http://www.GreenTaxi.com/us-government-takes-over-fannie-and-freddie/ A journey through Finance, the Environment, and Emerging Industries Mon, 02 Jan 2012 17:56:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.GreenTaxi.com/us-government-takes-over-fannie-and-freddie/comment-page-1/#comment-837 DAD Mon, 08 Sep 2008 05:11:56 +0000 http://www.GreenTaxi.com/?p=968#comment-837 I am a physician. If I make a mistake in judgment, especially when I have been forewarned about the risk, I will be severely punished, perhaps both in court, and even could lose my license to practice, and could even go to jail. So how is it that the CEO’s Mudd and Syron, get golden parachutes for their screw-ups? Why aren’t they being punished and being thrown out onto the street when they saw the mistakes that were being made, and went along with them? They knew they were making poor choices, but did it anyway. For many years those loans weren’t offered because they were bad risks, so how is it that they suddenly became good risks? These disasters happened on their watch, they should take the blame and the punishment. If this were the military, they would be dismissed without a pension, and certainly not with any bonus. Bruce Neu MD I am a physician. If I make a mistake in judgment, especially when I have been forewarned about the risk, I will be severely punished, perhaps both in court, and even could lose my license to practice, and could even go to jail. So how is it that the CEO’s Mudd and Syron, get golden parachutes for their screw-ups? Why aren’t they being punished and being thrown out onto the street when they saw the mistakes that were being made, and went along with them? They knew they were making poor choices, but did it anyway. For many years those loans weren’t offered because they were bad risks, so how is it that they suddenly became good risks? These disasters happened on their watch, they should take the blame and the punishment. If this were the military, they would be dismissed without a pension, and certainly not with any bonus. Bruce Neu MD

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