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Spitfire of ATJ

(32,723 posts)

25. The Right still claims it was Barney Frank and Nancy Pelosi that cause the collapse...

Thu Sep 25, 2014, 05:05 PM

Sep 2014

They claim the fact that the banksters weren't prosecuted is proof they did nothing wrong.

Then they claim the poor banks were FORCED to sell homes to "coloreds" and that was the reason for the collapse.

Then they claim it's proof the Dems don't know what they're doing, "blah, blah, blah, yea Capitalism, blah."

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Not prosecuting any of the Wall Street criminals was a big failure. [View all] cali Sep 2014 OP

On the contrary--his first major accomplishment. nt Romulox Sep 2014 #1

It was part of the deal or agreements Ichingcarpenter Sep 2014 #71

Recommended. H2O Man Sep 2014 #2

and we will continue- long into the future- to pay a steep price for Holder's failure cali Sep 2014 #3

How would sending a wall street executive have ... 1StrongBlackMan Sep 2014 #10

We wouldn't be right back in the same situation now with even BIGGER banks Fearless Sep 2014 #11

I beg to differ ... 1StrongBlackMan Sep 2014 #13

It would have been political suicide to continue to weaken laws if we were sending them to prison. Fearless Sep 2014 #17

Wait ... 1StrongBlackMan Sep 2014 #20

The laws were weakened further after 2008 instead of fixed. Fearless Sep 2014 #29

Are you suggesting that Frank Dodd weaken wall street regulation? eom. 1StrongBlackMan Sep 2014 #33

I am stating the fact that the too big to fail banks are larger now than before the crash. Fearless Sep 2014 #43

And now the too big to fail banks ... 1StrongBlackMan Sep 2014 #45

Oh really? Bookmarking. We'll talk in a few years. Fearless Sep 2014 #46

Or you can read the Act. eom. 1StrongBlackMan Sep 2014 #54

Watch this... Regarding Dodd-Frank and "Living Wills" Fearless Oct 2014 #73

I saw that before ... 1StrongBlackMan Oct 2014 #74

It is generally called Dodd Frank.. sendero Sep 2014 #61

You are correct regarding the Act's title ... 1StrongBlackMan Sep 2014 #63

I would agree with that... sendero Sep 2014 #64

Unfortunately, that remains to be seen ... 1StrongBlackMan Sep 2014 #66

7...I think it was 7 bank execs that did commit suicide....not the metaphorical political suicide Sheepshank Sep 2014 #60

Bullshit hueymahl Sep 2014 #58

isn't one of the major purposes behind criminal justice cali Sep 2014 #15

Jailing an individual for what is ... 1StrongBlackMan Sep 2014 #18

take the profit out of it, sure, but shouldn't people who have so flagrantly committed cali Sep 2014 #23

Ok, let's throw one in prison for, say, 4 years. jeff47 Sep 2014 #27

By purging them from the banking industry it WILL help down the road... cascadiance Sep 2014 #16

It would deter future crimes AgingAmerican Sep 2014 #24

Debt 1% of GDP wowzer .. Lenomsky Sep 2014 #42

I see your point. Only peons have to pay the price for committing crimes. Holder walks with the rhett o rick Sep 2014 #47

+1 NealK Sep 2014 #50

Holder was with out a doubt the Wellstone ruled Sep 2014 #4

The fix was certainly in. Enthusiast Sep 2014 #7

Yeah, we got our noses rubbed into someone elses pile of shit. Rex Sep 2014 #5

But, Cali, prosecuting Wall Street criminals could damage the economy. Enthusiast Sep 2014 #6

All of this is intentional. Just the way it will be for our lifetimes. truedelphi Sep 2014 #8

That Marc Rich... sendero Sep 2014 #62

Carl Sagan put it verysuccinctly: truedelphi Sep 2014 #70

That is why Wall St. criminals always looking at bank robbers as bunch of plebeian amaeturs. TRoN33 Sep 2014 #9

That's 100% correct el_bryanto Sep 2014 #12

"Stress Test" in which the Treasury Secretary saved the banks on the jtuck004 Sep 2014 #14

Not having honest Wall Street bankers and brokers is the big FAIL. Give it a rest and be kelliekat44 Sep 2014 #19

wow. that's just... lame. cali Sep 2014 #22

+1 NealK Sep 2014 #51

besides showing the one percent that they can do anything they want with no Doctor_J Sep 2014 #21

The Right still claims it was Barney Frank and Nancy Pelosi that cause the collapse... Spitfire of ATJ Sep 2014 #25

"Failure" implies that there was ever intent to do otherwise YoungDemCA Sep 2014 #26

the Correct Terminology is "Criminal Dereliction of Duty" Demeter Sep 2014 #37

Not just a failure...it caused a major weakening of the public's faith in the justice system CanonRay Sep 2014 #28

I think of the Enron deal... freebrew Sep 2014 #56

There is no question that the Republican vitriole was race based. FlatStanley Sep 2014 #30

K/R Jack Rabbit Sep 2014 #31

Grievous decision (or lack thereof). nt silvershadow Sep 2014 #32

Not having a legal framwork to prosecute Wall Street traders was the bigger issue. MohRokTah Sep 2014 #34

you didn't even read the op. n/t cali Sep 2014 #40

I don't even know where to start with that kind of statement hueymahl Sep 2014 #59

Fraud Is Fraud colsohlibgal Sep 2014 #35

According to some posters on this thread, laundering drug money was not illegal. Weird. Scuba Sep 2014 #36

but very with the fashion....legality, American style, 21st century. Demeter Sep 2014 #38

If the financial elite do it it's okay. If one of the 99% do it, lock em up for corporate profits. stillwaiting Sep 2014 #53

There is a fix for that bobduca Sep 2014 #55

Business Insider - The Real Story Of How 'Untouchable' Wall Street Execs Avoided Prosecution IDemo Sep 2014 #39

i agree. nt seabeyond Sep 2014 #41

holder brokered the marc rich pardon. he knows which his bread his buttered on. KG Sep 2014 #44

Also, the problem is the execs didn't care if they caused the banks' ruin, cui bono Sep 2014 #48

Not prosecuting the Wall Street criminals was a CRIME!!! blkmusclmachine Sep 2014 #49

Agreed Sherman A1 Sep 2014 #52

The laws were weakened making what they did not a crime. Turbineguy Sep 2014 #57

seriously? cali Sep 2014 #65

. stonecutter357 Sep 2014 #67

More than a failure Man from Pickens Sep 2014 #68

A very, very costly one, we will eventually learn. n/t Orsino Sep 2014 #69

kick woo me with science Sep 2014 #72