ON this date in 1992 - In Los Angeles, financier Charles Keating Jr. was sentenced to nine years in prison for swindling investors when his Lincoln Savings and Loan collapsed.
The convictions were later overturned.
Bun Man just took off his knit cap and bowed his head.
Stunned, Mr. Purple and I turn to ask for an explanation. Bun Man says,
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"This was the beginning of the end for the American consumer and taxpayer; Too Big to Fail and Too Big to Jail..."
Mr. Purple added "But not too big that the govt. won't figure out a way to screw the individual and award a corporation w/ a conscience..."
Wait, corporations have a conscience?
Well, according to Roberts' SCOTUS they do...
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