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Pharaoh

(8,209 posts)
Mon Mar 4, 2013, 06:00 PM Mar 2013

FBI 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

24 replies = new reply since forum marked as read
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FBI Warns Sequestration Will Hamper All Their Hard-Hitting Wall Street Investigations (Original Post) Pharaoh Mar 2013 OP
Even if the FBI investigates and finds Wall Street criminal activity Cali_Democrat Mar 2013 #1
Oh silly FBI, you think you are in charge!!! Rex Mar 2013 #2
LMFAO! L0oniX Mar 2013 #3
Seems like they've been anticipating The Sequester for 4+ years MannyGoldstein Mar 2013 #4
Hi! We're the FBI! Downtown Hound Mar 2013 #5
HI! We're the FB. dixiegrrrrl Mar 2013 #12
I LOLed kenny blankenship Mar 2013 #6
Pathetic. jsr Mar 2013 #7
so no impact whatsoever from the sequester. BainsBane Mar 2013 #8
ROFLMAO !!! - K & R !!! WillyT Mar 2013 #9
Now, that there is funny... 99Forever Mar 2013 #10
All three of their professorial wrist slappers to be laid off! Dragonfli Mar 2013 #11
Oh, dear. I guess they'll be reduced to applying whitewash by the quart instead of the gallon. winter is coming Mar 2013 #13
Dear Wall Street Fraudsters onethatcares Mar 2013 #14
0-0 obxhead Mar 2013 #15
IMO that seems like a bonus for the rethugs. jwirr Mar 2013 #16
Yeah pipoman Mar 2013 #17
Let me do the math here -- nothing into nothing, carry the nothing -- still nothing AtheistCrusader Mar 2013 #18
I'm sure the GOP is just CRUSHED over this. talkingmime Mar 2013 #19
What a joke. Maybe the next we'll hear from them is when the statute of limitations runs out. nt snappyturtle Mar 2013 #20
man, just when they were prepared to blow the whole case wide open frylock Mar 2013 #21
What hard hitting Wall St. investigations? Initech Mar 2013 #22
Sometimes, you see an Onion headline and at first you think it's real. Jim Lane Mar 2013 #23
There were investigations? davidthegnome Mar 2013 #24
 

Cali_Democrat

(30,439 posts)
1. Even if the FBI investigates and finds Wall Street criminal activity
Mon Mar 4, 2013, 06:02 PM
Mar 2013

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)
2. Oh silly FBI, you think you are in charge!!!
Mon Mar 4, 2013, 06:06 PM
Mar 2013

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)
4. Seems like they've been anticipating The Sequester for 4+ years
Mon Mar 4, 2013, 06:12 PM
Mar 2013

They cut back then to avoid cutting back now. Just like we need to do to steal strengthen Social Security.

That would explain this:

99Forever

(14,524 posts)
10. Now, that there is funny...
Mon Mar 4, 2013, 07:01 PM
Mar 2013

... 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)
11. All three of their professorial wrist slappers to be laid off!
Mon Mar 4, 2013, 07:15 PM
Mar 2013

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)
13. Oh, dear. I guess they'll be reduced to applying whitewash by the quart instead of the gallon.
Mon Mar 4, 2013, 07:20 PM
Mar 2013

Darn budget cuts.

onethatcares

(16,165 posts)
14. Dear Wall Street Fraudsters
Mon Mar 4, 2013, 07:26 PM
Mar 2013

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.

 

pipoman

(16,038 posts)
17. Yeah
Mon Mar 4, 2013, 08:22 PM
Mar 2013

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..

 

Jim Lane

(11,175 posts)
23. Sometimes, you see an Onion headline and at first you think it's real.
Mon Mar 4, 2013, 11:41 PM
Mar 2013

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)
24. There were investigations?
Tue Mar 5, 2013, 12:06 AM
Mar 2013

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.

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