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There are still a few missing pieces to the puzzle. With some work over the next years, I think there is going to be a significant improvement in the ability to allow banks to fail.
More QuotesDarrell Duffie, finance professor at Stanford University business school.

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One year in prison and he gets to keep over one million dollars?
Where do I sign up?
I don’t think so but then pregnant women can retain much. Anyway if you take the literal $1,500,000 – restitution, you get $1,330,020.21 to keep. If he can keep that then I should get at least $2 million for the E. Coli scare. God forbid!
Let’s see if I follow correctly. For threee years he was able to provide false insurance to Prime Time Shuttle (a major player at LAX) and nobody at Prime Time or LAX Certificate dept could figure it out for three years. Keep it under your turban folks……..quality control is great, no wonder our airports are in danger.
‘Tis about time these people got caught…not just the individual but all the others involved in their scheme. WHy did it take threre years? The premiums paid by Prime Time franchise people should have to be repaid…the restitution is an insult and just a pat on the back of the hand!
Why would a broker do that!? He’s plain STUPID, & Motivated by GREED. People like that shouldn’t be in the business where money is involve and further he should be deported for having to do such act for those who work hard for their money. I feel sorry for those he’s caused financial problems.
I hope Anna Menocal is right there with him, however, the sentence s/b lifetime based on how they’ve disgraced our profession.