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rudycantfail

(300 posts)
28. And what everybody in the field of gekko finance knows is
Sat Feb 11, 2012, 10:25 AM
Feb 2012

that this practice is booming at the same time that the resources to investigate this behavior have been drastically cut. The old regulatory agencies like the SEC are captured. It pays huge and there is little risk, so the cycle continues. The lawyers love it because they're making a killing and all the players involved put a portion of their profits back into bribing the politicians, which is the best investment they could possibly make. It should be highly organized crime but they've made it legal. Capone controlled his fiefdom in Chicago but he didn't own the feds. Wall Street has bribed the highest authority there is. There's no one to appeal to but the people. But that's a tall task when even on this this forum, it seems like a majority must wait for the president to sound the alarm to take action before they're concerned. And we keep waiting.

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A law professor who knows the law...I'm missing something. MrCoffee Feb 2012 #1
Jon's thesis at the beginning of his spiel on the Bain Corporation is that truedelphi Feb 2012 #2
Yeah, this is nothing new Blue_Tires Feb 2012 #9
Right you are. And the mention of Carl truedelphi Feb 2012 #21
K & R lonestarnot Feb 2012 #13
It's the message he's giving. progressoid Feb 2012 #4
Thank you for taking the time and providing the links. truedelphi Feb 2012 #5
It's an example of "testing the limits." immoderate Feb 2012 #3
But when you think about it, it warrants investigation. Capitalocracy Feb 2012 #14
Is that illegal? immoderate Feb 2012 #19
And what everybody in the field of gekko finance knows is rudycantfail Feb 2012 #28
"Legal" has nothing to do with "moral" or "ethical." eom tledford Feb 2012 #6
I fully understand that. But it is high time truedelphi Feb 2012 #7
I'm guessing last night was a repeat, Jon's off this week. You won't find a Feb 8th at ComCen eithe Lionessa Feb 2012 #8
Yep, I saw that. Good stuff. nt Guy Whitey Corngood Feb 2012 #10
Thank you Lionessa. My cable TV provider did truedelphi Feb 2012 #12
When the Daily Show comes on, if they skip the date at the opening of the show, it usually means HipChick Feb 2012 #15
Very good to know. Sometimes it is obvious - truedelphi Feb 2012 #30
I DVR everything... HipChick Feb 2012 #31
Kick LongTomH Feb 2012 #11
Bain Capital = legalized theft. Initech Feb 2012 #16
Same here, Initech. truedelphi Feb 2012 #22
Jon had they guy at every turn KT2000 Feb 2012 #17
I like to call Bain Capital and other private equity firms "Corporation Flippers." Selatius Feb 2012 #18
Interesting term. I like it. truedelphi Feb 2012 #20
Stewart's on vacation this week taterguy Feb 2012 #23
It's a nice life, ain't it? truedelphi Feb 2012 #24
I saw the episode on the facebook page last week. Quantess Feb 2012 #32
It's a COMEDY show...not a news outlet. Zax2me Feb 2012 #25
Actually Daily Show and Colbert viewers are vastly more informed than Fox News/MSM viewers underpants Feb 2012 #26
Thanks for posting this study from the Pew Research People truedelphi Feb 2012 #29
I watched that one Joey Liberal Feb 2012 #27
Latest Discussions»General Discussion»Jon Stewart's guest last ...»Reply #28