We would be the people waiting in line for the money the banks would have already made off with....... [T]he banks have created a financial Armageddon looting machine.
Of course, Tyco could receive a cash infusion if it is ever able to collect the hundreds of millions of dollars that, it contends in lawsuits, Mr. Kozlowski and Mark H. Swartz, the former chief financial officer, looted from the company.
Prosecutors contend that Mr. Kozlowksi, the former chairman and chief executive of Tyco, and Mark H. Swartz, the firm's chief financial officer, looted the company of $600 million by secretly making Tyco foot the bill for their expensive tastes.
"I think there's a real difference between people who believed in the free market and people who go around, take financial advantage, loot companies, leave behind broken families, broken towns, people on unemployment," Gingrich said on Hannity's show.
Bashing Romney's corporate resume, Gingrich said, "I think there's a real difference between people who believed in the free market and people who go around, take financial advantage, loot companies, leave behind broken families, broken towns, people on unemployment".
He is accused of taking part in widespread financial mismanagement and looting of church funds.
For their part, both Mr. Fleming and Paul Grand, the lawyer for Timothy Rigas, said the Rigases, rather than seeking short-term gains by misrepresenting Adelphia's financial health or looting the company, had spent their careers nurturing it.
Warren has compared predatory bankers and brokers to "financial wizards" who "loot from middle class families".
It is a scathing (and superb) takedown of the Wall Street financial establishment that looted the country during the bubble and precipitated the crash.
McKinnon is not accused of violence or drug trafficking or looting the financial system.
