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So No One’s Responsible? - 6/14/2011 7:56:44 PM   
Owner59


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Conservatives fuck the consumer,...... once again.....


"With Justice Clarence Thomas writing for a 5-to-4 majority, the Supreme Court has made it much harder for private lawsuits to succeed against mutual fund malefactors, even when they have admitted to lying and cheating.

The court ruled that the only entity that can be held liable in a private lawsuit for “any untrue statement of a material fact” is the one whose name the statement is presented under. That’s so even if the entity presenting the statement is a business trust — basically a dummy corporation — with no assets, while its owner has the cash."

http://www.nytimes.com/2011/06/15/opinion/15wed2.html?ref=opinion


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RE: So No One’s Responsible? - 6/14/2011 8:02:21 PM   
pahunkboy


Posts: 33061
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From: Central Pennsylvania
Status: offline 		LOL.  I bought more silver this week.   I am not worried. 

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RE: So No One’s Responsible? - 6/14/2011 8:05:05 PM   
tazzygirl


Posts: 37833
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Status: offline 		Unless your silver fund handlers start lying to you.

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Dont judge me because I sin differently than you.
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RE: So No One’s Responsible? - 6/14/2011 8:07:30 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		Tazz, cash and carry.    This mutual fund thing is what is known as counter party risk.  Of course the game is rigged.  They rig it because they can.  Nothing punitive comes out of it.

I tried it their way.    And now I do it my way.

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RE: So No One’s Responsible? - 6/14/2011 8:08:08 PM   
dcnovice


Posts: 37282
Joined: 8/2/2006
Status: offline 		Equal justice under corporate profit.

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INTELLIGENT LIFE IN THE UNIVERSE

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RE: So No One’s Responsible? - 6/14/2011 8:11:41 PM   
Aylee


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It sounds like they sued the wrong entity.

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RE: So No One’s Responsible? - 6/14/2011 8:14:24 PM   
Owner59


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_____________________________

"As for our common defense, we reject as false the choice between our safety and our ideals"

President Obama

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RE: So No One’s Responsible? - 6/14/2011 8:19:27 PM   
mnottertail


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quote:

ORIGINAL: tazzygirl

Unless your silver fund handlers start lying to you.


LOL, I sold silver this week.  I ate a fuckin hamburger, drank a beer and will do it again next week. And make money. Silver tards are as easy as earth girls.

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RE: So No One’s Responsible? - 6/14/2011 8:21:18 PM   
pahunkboy


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quote:

ORIGINAL: mnottertail

quote:

ORIGINAL: tazzygirl

Unless your silver fund handlers start lying to you.


LOL, I sold silver this week.  I ate a fuckin hamburger, drank a beer and will do it again next week. And make money. Silver tards are as easy as earth girls.


That is because you are a dealer you said.

I am not a seller.  I am a buyer.  I am buying-- as I get my tax refund soon.  (which is as of now- SPENT)


< Message edited by pahunkboy -- 6/14/2011 8:24:42 PM >

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RE: So No One’s Responsible? - 6/14/2011 10:33:26 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		LOL.  I gotta hear the story when you sell and think your shit is worth more than what?  50% spot.  You better have at least ...........nah, you go.

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Have they not divided the prey; to every man a damsel or two? Judges 5:30


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RE: So No One’s Responsible? - 6/14/2011 10:40:47 PM   
juliaoceania


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quote:

ORIGINAL: Aylee

Fast Reply

It sounds like they sued the wrong entity.



So, who should they have sued?

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RE: So No One’s Responsible? - 6/14/2011 10:42:23 PM   
willbeurdaddy


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There has to be much more to this than the summary implies. The result seems so obvious based on the few facts given that Im surprised it would even make it to the SCOTUS if thats all there is to it.

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RE: So No One’s Responsible? - 6/15/2011 9:05:35 AM   
pahunkboy


Posts: 33061
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From: Central Pennsylvania
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quote:

ORIGINAL: mnottertail

LOL.  I gotta hear the story when you sell and think your shit is worth more than what?  50% spot.  You better have at least ...........nah, you go.


No counter party risk.   You sound like John Naddler.

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RE: So No One’s Responsible? - 6/15/2011 9:46:43 AM   
SternSkipper


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Joined: 3/7/2004
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quote:

Conservatives fuck the consumer,...... once again.....


Hold tight now. I hear Justice Thomas is a fair man and he will cut us in. I fully expect that EACH of us will be offered a hairy coca cola any minute now

< Message edited by SternSkipper -- 6/15/2011 9:53:26 AM >

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RE: So No One’s Responsible? - 6/15/2011 10:32:14 AM   
flcouple2009


Posts: 2784
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Status: offline 		And how much money did Clarence forget to report this time?

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