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Re: WSJ article: It’s OK to Walk Away from your mortgage      4-Nov-09 10:57 pm    
I seem to have stirred up an interesting discussion by starting this thread.

Speaking of Enron, it was in the news the other day that a former Enron accountant responsible for much of the cooking-the-books was finally sentenced......to one year probation, he is not allowed to leave his home. Enron's fraud cost a lot of people a lot of money, and some of them their life savings. If that's all the punishment a crook like that gets, it shows that we in this nation are no longer willing to hold responsible those who commit crimes. Well, unless of course you write a bad check to buy groceries, and then if you can't make bail you actually DO spend time behind bars. And I would add that many others of those culpable for the Enron fraud who were jailed got out on appeal. Amazingly, the courts were accepting the "Nuremburg" defense: "I vas just following orders!" Uh huh, we didn't accept that as a defense when Nazis tried to use it, but now it's an acceptable excuse for a crime.
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My thoughts: Any moral imperative to "do the right thin...
jccalif909 Rate it 31-Oct-09 02:20 pm  
 
Well he's probably right in a fair amount of cases...
quagmire_fr... Rate it 31-Oct-09 11:40 pm  
 
It is often the best business decision to wal...
takes2serio... Rate it 1-Nov-09 09:49 am  
 
The moral issue can be debated forever a...
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I really don't care one way or the ...
morals800 Rate it 2-Nov-09 08:42 am  
 
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Now Quag, if you really t...
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If you think that co...
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What is the current penalty if...
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Re: WSJ article: It’s OK to Walk Away...
jccalif909 Not rated 4-Nov-09 10:57 pm  
 
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