Indicted Hedge Fund SAC Capital 'Magnet for Market Cheaters'
CComments
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This is the "free market"
Mayo A. Shattuck III
Shattuck was CEO of Constellation Energy, the price of electricity paid by residential customers in the service area of the CEG wholly owned company BGE increased 72%
The stock price of Constellation Energy dropped from a $107.97 high to a low $13.00.[1]
Mayo Shattuck III was paid in 2010: $15.7 million.The Maryland governor has complained about Mayo Shattuck III’s pay, as have the editorial page of the Baltimore Sun, members of the Maryland Legislature, and some of the LARGEST Constellation shareholders, but to no avail.
Mayo Shattuck III also chairs the company’s board, the same board that sets his pay, whose members make a minimum of $195,000 a year in cash and stock for nominal work.[2
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THEY GET BIGGER NOW
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ROTHCHILDS
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WHAT ABOUT GOLDMAN SACHS.
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When we look back at the Bubble Burst, and all of those hedge funds, and all of the Wall Street fiasco, with $4 Trillion in bailouts of fraudulent fellows, how many of the fellows actually went to jail? I can't think of one? ok maybe one, Bernie Maddoff, I don't recall any from Goldman Sachs ever going to prison. they may have paid fines and they may have been indicted but I can't recall any putting on Orange Jump suites.
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Steven and Bernie can play chess.
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More of the Obama administration's concerted program, to bankrupt all of the wealth in America, and steal that wealth to hand out to blacks.
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Apparently it's still "business as usual" in the financial world
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hopefully this is just the beginning.
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hallelujah
While the rest of the country were looking the other way ie: politics, religion, racism, guns etc. these companies and their ilk were robbing our country blind and us along with it. Put the blame where it belongs for a change and let justice prevail.