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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFBI Warns Sequestration Will Hamper All Their Hard-Hitting Wall Street Investigations
yeah right! really? you guys sure have been hammering Wall street all along
WASHINGTON -- More than four years after the financial crisis, not a single Wall Street executive has been jailed for playing a role in the creation of the toxic financial products that fueled the real-estate bubble, which were in some cases designed simply to fail.
That track record may make it difficult for the Department of Justice to earn the sympathy of the public as it warns that spending cuts will hamper its ability to investigate Wall Street fraud. The Federal Bureau of Investigations told lawmakers in a recent letter that across-the-board cuts resulting from sequestration "will cause current financial crimes investigations to slow as workload is spread among a reduced workforce. In some instances, such delays could affect the timely interviews of witnesses and collection of evidence."
http://www.huffingtonpost.com/2013/03/04/fbi-sequestration-wall-street_n_2807338.html
Cali_Democrat
(30,439 posts)the bankers don't have to worry about prosecution.
Of course the FBI will put its resources to good use by going after pot smokers.
Rex
(65,616 posts)How cute! At least their excuse is just slightly less lame then their actual 'investigations' into their pay masters lives! The JD works for the elite. Not a surprise the FBI will carry the water of the uber-rich. Disappointing, but not a surprise in the least bit.
MannyGoldstein
(34,589 posts)They cut back then to avoid cutting back now. Just like we need to do to steal strengthen Social Security.
That would explain this:
Downtown Hound
(12,618 posts)And we have an absolutely GREAT sense of humor!
dixiegrrrrl
(60,010 posts)We can't afford I.
kenny blankenship
(15,689 posts)BainsBane
(53,026 posts)WillyT
(72,631 posts)What kidders...
99Forever
(14,524 posts)... I don't care who you are!
Besides, President Obama already said they didn't break any laws.
So pipe down, he's got this.
Dragonfli
(10,622 posts)The Wall St fraud division may even have to give up the broom closet they were given as an office. Damn!!
winter is coming
(11,785 posts)Darn budget cuts.
onethatcares
(16,165 posts)We would like to take this moment to inform you we will no longer be looking at anything in your records thanks to a great excuse.
Please feel free to continue.
Cordially,
Whoever the top fbi guy is at this time.
is still zero.
FFS.
jwirr
(39,215 posts)and that 2% of the thousands of people who phone them to say, "I'm a felon actively trying to buy a gun, and I just signed that I'm not a felon under penalty of perjury on a federal document", who are ever investigated..
AtheistCrusader
(33,982 posts)-Jane Cobb
talkingmime
(2,173 posts)snappyturtle
(14,656 posts)frylock
(34,825 posts)Initech
(100,054 posts)Jim Lane
(11,175 posts)This time, I saw what's evidently a real headline and at first I thought it was The Onion.
Tough times for satirists.
davidthegnome
(2,983 posts)Seriously, like, maybe there should be something to show for them. A conviction, an accusation... a trial... something.
Those poor bastards are going to have to sell Hoover's dress collection now. Or maybe they could just stop pretending there's actually any real investigating.