Why Weren't Any Banker's Prosecuted for Financial Meltdown?

[WTF]

Originally Posted by CuteOldGuy

Did they disappear, FastGoon, or just get absorbed into an even larger bank? You will go to any length to protect Obama and his cronies, won't you? Even to the point of refusing to prosecute. Amazing.

COG, I agree with you, many of these fuckers should be in jail.

Anybody that has read even a small amount about what went down would agree. Well not the bankers!

Mitt is amongist that crew. They have ruined the county from my POV. Obama should be kicked in the nuts for not going after them. Bush should be too! The system is set up where politicians have to bow to the Fed. They have been transfering wealth from the average joe to a select few for the last thirty years...Damn shame.


Btw, has a sane person stolen COG computer?

[Fast Gunn]

You could at least sound half-assed intelligent if you could only keep your facts, straight, old geezer.

President Obama is not the topic of discussion here, okay?

It was the financial institute that fucked up so badly with their incredible greed and they dug a hole so deep that they could not be salvaged.

As President of the entire country, President Obama's primary focus was on salvaging as much of the whole US economy and he did so by selecting those industries that were vital to the entire country.

The list of companies that went belly up were not really producing anything of value and they were duly sacrificed. Refer to the link that I posted previously to show you the full extent of the carnage.

. . . As the old saying goes, Christianity without hell is like Capitalism without bankruptcy.

Originally Posted by CuteOldGuy

Did they disappear, Fast Gunn, or just get absorbed into an even larger bank? You will go to any length to protect Obama and his cronies, won't you? Even to the point of refusing to prosecute. Amazing.

[icuminpeace]

You guys know why they didn't prosecute the banks? Because it's legal for them to create special purpose entities to move their risky assets to those special purpose entities and keep them off their balance sheets. I guess our fine legislators are OK with those games since they haven't changed the laws, just added more regulations for everyone to find a loophole.

The whole financial system in the United States is a house of cards and will come tumbling down any moment. The days of doing the right thing and being proud to do so have been left behind.

[CuteOldGuy]

FastGoon, I'm suspicious. Are you, in fact, Jay Carney? He's the only other person in the world that says as stupid things about Obama's purity as you.

Come to think of it, I've never seen you two together.

Hmmmm . . . I wonder . . .

[joe bloe]

Originally Posted by ekim008

Have a big cup of fuck you Dad was a banker,,,,,,,,

Yea right, like you ever met your dad.

[I B Hankering]

"President Obama has talked a tough game about holding Wall Street accountable and defending the middle class, but his administration has actually done very little to prosecute even the worst offenders."

"Virtually every day, the Obama campaign tries to cast his opponent as some type of modern day robber baron. Gov. Mitt Romney's clear success in the private sector is a threat to President Barack Obama's attempt to sell the American public on another four years of dismal economic performance. Yet, when it comes to raising money for his own campaign, the president doesn't seem to blink about the source.
Case in point: former New Jersey Gov. Jon Corzine.
Corzine, the disgraced former CEO of MF Global, continues to aid the Obama campaign as a "bundler": a well-connected person who shakes down their moneyed friends for donations. To date, it appears that he has raised $897,232 for the cause. . . .
Being somebody who was once individually worth half of a billion dollars and used to be the governor of a densely-populated U.S. state gives you some clout. It also helps that MF Global was a client of a law firm that used to employ Attorney General Eric Holder and several other current Department of Justice employees, and that its bankruptcy proceedings are being overseen by another crony capitalist connection. Now, it is a fact of D.C. life that high-ranking political appointees at executive branch agencies and departments eventually want to return to their more-lucrative private sector jobs. That challenge becomes more difficult if they come out hard against former clients. The fact that Corzine has directed millions at Obama's two presidential campaigns can't hurt either. So in all reality, there will be few consequences other than personal humiliation for the people who somehow lost track of $1.2 billion in shady accounting scheme.
President Obama has talked a tough game about holding Wall Street accountable and defending the middle class, but his administration has actually done very little to prosecute even the worst offenders. Financial fraud prosecutions are down 39 percent since the Enron and Worldcom scandals, hitting 20-year lows. During similar crises, such as the S&L scandal in the early 1990s, thousands of prosecutions were brought against the financial industry."

http://www.usnews.com/opinion/blogs/...onor-hypocrisy

[i'va biggen]

Originally Posted by joe bloe

Yea right, like you ever met your dad.

you are a mean cocksucker joe. I bet it is confusion in your neighborhood on fathers day.

[joe bloe]

Looks like I touched a nerve.

[i'va biggen]

No I knew him well

[Guest050715-1]

Originally Posted by ekim008

Have a big cup of fuck you Dad was a banker,,,,,,,,

Working for a bank, even being the CEO/COB of a "local" style bank isn't being a "Banker". We're talking about at the very least executive level officers of large, multi-billion dollar asset mid-level banks and specifically Wall Street, commercial investment banks not the First National Bank of Deadwood.

[i'va biggen]

Originally Posted by OliviaHoward

Working for a bank, even being the CEO/COB of a "local" style bank isn't being a "Banker". We're talking about at the very least executive level officers of large, multi-billion dollar asset mid-level banks and specifically Wall Street, commercial investment banks not the First National Bank of Deadwood.

go play with your dildo I will not disclose anymore on a hooker board,you and blow have no knowledge .....

[Guest050715-1]

Originally Posted by ekim008

go play with your dildo I will not disclose anymore on a hooker board,you and blow have no knowledge .....

Neither do you. I don't care for dildos and I absolutely detest vibrators. I don't need them, because unlike your wife, I actually like sex.

The chances that your daddy was a "Banker" are slim to none. But on the off chance he was a multimillionaire, power-brokering fat cat, that explains a lot. A lot of trust fund babies have significant guilt about their social position and wealth. But, alas, the always keep the money, the trophy wife and the River Oaks Country Club membership.

[CJ7]

all the nonsense aside, the above conversation is absolute proof, beyond a shadow of a doubt, banking regulations ARE NOT NEEDED.


snick~



House Financial Services Committee Chairman’s Spencer Bachus’ (R-AL) philosophy that Washington’s role is to “serve the banks.”


well, how Republican of Mr Bachus

lol

[CuteOldGuy]

I hope Mr. Bachus is voted out this time.

[CJ7]

Originally Posted by CuteOldGuy

I hope Mr. Bachus is voted out this time.

hes been in the rank and file since 1993, apparently he has enough Olivias and whirlies kissing his ass to keep the office, I wouldnt count on him going anywhere .... as musch as I agree with you