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If corporations are now persons, & the person knew it was selling fraudently

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ShockediSay Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 01:13 PM
Original message
If corporations are now persons, & the person knew it was selling fraudently
then the corporation is liable civilly and criminally.

Through the whole corporation into jail, and have them

pay for all losses incurred as a result.

At common law there existed 'larceny by fraud'

and given the magnitude of the amount defrauded,

this is a felony.

See Messrs Roberts and Alito, the can of worms you opened?
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Initech Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 01:24 PM
Response to Original message
1. Can we have Goldman-Sachs arrested then?
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ShockediSay Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 09:25 PM
Response to Reply #1
2. Why not? Judges Roberts and Alito think they are people w/ rights of free speech.
So what happens to a person w/ rights of free speech if he is caught soliciting prostitution?

soliciting a bribe?

saying something false in a police investigation?

saying something to incite a riot?

saying something treasonous like classified information to an enemy?

soliciting sex w/ children?
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anigbrowl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Apr-18-10 09:35 PM
Response to Original message
3. ...I hate to burst your bubble...
but when statutory law exists, which it does here, common law does not apply. As for criminal charges, you'll have to take that up with Eric Holder. It is not impossible that this will occur, but you might have to wait a while.

The SEC complaint does indeed seek to hold Goldman Sachs responsible for losses incurred by other investors.
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ShockediSay Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-19-10 01:19 PM
Response to Reply #3
4. OK, skip common law and go straight to RICO/jail
Do no collect

Thank you for your support, albeit left handed {no pun intended}
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