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Old 12-06-2011, 02:07 PM
 
Location: Near the water
8,237 posts, read 13,469,570 times
Reputation: 3899

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As citizens of this nation this should anger you and make you want to demand the scum have to own up.

It is lengthy, but it is very informative and while I am not a huge fan 60 minutes, this piece was well done. (as all in this series have been) Steve Croft has done his homework on this.



Prosecuting Wall Street - CBS News
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Old 12-06-2011, 02:08 PM
 
4,255 posts, read 3,470,404 times
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So 60 minutes is credable on this peice but not the medicaid fraud peice right?
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Old 12-06-2011, 02:11 PM
 
Location: Chicagoland
41,325 posts, read 44,836,395 times
Reputation: 7118
Quote:
Originally Posted by Chromekitty View Post
As citizens of this nation this should anger you and make you want to demand the scum have to own up.

It is lengthy, but it is very informative and while I am not a huge fan 60 minutes, this piece was well done. (as all in this series have been) Steve Croft has done his homework on this.



Prosecuting Wall Street - CBS News
Not really. In the 60 minutes piece, he focuses on Pelosi and 4 republicans I believe, when in FACT, the source book details 70-80% of the scum are democrats behaving badly.

See how the liberal media "slants" a story?
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Old 12-06-2011, 02:39 PM
 
Location: Near the water
8,237 posts, read 13,469,570 times
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Quote:
Originally Posted by waterboy7375 View Post
So 60 minutes is credable on this peice but not the medicaid fraud peice right?

This is not about medicaid.
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Old 12-06-2011, 02:40 PM
 
Location: Near the water
8,237 posts, read 13,469,570 times
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Quote:
Originally Posted by sanrene View Post
Not really. In the 60 minutes piece, he focuses on Pelosi and 4 republicans I believe, when in FACT, the source book details 70-80% of the scum are democrats behaving badly.

See how the liberal media "slants" a story?
You are confusing this story with the "insider trading story" that was also done well. This is not partisan at all. That is why you people get nothing accomplished, playground whining tactics. Sad.
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Old 12-06-2011, 04:49 PM
 
3,598 posts, read 4,935,595 times
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Sanrene, please look at the topic you're posting about before you speak. It's embarrassing. This is NOT that 60 Minutes story you are referring to!
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Old 12-06-2011, 05:01 PM
 
4,019 posts, read 3,936,614 times
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Quote:
Originally Posted by Chromekitty View Post
You are confusing this story with the "insider trading story" that was also done well. This is not partisan at all. That is why you people get nothing accomplished, playground whining tactics. Sad.

Only ones who should be whining are the banker scum who work on Wall Street and their accomplices in DC.
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Old 12-06-2011, 05:35 PM
 
Location: Chicagoland
41,325 posts, read 44,836,395 times
Reputation: 7118
Pardon me.....

Countrywide...Friends of Angelo, Chris Dodd - how did he escape criminal charges?

Why didn't the DOJ get involved?

Quote:
Why has the Justice Department failed to go after mortgage fraud inside Countrywide? There has not been a single prosecution. Even more puzzling is the Justice Department's reluctance to employ one of its most powerful legal weapons against Countrywide's top executives. It's called the Sarbanes Oxley Act of 2002.
A good question.

Skimmed the interview text.

See how they slant the story? Not one mention of Chris Dodd, Conrad. They like to leave out little facts like this, when in fact those facts are part and parcel of the corruption and apparent criminal behavior at Countrywide.

Last edited by sanrene; 12-06-2011 at 05:46 PM..
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Old 12-06-2011, 09:05 PM
 
Location: Old Town Alexandria
14,496 posts, read 26,535,355 times
Reputation: 8966
Quote:
Originally Posted by Chromekitty View Post
You are confusing this story with the "insider trading story" that was also done well. This is not partisan at all. That is why you people get nothing accomplished, playground whining tactics. Sad.
Thanks OP. Excellent article here as well.

dailybail.com/home/holy-bailout-federal-reserve-now-backstopping-75-trillion-of.html

michael-hudson.com has excellent FACTUAL info re: junk economics and derivatives fraud committed by Wall Street.
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Old 12-06-2011, 09:23 PM
 
Location: Beautiful Niagara Falls ON.
10,016 posts, read 12,538,656 times
Reputation: 9030
The USA justice department specializes in getting the really big offenders like Martha Stewart and Conrad Black.

I really don't know just how bad a crime these masters of the universe could commit without any problems whatsoever?
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