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Author Topic: Greenspan lectures the 'hysterical masses'
Briguy
rabble-rouser
Babbler # 1885

posted 21 April 2004 10:59 AM      Profile for Briguy     Send New Private Message      Edit/Delete Post
Greed is criminal good!

quote:
Society has mistakenly equated greed with crime, making these dangerous times for rich CEOs, the prominent Canadian lawyer told about 200 delegates of the Canadian Corporate Counsel Association conference.

"The world has become a hostile place for rich CEOs," said Mr. Greenspan, who recently represented Conrad Black in his troubles with Hollinger International Inc.

The Enron and WorldCom scandals have created hysteria among the public, and a backlash against the wealthy heads of corporations.

"Today CEOs are the captains of corporate piggery, so say the hysterical masses," Mr. Greenspan said.


As part of the hysterical masses, I must politely disagree with the porcine Mr. Greenspan. Enron and WorldCom opened my eyes to the negligence of the SEC, and other regulatory bodies. They have failed to insure that the greed of Mr. Black and his ilk did not override their responsibilities to humanity and, more importantly, their shareholders.

However, let me allow Mr. Greenspan to furnish his own rope:

quote:
Mr. Greenspan argued this is simply because of envy.

He pointed to the recent case of Martha Stewart, whom he called a victim of the times.

Ms. Stewart is not going to jail for her "so-called" crime, Mr. Greenspan said, but rather for her "high lifestyle" and the envy that she instilled in others.

"Make no mistake - in other times Martha Stewart wouldn't have been investigated, let alone charged. There were times that if she were investigated and charged, there would be no possible risk of her going to jail."


Nyee-hee-hee. One wonders if Greenspan is cynically positioning himself to represent the next CEO who falls from grace? He's right in a way, the corporate tree is being shaken like never before...and some lawyer has to represent the bad apples that shake loose. This speech was probably one heck of a sales pitch, considering the audience he delivered it to.


From: No one is arguing that we should run the space program based on Physics 101. | Registered: Nov 2001  |  IP: Logged
Briguy
rabble-rouser
Babbler # 1885

posted 26 April 2004 11:24 AM      Profile for Briguy     Send New Private Message      Edit/Delete Post
The hysterical masses respond to Greenspan

Nothing like a bit of shameless self-promotion, I always say:

quote:
Theft is theft

I appreciate your efforts in bringing Edward Greenspan's comments to the public at large, otherwise known as the "hysterical masses." However, Mr. Greenspan uttered some misleading statements.

Society does not equate greed with crime. Society equates criminal behaviour with crime.

Conrad Black is being investigated for paying himself, other Hollinger executives, and his own holding company $74 million in "non-compete" fees. Mr. Black is alleged to have stolen from and committed fraud against the shareholders of Hollinger Incorporated. Theft and fraud are indictable criminal offences.

According to Mr. Greenspan, Martha Stewart was found guilty of conspiracy and other charges because "the hysterical masses" are a jealous lot. I'm surprised that Mr. Greenspan is unaware of the subtle workings of the court system in the United States. The prosecutor must prove, beyond any reasonable doubt, that the defendant is guilty. The jurors are instructed not to allow personal bias to enter into their decision. Whether individual jurors are prone to jealousy, or card-carrying members of the "hysterical masses," they could not find Ms. Stewart guilty unless there were ample evidence.

If a person steals, that person should be held responsible for their crime. It doesn't matter if that person steals $20 from a till, or $74 million from a multinational corporation.

Brian Altheim, Halifax



From: No one is arguing that we should run the space program based on Physics 101. | Registered: Nov 2001  |  IP: Logged
Michelle
Moderator
Babbler # 560

posted 26 April 2004 11:28 AM      Profile for Michelle   Author's Homepage     Send New Private Message      Edit/Delete Post
Very nice, Sarcasmobri! An unaffiliated Word Warrior!
From: I've got a fever, and the only prescription is more cowbell. | Registered: May 2001  |  IP: Logged
IrishMuse
rabble-rouser
Babbler # 5489

posted 26 April 2004 11:32 AM      Profile for IrishMuse   Author's Homepage     Send New Private Message      Edit/Delete Post
well, who can beat that response?

GOOD JOB!


From: Hamilton, ON | Registered: Apr 2004  |  IP: Logged
skdadl
rabble-rouser
Babbler # 478

posted 26 April 2004 11:43 AM      Profile for skdadl     Send New Private Message      Edit/Delete Post
Superb, Sarcasmo.
From: gone | Registered: May 2001  |  IP: Logged
Scott Piatkowski
rabble-rouser
Babbler # 1299

posted 26 April 2004 12:02 PM      Profile for Scott Piatkowski   Author's Homepage     Send New Private Message      Edit/Delete Post
quote:
If a person steals, that person should be held responsible for their crime. It doesn't matter if that person steals $20 from a till, or $74 million from a multinational corporation.

Any guesses on who will be the first troll to respond to this thread?


From: Kitchener-Waterloo | Registered: Sep 2001  |  IP: Logged
HeywoodFloyd
token right-wing mascot
Babbler # 4226

posted 26 April 2004 12:07 PM      Profile for HeywoodFloyd     Send New Private Message      Edit/Delete Post
Am I trolling if I endorse Sarcasmobri's position?
From: Edmonton: This place sucks | Registered: Jun 2003  |  IP: Logged
Briguy
rabble-rouser
Babbler # 1885

posted 26 April 2004 02:46 PM      Profile for Briguy     Send New Private Message      Edit/Delete Post
My position is more nuanced than I let on in the letter, but with there being a 200 word limit for letters to the editor, I had to simplify the message a bit.
From: No one is arguing that we should run the space program based on Physics 101. | Registered: Nov 2001  |  IP: Logged

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