[DeTomaso] Very little Pantera content

Thu Nov 19 16:56:19 EST 2009

IBTL :)

One thing still surprises me.  "These people ruined the economy" but that's very sterile description.  What they did

was destroy the lives of many "little people" who worked for decades and now can look forward to working through their

retirement years.  If they're lucky.  I'm still surprised that more of these parasites don't end up in the cross-hairs of

their victims.  Working until you die while the cause is filthy rich would be difficult.  I could certainly understand it happening...and it wouldn't bother me a bit.

Michael Frazier
Gruppo Rompiculi Corsa ...feelin' grumpy

> To: detomaso at realbig.com
> Date: Thu, 19 Nov 2009 16:22:50 -0500
> From: pantdino at aol.com
> 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 hundreds 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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