the name for a hitman fund after bernard madoff. basically investors and shareholders in a company set aside money to pay hitmen to take out swindlers, crooks and fraudsters. make it a requirement for banks, hedge funds, insurance and investment companies of any kind. benefits? delivers swift justice and guarantees efficient functioning of the markets as fraudsters must think about their life before they decide to swindle.
usually the real culprits behind big-time frauds tend to write books, give seminars, stay famous and continue to live in luxury a few years after the scandal. so instead of innocent investors who have been defrauded committing suicide, how about the real culprits get punished for a change? the current state of affairs is pitiful. hitmen contracts must be written in the bylaws of companies and kick-in automatically. if they don't prevent people from committing fraud, they will apply rightful justice after!
http://www.thinkaloo.com
Thursday, July 23, 2009
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