
> Subject: Re: [DeTomaso] Very little Pantera content
>
>
>
>    Curt, I am in Texas, and I only have one friend/acquaintance who admits 
> to
> eing a Democrat.  We are solid middle class.  Down here that means that 
> you
> ork for what you have, and don't want your money going to those who might 
> not
> hoose to work as hard.
>    My comment to my one Dem friend, Carl, is, why do I get hundreds of 
> email
> orwards that put down or make fun of the Dems, but so far he has only sent 
> me
> ne of the other.
>    I know the commentator won't let us go too far with this thread, but I 
> am
> eally confused about "who" is a Dem - they seem to be a strange crew of
> edfellows.  How can you be a serious Catholic and be Pro-chose?
>    And, as to Panteras, I have a question about wheels - 17's & 18's.
> --Bill
>
>
>> Date: Wed, 18 Nov 2009 10:26:53 -0800
> From: cuvee at sbcglobal.net
> To: detomaso at realbig.com
> Subject: [DeTomaso] Very little Pantera content
>
> OK... first let me say I'm not looking for a pissing match! I don't care 
> what
> ide of the fence your on.
>
> Just asking a simple question....hows Pres. B.O.s Hope and Change working 
> for
> ou?
>
> Working or Not Working?
>
> Now the Pantera content...Hope and Change has cut my Pantera activity down 
> to
> lim and none.
>
> Curt
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