It's time for crisis at a glance!
Someone at Volkswagen-- maybe several someones-- thought it was okay to sell thousands of cars loaded with computer software that deliberately gave false emissions ratings.
A hedge fund punk buys a drug company and jacks up the price of a vital medicine 5,000% and gives interviews in which he grins and expects the rest of us to understand.
This has been going on for a while-- The country-wide financial mortgage scandal 8 years ago involved hundreds of agents who thought it was okay to sell mortgages to people who couldn't afford them. Then Wall Street sales people packaged those doomed mortgages and resold them as risky investments, but they told the buyers they weren't risky. Wall Street firms also made trades for their customer while making the opposite trades for themselves.
Copyright 2015 Hawaii News Now. All Rights Reserved.
Hawaii News Now
420 Waiakamilo Road, Suite 205
Honolulu, HI 96817
Main (808) 847-3246
News (808) 847-1112