Given the timing and the likely parties involved, these transfers, even when they do not involve the theft of funds, done with insiders in the last week of a bankruptcy are called a fraudulent conveyance.

3 Responses to Given the timing and the likely parties involved, these transfers, even when they do not involve the theft of funds, done with insiders in the last week of a bankruptcy are called a fraudulent conveyance.

1. Mother Earth | February 6, 2012 at 9:27 pm |

   A new name so we get demotivated, because calling it theft would immediately suggest a course of action : Arrest, investigation, confiscation..

   Just like calling stealing from the department store ‘Proletarian Shopping’…

   Manu altus! Your Currency or your Biotomy!

2. febo | February 6, 2012 at 9:36 pm |

   Max and Stacy – this is HOT – voter fraud in Nevada
   http://www.youtube.com/watch?v=V_egrN_ateQ

3. Got Silver? | February 6, 2012 at 10:25 pm |

   Will the Economic Experts save us from Collapse Daddy?
   http://www.youtube.com/watch?v=pTeDAst3KA0&feature=player_embedded#!