A monumentally stupid idea meets its just reward

[skuthorp]

Re: A monumentally stupid idea meets its just reward

https://www.youtube.com/watch?v=4-jsqZQ4OOY

[hawkeye54]

Re: A monumentally stupid idea meets its just reward

Definitely has the smell of an enterprise set up purely to extract money from investors, the standard Trump pattern.

I used to work maintaining banking equipment, saw a few banks close down in the mid 1980's - the Fed ( Federal Deposit Insurance Corporation ) seemed to have no sense of humor, nor tolerance of impropriety when it came to money / assets of a member bank, as I recall.

[Keith Wilson]

Re: A monumentally stupid idea meets its just reward

. . . the Fed ( Federal Deposit Insurance Corporation ) seemed to have no sense of humor, nor tolerance of impropriety when it came to money / assets of a member bank, as I recall.

And a damn good thing. Considering they were established in 1933, when banks failing had caused no end of misery, I'm not even a little surprised.