[Fish in a barrel]

Or snakes on a plane?


On Wed, Jun 11, 2014 at 5:28 PM, Eubulides <[email protected]> wrote:

> On Wed, Jun 11, 2014 at 1:58 PM, Charles Brown <[email protected]> wrote:
>
> > Brat is also the director of the school's BB&T Moral Foundations of
> > Capitalism Program, a bank-branded program intended to give
> > "free-market principles" -- and Ayn Rand's philosophy of Objectivism
> > in particular -- a leg up in the classroom.
> >
> >
> > The program was started by the Branch Banking and Trust Company
> > (BB&T), a North Carolina-based financial services company which
> > currently boasts $184.7 billion in assets. The ideas behind the
> > program were laid out in 2012 in an essay written by former BB&T CEO
> > John Allison.
>
> =================
>
> [Fish in a barrel]
>
>
>
> http://dealbook.nytimes.com/2010/04/04/bbt-whistle-blower-ordered-rehired-in-ponzi-case/?_php=true&_type=blogs&_r=0
>
>
> BB&T Whistle-Blower Ordered Rehired
>
> By DEALBOOK APRIL 4, 2010 2:35 PM 1 Comments
>
> The BB&T Corporation must rehire a former company investigator who
> said she was fired after exposing a $100 million North Carolina
> development scam, a federal administrative law judge said in a ruling
> released Friday, according to The Associated Press.
>
> The decision, made by Judge Jeffrey Tureck, said the investigator, Amy
> Stroupe, should be reinstated to her position with back pay because of
> protection afforded by whistle-blower laws.
>
> Cynthia Williams, a BB&T spokeswoman, said the company, a provider of
> financial services operating primarily in the Southeast, believed the
> ruling was erroneous and planned to appeal.
>
> Investigators say the development, known as the Village of Penland,
> was a Ponzi scheme, and Judge Tureck said in his ruling that the bank
> was assisting the fraud by making loans to investors in the community.
>
> Five people have pleaded guilty to federal criminal charges in
> connection with the case.
>
> Ms. Stroupe claimed that the company ignored her warnings that the
> development was fraudulent and that she was subsequently fired.
>
>
> [The new old GOP; libertarian on the outside; public choice
> rent-seekers on the inside. "Not even five terms in in the Illinois
> State Legislature - the last vestige of democracy in the 'raw' - nor
> my terms in the US Congress, prepared me for the villainy of the
> public choice literature." Judge Abner Mikva. Quoted in "Economics and
> the Law, Second Edition, by Nicholas Mercuro & Steven Medema, page
> 182]
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>



-- 
Cheers,

Tom Walker (Sandwichman)
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