Have You Looked at Angelo Mozilo's Facebook Page lately?

williambanzai7's picture

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laosuwan's picture

And what important purpose prevented them from settling with Martha Stewart?

You know, this is an interesting question. I remember back in the S&L crisis how they started going after the small players that were doing what the bush family was doing. And it has been that way ever since. Whenever there is a scandal implicating somebody at the top they magically have one of these leona helmsley, martha stewart, bernard madoff people just waiting in the wings. I really do wonder if the reason they never went after madoff was that they were saving him for the right time to be the distraction of the day.

laosuwan's picture

And what important purpose prevented them from settling with Martha Stewart?

You know, this is an interesting question. I remember back in the S&L crisis how they started going after the small players that were doing what the bush family was doing. And it has been that way ever since. Whenever there is a scandal implicating somebody at the top they magically have one of these leona helmsley, martha stewart, bernard madoff people just waiting in the wings. I really do wonder if the reason they never went after madoff was that they were saving him for the right time to be the distraction of the day.

williambanzai7's picture

Well, no. They never went after Madoff. They were too stupid!

He turned himself in.

They definitely like to go after celebrities though. 

 

laosuwan's picture

i thought they caught him hiding in the closet. that's what the news reports said. Or was that some other chump?

Yeah, celebs in the us are how prosecutors get their name in the paper when they want to run for judge in the local elections. i am amazed hollywood has not moved to Canada years ago

blindman's picture

http://www.youtube.com/watch?v=iLddJ1WceHQ&feature=related

.

 "sympathy for the devil",  part of the invasion.  what's my name?

!!!!  country wide.  aka systemic in a geo political context. ongoing

williambanzai7's picture

SYMPATHY FOR THE SHORTS
(Sympathy For the Devil, Stones)
WilliamBanzai7

Please allow me to introduce myself
I'm a man of wealth and taste
Ive been around for a long, long year
Stole many a mans nest egg and faith
And I was round when Livermore
Had his moment of doubt and pain
Made damn sure that Madoff
Washed his hands and sealed his fate
Pleased to meet you
Hope you guess my name
But whats puzzling you
Is the nature of my game
I stuck around AIG
When I saw it was a time for a change
Fired the CEO and his SVPs
While Bernanke and Paulsen screamed in vain
I killed a bank
Was best friends with Hank
When the markets raged
And Sirius XM tanked
Pleased to meet you
Hope you guess my name, oh yeah
Ah, whats puzzling you
Is the nature of my game, oh yeah
I watched with glee
While your investment banks bleed
Fought for ten decades
To kill the paper they made
I shouted out,
Who killed Lehman, Bear and the GSEs?
When after all
It was you and me
Let me please introduce myself
I'm a man of wealth and taste
And I laid traps for banker troubadours
Who get fired before they reach Mumbai
Pleased to meet you
Hope you guessed my name, oh yeah
But whats puzzling you
Is the nature of my game, oh yeah, get down, baby
Pleased to meet you
Hope you guessed my name, oh yeah
But whats confusing you
Is just the nature of my game
Just as every banker is a criminal
And all the hedge fund thieves are saints
As heads is tails
Just call me trader Joe
cause I'm in need of some restraint
So if you meet me
Have some courtesy
Have some sympathy, and some taste
Use all your well-learned risk controls
Or Ill lay your trading book to waste, um yeah
Pleased to meet you
Hope you guessed my name, um yeah
But whats puzzling you
Is the nature of my game, um mean it, get down
Woo, who
Oh yeah, get on down
Oh yeah
Oh yeah!
Tell me baby, whats my name

blindman's picture

hyyyyaaaaaaaaa  hhhh aa a a hahhaha aahaha ......

kathy.chamberlin@gmail.com's picture

that was a really really good live selection, blindman. those boyz aren't using no tanning beds to get faces tan, quite the opposite being heroin sheik white. thanks again. mick does genghis khan.

blindman's picture

@"mick does genghis khan."

that's great,  exactly

hayleecomet's picture

"And what important purpose prevented them from settling with Martha Stewart?

Just asking... "

I just brought this question up yesterday.  She's got to have her peonies in a wad over this shit.

How is it possible that a criminal like this can pay a "fine" for the magnitude of his crimes?  I mean,even Madoff has to be pissed off over this.

It's a great piece, WB.  Hopefully it will stir the pot a little...the SEC just screwed us over again and there must be outrage over this.  Especially since we, the taxpayers, now own most of the shit this ass hat conjured up, packaged and made gazillions on.

williambanzai7's picture

She would never speak out. She is to classy to complain.

But as for the rest of us, they think we are all fools who don't see what is happening. It is an outrage!

kathy.chamberlin@gmail.com's picture

you are so right again. i believe martha is classy and took that sentence like a real person and citizen. perhaps beating herself up like most females do. i don't do anything martha stewart like in my life, but she did bring domesticity to america in a lovely way. damn i just cry for her, was her attorney bad?

williambanzai7's picture

They shafted her and she never complained.

I think she was scared they would never let her get her act back together like she did.

I have never heard her complain about it.

But she has lots to complain about.

There is a spectrum of inside trading on one end is Martha Stewart and on the other is Mozilo. He is on the scummiest end. Guys who screw you as they screwed everything up. Yet he walks.

tahoebumsmith's picture

It's like the bank robber being asked to give back 20% of his heist as punishment. No jail time, just give back part of what you criminally stole. When is the SEC and all these other government watchdog agencies going to be held liable for not doing their fricken jobs?

williambanzai7's picture

That is the right analogy.

You want to know why they tell us they have to do this? The cost of litigation. So if you can pay for high priced lawyers you can buy your own justice.

Problem Is's picture

Mortgage Lender Implode-O-Meter picked you up as a link...

Nice going WillB7...

williambanzai7's picture

I don't know what I did to deserve this, but it certainly is an honor, your honor ;-)

Someone just let me know it is up on the 4closurefraud site as well: http://4closurefraud.org/2010/10/17/ha-have-you-looked-at-angelo-mozilos...

Triggernometry's picture

The picture reminds me of the smelly yellow child molester in Sin City.

kathy.chamberlin@gmail.com's picture

i am not sure why these men think it is attractive to have tanned faces. i mean when i was snow skiing all days during the winter i put tons of sun screen on cause you didn't want the google look or like a racoon. these men are just plain god damn ugly. that one from O hi O is even worst. maybe they both are color blind, a lot of men are.

kathy.chamberlin@gmail.com's picture

blindman HI, you know i am starting to get this mafia concept applied to our government. it really never clicked until lately. i think their are more mafia besides the gov, like private equity guys.

i wanted to be a Go-Go dancer, well, i was one to myself, never got a job though. but that big white chick, not so attrative.

blindman's picture

no one suspects a well groomed and suited dude

of being a serial economic fraud.  up top they

nailed it, read the wardrobe. 

tan is fine but if it goes with a manicure you might have a

problem. ?  you have to read the entire package.

i was born in the fifties so i love go-go dancers of all stripes,

even the zoftig variety. 

GoingLoonie's picture

Great Job Will!  Enjoyed it, even if it hurts so bad!

williambanzai7's picture

Let me know when go get there ;-)

kathy.chamberlin@gmail.com's picture

your funny billy. see if i had noy gone to see michael moore's capitalism: a love story i would not of remotely been aware of this scandal. so that is good and now your good with visual pictures. but i think facebook is just dumb.

williambanzai7's picture

Go and see inside job.

As for Facebook, the significance of it will not be known until 10 years from now. Think of a generation that hangs all its laundry out for all to see.

doolittlegeorge's picture

careful, here.  this one's a pro at the "inside job."

covert's picture

nope, don't see any signifigance.

http://covert2.wordpress.com

 

lamont cranston's picture

WB&-

You forgot the ad lib last line that JB added in the mid-80s, which would translate into "Ben Bernanke, Eat Your Heart Out" (apologies to Eddie Murphy are in order).

 

williambanzai7's picture

To which he would reply...Where's my beef?

Downtoolong's picture

I've always found that pic of Angelo taking his oath somewhat curious.

He must think testifying under oath doesn't count if you hold your pinky out to the side?

 

Village Idiot's picture

If the fingers don't commit, you must acquit!

b_thunder's picture

"..How can we restore confidence in our capital markets when the regulators are perpetuating the calculus of fraud (T-F=ME   Where:   T=The Full Take  F=Settlement Fines   ME=My End)?" 

THis SEC "Settlment"  for selling stock while in posession of non-public info is what,12% of the total proceeds?  Which is just 2% mre than what SEC charge for early 401(k) and IRA withdrawals!  And this is automatic penalty, not punitive!

How can they expect this to be a punitive penalty or to deter others from doign the same?

 

williambanzai7's picture

Unfortunately it is a sham. But what drives them to nail poor Martha!

laosuwan's picture

who would invest their money with a guy that wears that suit and tie? That suit and tie is a clear giveaway _ he is either a "fractional ownership" timeshare salesman or at the very least he faked his CV. Either way, run!

clothes always give these guys away. and their shoes. I will bet 100 dollars, if we could see them, his shoes were very elaborate loafers adorned with tassles and possibly two tone in color. I mean, this is what life experience is for. Read the warning signs people. You shouldn't be surprised by anything this guy did.

blindman's picture

yea, the tip off is the pin stripes on the suit.  they scream

" i belong in prison ".  subconsciously he knows that,  that

is why he wears it.  ( he is wearing his prison bars to satisfy

his guilt and "overcome" his shameful denial.)  never trust pin stripes!

williambanzai7's picture

Don't forget the diamond pinky ring and vanity license plates.

10044's picture

thx for putting a smile on our faces, we sure need it

you're an amazing artist and a smart person

williambanzai7's picture

Tnx  What a great crew we have here on ZH!

Problem Is's picture

LMFAO...
Tennessee & Oroville CA Friends of Angelo!

WaterWings's picture

Each one comes with free kids.

tom a taxpayer's picture

William - Hilarious.

Multi-level marketing.

HUD's new multi-family housing program.

FEMA's new Safe Housing in Floodplain program.

Dept of Energy's Solar Power City.

Countrywide/Bank of America's settlement offer for origination fraud and foreclosure fraud.

williambanzai7's picture

I really wish George Carlin was alive for this!

Howard_Beale's picture

Now that's what we call a penthouse up there on top.