[Grampa Dave]

It will be a crummy Thanksgiving and Christmas for these crooks.

The worse are the ones who actually headed up or were CEO's for mutual funds, and they still were involved in these scams.

The best punishment will be when states, local government, corporations and individuals cashing out of the bad funds and rolling their money into legit funds. Putnam lost 12-14 billion $'s in fund rollovers and cashouts in just a couple of days.

These guys need criminal charges filed and civil charges filed against them. If they broke laws and are found guilty, put them in jail. Then sue them in criminal courts to remove their ill gotten money.

[Carry_Okie]

These guys need criminal charges filed and civil charges filed against them. If they broke laws and are found guilty, put them in jail. Then sue them in criminal courts to remove their ill gotten money.

It's really too bad it took so long to get to this, because Bush will get the hit for fixing a problem that pre-existed his presidency. In that respect his administration is similar to his father's adsorption of the S&L debacle.

It seems the Clinton hangover continues. IMHO, international banking is in even worse shape than mutual funds.