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News Another Crooked Billionaire Busted

Another Crooked Billionaire Busted Another Crooked Billionaire Busted

Submitted by Lex Lowther | 1 month ago

Lex Lowther - In an effort to steer clear of the Bubble Boy Saga, here's my offering to those looking for news with more meat on the bone. Raj Rajaratnam, ranked 559th by Forbes magazine this year among the world’s wealthiest billionaires (Net worth: $1.3 Billion) and certainly one of America’s wealthiest men was among six hedge fund managers and corporate executives arrested Friday in a hedge fund insider trading case

Tags: Raj Rajaratnam, insider trading, billionaire swindler, billionaire

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nails 3 weeks ago

Again I refer to the word that my friends hate "lazy".  To lazy to vote, study the issues and the people behind them(take the time to follow the money behind these people).We have done a great diservice to younger generations by allowing the dilution of our education system and the elevating of agendas over what is fact.
The minimizing or vilifying people who don't agree with your ideas has become the norm instead of having the courage to stand on the facts and your opinions based on those instead of hurling names at you.
Step off the soap box now!

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Patriot Watch (Independent) - 1 month ago

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Reply to nails
Until you put all the faces and names of these people for all to see and report of the $ that they c … Show full comment

Believe it brother. You were being nice. Explain to the peeps how they are part time citizens at best and how the current national mood is based on our governments abusive leadership conduct and our allowance on it's happening.

Time for "change"

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nails 1 month ago

Until you put all the faces and names of these people for all to see and report of the $ that they cart off it won't change. /we are stupid drones that deserve to have our money taken from us. We have raised an entire generation that is not financially educated and is lazy.

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Good Ole Boy (Republican) - 1 month ago

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Reply to ironhead
Absolutely correct. Fraud laws should be enforced rigorously and with stiffer penalties. Fraud is a … Show full comment

I agree, they affect thousands and sometimes millions. Politicians commiting crimes affects the whole country and our governance and they get off with a hand slap.

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ironhead (Libertarian) - 1 month ago

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Milken got 18 months in a federal prison/spa for stealing 1 billion and paid a record fine of 250 mi … Show full comment

Absolutely correct. Fraud laws should be enforced rigorously and with stiffer penalties. Fraud is a serious violation and when done so with regard to the finances of large companies (i.e. with large external costs and consequences) can take a massive toll on many people, and sometimes with ripple effects throughout an industry.

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Lex Lowther 1 month ago

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Milken got 18 months in a federal prison/spa for stealing 1 billion and paid a record fine of 250 mi … Show full comment

Indeed there's no comparison. A theory I have behind that relates to the amount of dirt the criminal has on other people. Ironically we live in a world where we hold those who have the greatest potential to do the most damage to the lowest of standards.

LEX

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Good Ole Boy (Republican) - 1 month ago

Milken got 18 months in a federal prison/spa for stealing 1 billion and paid a record fine of 250 million. 750 million for 18 months, who said crime doesn't pay? White collar criminals are not treated like the criminals they are.

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