Comments on: The Perp Walks Begin http://www.socalbubble.com/2008/06/the-perp-walks-begin.html Southern California is Experiencing a Real Estate Bubble like never before Mon, 01 Dec 2008 21:55:17 +0000 http://wordpress.org/?v=2.6.5 By: Bob Martin http://www.socalbubble.com/2008/06/the-perp-walks-begin.html#comment-62623 Bob Martin Fri, 20 Jun 2008 07:29:23 +0000 http://www.socalbubble.com/2008/06/the-perp-walks-begin.html#comment-62623 I appreciates Mr. Cioffi, for his great work and as well this blog really full of good posts. I appreciates Mr. Cioffi, for his great work and as well this blog really full of good posts.

]]> By: California Kid http://www.socalbubble.com/2008/06/the-perp-walks-begin.html#comment-62617 California Kid Fri, 20 Jun 2008 04:06:42 +0000 http://www.socalbubble.com/2008/06/the-perp-walks-begin.html#comment-62617 Roosters are coming home to crow.... If these boys end up cooperating with the authorites, we'll see how quickly the chain breaks. As for jail time, it will probably depend on what they are willing to give up or on others to escape any hard time.... It's too bad they didn't start with the top brass of the former Sub-Prime lenders... These cats are the ones who started the issue of unstable lending practices by originating these ninja loans and passed them through the multipe structure investments that could end up hanging the balance of our financial system. If they end up doing jail time.... we really should pull together a gift basket with plenty of vaseline and other necessary items to make their stay a pleasent and unpainful event........ forget it, let the pain begin! Roosters are coming home to crow…. If these boys end up cooperating with the authorites, we’ll see how quickly the chain breaks. As for jail time, it will probably depend on what they are willing to give up or on others to escape any hard time…. It’s too bad they didn’t start with the top brass of the former Sub-Prime lenders… These cats are the ones who started the issue of unstable lending practices by originating these ninja loans and passed them through the multipe structure investments that could end up hanging the balance of our financial system. If they end up doing jail time…. we really should pull together a gift basket with plenty of vaseline and other necessary items to make their stay a pleasent and unpainful event…….. forget it, let the pain begin!

]]> By: Juliius http://www.socalbubble.com/2008/06/the-perp-walks-begin.html#comment-62608 Juliius Thu, 19 Jun 2008 20:42:05 +0000 http://www.socalbubble.com/2008/06/the-perp-walks-begin.html#comment-62608 From the article: Just before the fund’s collapse, Mr. Cioffi, who just a year earlier was making an eight figure salary, gave voice to his fears. “I’ve effectively washed a 30-year career down the drain,” he said. Along with billions of investors' money not to mention the complicity in exacerbating the nation-wide housing melt-down (not that these guys have anywhere near all of the blame). I wonder if there will actually be jail time? From the article:
Just before the fund’s collapse, Mr. Cioffi, who just a year earlier was making an eight figure salary, gave voice to his fears. “I’ve effectively washed a 30-year career down the drain,” he said.

Along with billions of investors’ money not to mention the complicity in exacerbating the nation-wide housing melt-down (not that these guys have anywhere near all of the blame).

I wonder if there will actually be jail time?

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