Reply #15: But what has he done to fight the INSTITUTION of corporate greed and malfeasance? [View All]

[frazzled]

Individual court cases are not the issue here. I am asking about what he did, legislatively, to fight corporate greed and malfeasance? The insitution of corporate greed and malfeasance.

(Citing court cases is a little bit like saying, back in the 1950s, that you had some black friends while doing nothing to oppose the institutions of racism.)

I want to know what he has done besides rhetoric?

I really want to know why, if he is so opposed to corporate malfeasance and greed, he has not taken the minimal stand even of removing his $16 million (or whatever insane amount it is) from the Fortress hedge fund .... just even as a symbolic move to protest their tax-evasion in the Cayman Islands and their role in the subprime mess? This would be an easy step for him, to put his money where his mouth is, yet I am not aware that he has removed one penny from this fund.

Just today, in the Business section of the NY Times, there was an article about the obscene compensations that hedge-fund managers received this year (we're talking billions for individuals, not millions). Why has Mr. Edwards not removed his funds from such a hedge fund in protest of such practices?

Why has he not returned the $500,000 he earned while working for Fortress? He claims not to have known they were heavily investing in subprime investments during the time he was there, which means he probably did not take the time to even look at their investments, since it was a hefty portion of their holdings. Which means he didn't earn whatever they were paying him. Which means, as an act of good faith he should return it. (It's a drop in the bucket for him anyway).

I truly am befuddled why I can't, myself, point to a single real thing John Edwards has done that would lead me to believe that he could deal with this real problem of corporate greed and malfeasance. Standing in court or on the soapbox aren't enough for me. I need to see action, and I haven't.