Generally Accepted Accounting Principles govern and the SEC oversees public investments and reporting, so we have to rely on that.

Originally posted by Tom Cullen:No, maybe he was just a jihadist in the military who was allowed to "slide" because of the PC pussies in government.

:wink: I don't want to hijack this thread but to paraphrase on Al Pacino's line form the Godfather (I think III) Just when I wanted to get out, you keep pulling me back in...My approach is not as hypocritical as those who graze the section 8 pasture and then go marching at the tea bags ralley, crying crocodile tears for government intervention...

:crazed: I always agree with your right wing capitalist, non government subsidized, profit motivated endeavors Eddie.

They put their customers in bad predicament because they know that in the end of the day, they, the predators, would not have to pay for the default, because it either insured by AIG or sold to some European bank who believed that real estate prices in America can only go up.

At least with this short sale they get the $5K payout from the first and any incentives the government provides.

All they did was push judgment day down the road slightly and have caused the inevitable collapse to be much worse.I am also very concerned that the government has taken over the banking industry and many of our private industries (like cars).

This is a very attractive feature for many Europeans who are subject to high taxes and can easily move to Dubai and reduce their tax burden.

They didn't lie to any government or law enforcement officials so at worst there may be a fraud/breach of contract charge on behalf of the producers against the couple.

I hate the thoughts of giving the government that kind of money, I would just like to cash out now, pay my 15% and move on.