Hedge fund manager arrested

[flintlock]

http://finance.yahoo.com/news/Billio...94948.html?x=0

One of America's wealthiest men was among six hedge fund managers and corporate executives arrested Friday in a hedge fund insider trading case that authorities say generated more than $25 million in illegal profits and was a wake-up call for Wall Street.

[Diarmuid]

Re: Hedge fund manager arrested

http://finance.yahoo.com/news/Billio...94948.html?x=0

Bonus time again- have to throw a few morsels to the unwashed herd, baying for blood. [sarcastic cynicism]

[metalman]

Re: Hedge fund manager arrested

Bonus time again- have to throw a few morsels to the unwashed herd, baying for blood. [sarcastic cynicism]

our oligarchs got a thing or two to learn from china's.

step 1... round up the usual suspects.



step 2... show trials.



step 3... back to biz as usual.

[thunderdownunder]

Re: Hedge fund manager arrested

Metalman, I may be a bit picky but you forgot the one before its back to business.
Bullet to the rear cranium at point blank range.
Something which I am told, deters greed and theft in the ones remaining.

Just the ticket to put real confidence back in the honest citizens of the USA

[metalman]

Re: Hedge fund manager arrested

Metalman, I may be a bit picky but you forgot the one before its back to business.
Bullet to the rear cranium at point blank range.
Something which I am told, deters greed and theft in the ones remaining.

Just the ticket to put real confidence back in the honest citizens of the USA

no kidding... if the law returns & accounting rules, too, why... i might stick a toe into the usa stock market. too soon to say, tho.

[blazespinnaker]

Re: Hedge fund manager arrested

"The Associated Press has learned that even before his arrest, Rajaratnam was under scrutiny for helping bankroll Sri Lankan militants notorious for suicide bombings."

Maybe he's just collateral damage from other investigations which picked up the insider trading by accident.

[skyson]

Re: Hedge fund manager arrested

Metalman, I may be a bit picky but you forgot the one before its back to business.
Bullet to the rear cranium at point blank range.
Something which I am told, deters greed and theft in the ones remaining.

Just the ticket to put real confidence back in the honest citizens of the USA

you mean this?



and this?



and this?



and this?



and, oh sorry, the following are too graphic...will scare the shit out of everybody...

[audrey_girl]

Re: Hedge fund manager arrested

the Mao methods do have some fans in very interesting places

fyi:

[skyson]

Re: Hedge fund manager arrested

the Mao methods do have some fans in very interesting places

fyi:

the people being executed in those photos were murderers(hope you all could see the first one is fake), not political dissidents. so please do not use them in anti-commie propoganda, like Glenn did.

Mao killed 70 millions people? pure western propoganda BS!

i am a dissident myself, but to accuse Mao this kind of anti-civilization acts, and to believe in this kind of disinformation is beyond stupidity.

Mao is the hero of all chinese. you guys believe it or not, does not change the facts.

[metalman]

Re: Hedge fund manager arrested

you mean this?

the white gloves are a nice touch.

not sure i follow you. you're saying the ccp today under hu & his technocrats is evil but under mao was good and mao was a hero?

agree 70 million killed under mao's rule is exaggerated. the verified stats are 40 milllion.

[skyson]

Re: Hedge fund manager arrested

the white gloves are a nice touch.

not sure i follow you. you're saying the ccp today under hu & his technocrats is evil but under mao was good and mao was a hero?

agree 70 million killed under mao's rule is exaggerated. the verified stats are 40 milllion.

no, what i mean Mao was a hero is that he sure made some terrible mistakes, but it was him who built the foundation for today's "new china". it was him and his comrades who expelled the foreign powers and protected china's sovereignty. his goods vastly out numbered his deeds, like Deng Xiaoping's evaluation of him as "7 merits 3 demerits", which i strongly believe is a fair one. truly, without him, we will not see the china today.

in regard of the number of deaths, it was overly overly exaggerated. on the link page you put forth, one of the number of Tibetan death was 0.6-1.2 million deaths. hello, the total population in Tibet was less than one million in 1950s-1960s, today it is about 2.0 million. you are telling me that half or all of Tibetan were killed during Mao's era? talk about talking without using one's brain.

another item about the 30-40 million death during the Great Leap Forward, there was a new study a few years ago, estimated that number a few million(i cannot find the link now, and it is in chinese. also remember china was a very poor country. even before 1950, famines were not uncommon, and regularly killed hundred of thousands of poor people). at that time, total chinese population was about 400 million, so if that number(40 million) is true, then that means every one in ten people would have died. however, from my personal experience(well, i was not born yet, but from my parents and older generation relatives and friends), no one died of famine in that time. therefore, i highly suspect the western estimate of the deaths in that period. in addition, those deaths were the result of a famine caused by the extreme economic policy of the party(well, they thought they could catch up with the US and UK over night if they tried hard enough), they certainly did not plan to mass-kill their own people. so comparing this to the Hitler-style or even Stalin-style execution of people is wrong or evil-minded.

i am not disputing that the CCP making horrible mistakes and sometimes committing crimes against their own people in the past, but mostly the western portrait of them is unfair and with questionable intention.

[skyson]

Re: Hedge fund manager arrested

some background of those pictures:

the chinese girl being executed murdered her best friend and burned the body into charcoals for, get this: her best friend was smart and got into university for further education, and she was stupid and did not pass the entrance exam.

she deserved every bit of the punishment she was getting. this was a wellknown murder case in the 90s. the pics somehow leaked to the internet later on.

nowadays, while the capital punishment still remains in china, the execution is carried out with poison injection - china is coming to the globalization in every little way.

[blazespinnaker]

Re: Hedge fund manager arrested

i am not disputing that the CCP making horrible mistakes and sometimes committing crimes against their own people in the past, but mostly the western portrait of them is unfair and with questionable intention.

"Casting out foreign powers" is hardly a good thing and wasn't a 'leap forward' at all. It's that type of attitude which drives jingoism and brings grief to the oneself and to the world at large.

I agree the famine charges are frequently cast in the light of purposeful activity ... which is frankly untrue. I really doubt Mao wanted communism to fail.

In my opinion the most important thing was/is the absence of free speech. That's how you tell good from evil. Evil always discourages free speech.

[skyson]

Re: Hedge fund manager arrested

"Casting out foreign powers" is hardly a good thing and wasn't a 'leap forward' at all. It's that type of attitude which drives jingoism and brings grief to the oneself and to the world at large.

really? that is highly subjective, i guess. the "boxers" might be barbaric in the eyes of the western occupiers, like the "insurgents' in today's iraq, i will side with the "barbarians" any time.

I agree the famine charges are frequently cast in the light of purposeful activity ... which is frankly untrue. I really doubt Mao wanted communism to fail.

of course.

the historical background of that famine was complex. first, just after korean war, the US lead UN embargo against the "red china" was in effect(it was reported that the US led iraq embargo killed 1 million iraqis, mostly children?); secondly, USSR commies wanted Mao to joint the "big family of communism", but Mao refused to be the puppet and insisted to only act in the interest of the chinese people. this led to the total severing of relationship of china with the commie eastern bloc.

hence, Mao's china was in completed isolation from the outside world, politically and economically. at this very same time, the CCP were pursing a hot head economic policy and strategy, in Mao's own words:"people has the gut, then the land has the produce"(not sure about the translation). to make things worse, an unprecedent drough pushed the nation into a disaster.

history is rarely black and white as "someone wants you to believe".

In my opinion the most important thing was/is the absence of free speech. That's how you tell good from evil. Evil always discourages free speech.

does the average chinese has the freedom as an average westerner does? no, but comparing with past, they are making progress in leaps and bounces, i think.

[thunderdownunder]

Re: Hedge fund manager arrested

nowadays, while the capital punishment still remains in china, the execution is carried out with poison injection - china is coming to the globalization in every little way.

China has indeed improved its disposal methods. My Grandfather has some very graphic details of the methods used around 1900. Shall we say they separated the good bits from the bad in one stroke :eek:
Better yet was his Chinese taught method used to acquire information without undue coercion. Water boarding is for pussies.
from his diaries the following,
Want the truth from a hardened criminal, take one barrel with lid, one leather thong to tie the hands to feet at rear (passing it through the mouth to pull the head back). Place criminal kneeling in barrel and nail down lid above his/her head. Add water drip at a time on head. leave in darkened room for 24hrs. During those hours the water rises and the prisoner understands they have two options. Swallow the water to prevent its rise or just strain to keep your head above water. Eventually only the mouth and nose are clear if you are able to strain enough. Soon only the nose is above water and one option remains, swallow the water to "lower" the level. Bladder increases to extream painful excess and you know if you pee your going to drown but pee you must. So you strain to extreme against the leather restraint pulling your neck to a painful angle while taking big grasping breathes. This of course has the effect of making you float up only to sink down again under water. Your in excruciating pain with a full bladder, bent neck, mouth full of water that you can't swallow, circulation to hands and feet cutoff and your bouncing of the barrel bottom with each stolen breathe in total quite and pitch black environment.
Then someone outside the barrel will speak and ask you a series of pointed questions that if answered correctly will save you.
I am told they were always answered fully on removal from the barrel. If not you went back and never returned. Some lost their minds and souls completely during this ordeal and became "quivering ghosts"
This was used on river pirates to find the location of the gangs headquarters near Port Arthur and eventually diminished their presence to a manageable lot.
However the Chinese have other methods which to a civilized Christian man seem beyond cruel. One I witnessed astounded me in its simplicity but devastated me with its visual gore. If I had my pistol I would have shot the poor beggar to shorten his suffering. A short knife, salt and time is the basis for this bestial death. They take the condemned to the town centre and tie him to a post where he is stripped naked....................:eek::eek::eek:
Yes things have improved in China it would appear.