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And meanwhile, the powers that be have all of us so at each others throats that the American people are not rising up and DEMANDING that something be done. Divide and conquere.
Very solid point, look at the beginning of this thread a couple of partisans jumped and pointed the finger at the other side. You are right the people are divided and conquered much to the banksters delight. What the partisans from either side close their eyes too is the banksters control both parties,look at the Bush administration {banksters in key positions} look at Obama he surrounded himself with the banksters.
Location: Somewhere gray and damp, close to the West Coast
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Quote:
Originally Posted by freezengirl
And meanwhile, the powers that be have all of us so at each others throats that the American people are not rising up and DEMANDING that something be done. Divide and conquere.
and meanwhile, the powers that be have all of us so at each others throats that the american people are not rising up and demanding that something be done. Divide and conquere.
The systematic lack of regulation has left even the country's top regulators frustrated. Lynn Turner, a former chief accountant for the SEC, laughs darkly at the idea that the criminal justice system is broken when it comes to Wall Street. "I think you've got a wrong assumption - that we even have a law-enforcement agency when it comes to Wall Street," he says.
Quote:
Originally Posted by grimace8
But the SEC wants more money. Hmm.
Pls check your direct message box
Ah yes, Lynn Turner. A former PwC partner who went to the SEC because he couldn't hack it at PwC. He was out of his depth before he even got there.
The deal looked like a classic case of insider trading. But in the summer of 2005, when Aguirre told his boss he planned to interview Mack, things started getting weird. His boss told him the case wasn't likely to fly, explaining that Mack had "powerful political connections." (The investment banker had been a fundraising "Ranger" for George Bush in 2004, and would go on to be a key backer of Hillary Clinton in 2008.)
Aguirre also started to feel pressure from Morgan Stanley, which was in the process of trying to rehire Mack as CEO. At first, Aguirre was contacted by the bank's regulatory liaison, Eric Dinallo, a former top aide to Eliot Spitzer. But it didn't take long for Morgan Stanley to work its way up the SEC chain of command. Within three days, another of the firm's lawyers, Mary Jo White, was on the phone with the SEC's director of enforcement. In a shocking move that was later singled out by Senate investigators, the director actually appeared to reassure White, dismissing the case against Mack as "smoke" rather than "fire." White, incidentally, was herself the former U.S. attorney of the Southern District of New York — one of the top cops on Wall Street.
So after all that has happened, they put this cockroach in the SEC?
How stupid is that? Oh, that is right, she was not put there to regulate anything, but to watch over the too big to fail banks.
These people absolutely disgust me.
I hope there is a Hell for people like these to burn in.
Pause for a minute to take this in. Aguirre, an SEC foot soldier, is trying to interview a major Wall Street executive — not handcuff the guy or impound his yacht, mind you, just talk to him. In the course of doing so, he finds out that his target's firm is being represented not only by Eliot Spitzer's former top aide, but by the former U.S. attorney overseeing Wall Street, who is going four levels over his head to speak directly to the chief of the SEC's enforcement division — not Aguirre's boss, but his boss's boss's boss's boss. Mack himself, meanwhile, was being represented by Gary Lynch, a former SEC director of enforcement.
That would be Mary Jo White, going 4 levels over his head to get Aguirre fired because he was doing his job.
Exactly why I supported Occupy. All of them might not of known exactly what was going on, or how they should handle it, but at least they did SOMETHING.
Yeah, I don't know how old Barney Frank isn't doing hard time.
His Boyfriend has protected his backside....
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You got that right!
