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Thread: This poor guy needs a HUGE tax break

  1. #1
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    This poor guy needs a HUGE tax break

    But this guy is a really big thief and a billionaire...

    The jury convicted Rajaratnam on all 14 counts of conspiracy and securities fraud. The Galleon co-founder was accused of reaping $63.8 million in illicit profits or loss avoidance with the help of tipsters feeding him illegal stock tips on more than a dozen companies.


    Hedge fund manager Rajaratnam guilty in insider trading trial - USATODAY.com

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    Re: This poor guy needs a HUGE tax break

    This will teach the thieves not one damn thing. They create new confusing ways to make money out of thin air like with Derivatives which are something that is based on another source, and an arrangement or instrument (such as a future, option, or warrant) whose value derives from and is dependent on the value of an underlying asset.

    The problem is it's like the rest of the stock market the money doesn't come out of thin air we all end up paying for one way or another.

    It's gambling with the future and killing the present when these criminals go to work every day and like with the speculators in the price of oil drive the costs of Gas up and thus drive the price of everything up with it.

    Obama is helping by telling the oil Companies they can't use the resources we know are here, so the fear factor jumps up the the speculators go to work and make it even worse.

    Putting this guy in prison will in the long run, but I like seeing any of them jailed.

  3. #3
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    Re: This poor guy needs a HUGE tax break

    This happens all the time...and it costs us a fortune. Its pure greed

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