Wednesday, November 26, 2008

As Mortgages Went Bad - Executives Cashed Out!

While Irving subprime leader New Century was failing, key executives continually changed their stock trading plans and often sold within days of colleagues' trades, a LA TIMES investigation shows.

It's just further proof of how complicit these executives were in the eventual downfall of the stock market and resulting chaos. Tax payers continue to pay to bail out scoundrels like this.

To read the whole story CLICK HERE.

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