[Ron61]

Anthony,

You make some very good points. Many of these CEOs sit on boards of more than one company in addition to the ones they run into bankruptcy and take millions of dollars in bonuses with them when they leave. And more laws piled on top of ones that they won't or can't enforce isn't going to solve the problem. I agree that the top people should have everything confiscated and sold and the amount divided up among the stock holders who get left holding an empty bag. I may be wrong about this, but I think they used to have regulation of Fanny Mae and the other big loan companies and some of the politicians who undoubtedly got millions for this, decided they would do better if unregulated. Now that is not a statement of fact as I am going from memory and I may be completely wrong about it. They had warnings of what was coming several years ago and chose to ignore them, probably since they knew it wouldn't hurt them any.

Ron