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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.

I discussed with a friend yesterday, and he had the basically the same comment/observation that you posted below. He added the so called government back mortgage funds and bonds to the list. He said that GW will be blamed for both of these messes even though he inherited them.

You posted:

"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."

My son asked the other day how long would it take to get over the Clinton Mess, you called it the Clinton hangover.

I told him that even with control of the Senate next year, it could take a large part of his adult life to find all of the land mines left by the Clinton's.