Billionaires stealing billions from other billionaires

Posted on August 23, 2009 by stacyherbert| 9 Comments

Stacy Summary:  Well, we did say it would be billionaire versus millionaire.  All the millionaires have been pretty much wiped out (though most don’t realize it yet); that leaves the billionaires to defraud each other.

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9 Responses to Billionaires stealing billions from other billionaires

  1. the underfundedmentalist | August 24, 2009 at 8:11 am |

    You gotta love the phrase ‘Family Conglomerate’. Furgettaboutit.
    This has all the makin’s of a great HBO series!
    Hey debt-slaves! Pull up a lawn chair, grab a six pack, and watch the fireworks begin.

  2. george mcclure | August 24, 2009 at 5:44 am |

    As it collapses they feed on each other… just like the ’90-91 collapse of the former Soviet Union. Time to burn their houses down and clear out the vermin and lice.

    No, I won’t do it, but it’s time somebody does.

  3. Maynard G Krebs | August 23, 2009 at 9:20 pm |

    the Spaniards want some too

    http://www.nytimes.com/aponline/2009/08/22/business/AP-US-Guaranty-Bank-Failure.html?_r=1

    Texas bank is taken over by FDIC and sold to Spain’s second largest bank.

    In addition, the FDIC agreed to share losses with BBVA ( the Spanish bank) on about $11 billion of Guaranty Bank’s loans and other assets.

  4. doomandbloom | August 23, 2009 at 2:07 pm |

    king kong vs Godzilla
    giant shark vs mega octopus

    hyuk ! hyuk! bring on the popcorn..and a large coke pls :-)

  5. Mitesh Damania | August 23, 2009 at 1:31 pm |

    You can’t trust Arab businessmen. They think they know everything.

  6. Phil | August 23, 2009 at 11:37 am |

    @♀HookedonKoolAid … ” Dog eats dog ad infinitum.”

    Another Joni Mitchell Album entitled “Dog eat Dog”
    The title song :

    Dog Eat Dog
    It’s dog eat dog
    I’m just waking up
    The dove is in the dungeon
    And the white washed hawks
    pedal hate and call it love
    Dog Eat Dog
    Holy hope in the hands of
    Snakebite evangelists and racketeers
    And big wig financiers

    Dog Eat Dog
    On prime time crime the victim begs
    Money is the road to justice
    and power walks it on crooked legs
    Prime Time Crime
    Holy hope in the hands of
    Snakebite evangelists and racketeers
    and big wig financiers
    …
    …
    http://jonimitchell.com/music/album.cfm?id=15

    Joni is 30 years ahead of the rest !
    ;-)

  7. HookedonKoolAid | August 23, 2009 at 11:33 am |

    Dog eats dog ad infinitum.

  8. stacyherbert | August 23, 2009 at 11:29 am |

    @Mother Earth – excellent point!

  9. Mother Earth | August 23, 2009 at 11:28 am |

    Yakediyak.. nine bottles of beer on the wall..

    At lease he didn’t stuff his mouth with sand, set fire to his -slabang- and run him over with his SUV..