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closeupready

(29,503 posts)

21. Right? Orwellian = 2005 Bankruptcy Abuse Prevention Act.

Reply to alcibiades_mystery (Reply #13)

Tue Oct 21, 2014, 02:48 PM

Oct 2014

Stripping many little people from the right to appeal to the federal government for protection from creditors in matters relating to financial health and which act did nothing to stop serial bankruptcy abuse like this.

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Highlight:

Dallas businessman Sam Wyly files for bankruptcy over $300 million forfeiture [View all] TexasTowelie Oct 2014 OP

Greed PeoViejo Oct 2014 #1

So his two biggest creditors are us? n/t jtuck004 Oct 2014 #2

Yes. TexasTowelie Oct 2014 #4

So sad rpannier Oct 2014 #3

Swiftboat funding liar! blm Oct 2014 #5

Thanks BLM - I thought Wyly sounded familiar karynnj Oct 2014 #16

The offshore trusts sink? Downwinder Oct 2014 #6

Wonder where he's hiding most of his money now. nt valerief Oct 2014 #7

That's what I was thinking! TBF Oct 2014 #20

Hopefully Ireland. FSogol Oct 2014 #22

Ha! valerief Oct 2014 #23

Big Karma bites. PeoViejo Oct 2014 #8

Wyly Brothers, Top Republican Bankrollers, Accused of Massive Fraud herding cats Oct 2014 #9

Thanks. TexasTowelie Oct 2014 #12

Why no criminal indictment for illegal activiti...... Hoppy Oct 2014 #10

Losing money and face to these guys is worse than jail. May he think a long time on his shenanigans. freshwest Oct 2014 #11

They don't see it as losing face. Curmudgeoness Oct 2014 #15

Not talking about the bankruptcy, about the financial loss. Less money to buy friends. freshwest Oct 2014 #17

Debts discharged for the multi-millionaire swindlers, but not the student with $40,000 in loans alcibiades_mystery Oct 2014 #13

And little or no protection for people losing their homes. We need more change than HRC will rhett o rick Oct 2014 #14

The plutocraps are allowed to shuffle personal debts into corporations mb999 Oct 2014 #19

Right? Orwellian = 2005 Bankruptcy Abuse Prevention Act. closeupready Oct 2014 #21

Here: calimary Oct 2014 #18