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think

(11,641 posts)
20. Yes. I'm sure the SEC also sucked. Obviously we need people who aren't connected to Wall Street
Mon Apr 4, 2016, 11:35 AM
Apr 2016

in the government positions that effect it's regulation and policing.

Of course even when whistleblowers do the right thing they are ignored:


Secret tapes of Fed meetings on Goldman prompt call for U.S. hearings

By JONATHAN SPICER AND EMILY STEPHENSON - Fri Sep 26, 2014 6:18pm EDT

An influential U.S. senator wants to hold hearings into "disturbing" issues raised by secretly taped conversations between Federal Reserve supervisors and officials at Goldman Sachs Group Inc (GS.N), a bank the Fed was tasked with policing.

Elizabeth Warren, a Democrat on the Senate Banking Committee, on Friday called for hearings after portions of the recordings from 2011 and 2012 were made public. Fellow Democrat Sherrod Brown, also a committee member, called for a "full and thorough investigation" into the allegations they raised.

Carmen Segarra, a former New York Fed bank examiner who brought a wrongful termination lawsuit against her former employer, recorded the conversations and provided them to the investigative news outlet ProPublica and the public radio show "This American Life" to illustrate what she saw as an inappropriately close relationship between regulator and bank.

The tapes appear to show an unwillingness among some Fed supervisors to both demand specific information from Goldman about a transaction with Banco Santander and to strongly criticize what Segarra concluded was the lack of an appropriate conflict-of-interest policy at Goldman...

Read more:
http://www.reuters.com/article/us-usa-fed-whistleblower-idUSKCN0HL2F320140926

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OMG he went back to his old firm the horror. giftedgirl77 Apr 2016 #1
Eric Holder was soft on Wall Street bank crimes. He's going back to defend the very criminal banks think Apr 2016 #4
Maybe it's best that he didn't become a judge. Baitball Blogger Apr 2016 #12
Thank you for the laugh :) think Apr 2016 #14
In his defense, Holder did bust a number of state-licensed MMJ growers. Scuba Apr 2016 #2
That he certainly did... think Apr 2016 #7
You can ansolutely count on more of this shit with Clinton onecaliberal Apr 2016 #3
Yep. With many of the too big to fail banks paying her millions collectively in speaking fees think Apr 2016 #8
I try not to think of a Hillary cabinet FlatBaroque Apr 2016 #10
I agree, so many sickening things. Not the least of which people I thought cared about humanity onecaliberal Apr 2016 #13
You can ansolutely count on more of this shit with Clinton AlbertCat Apr 2016 #22
Uh huh, sends shivers alright.... onecaliberal Apr 2016 #23
Taibbi is shocked to hear there's a revolving door in Washington Blue_Tires Apr 2016 #5
The revolving door made a mockery of the justice system in regards to Holder's case. think Apr 2016 #6
We haven't had a descent one in decades. onecaliberal Apr 2016 #9
True. Yet there's this: CONVICTED: Bush 1300+, Clinton 1000+, Obama 0.0 (+/-) think Apr 2016 #11
Thank you for the links. onecaliberal Apr 2016 #15
Very welcome. Wish they were more positive. Hopefully in discussing it though & making people aware think Apr 2016 #16
It's one of the reasons people are so angry. Main Street lost everything and those onecaliberal Apr 2016 #17
That's for sure. Millions of Americans lost their jobs and/or homes in the last economic meltdown think Apr 2016 #18
And the SEC shenanigans didn't? Blue_Tires Apr 2016 #19
Yes. I'm sure the SEC also sucked. Obviously we need people who aren't connected to Wall Street think Apr 2016 #20
That's the paradox... Blue_Tires Apr 2016 #25
William K Black makes an excellent choice for AG. There has to be others of his caliber out there. think Apr 2016 #28
"Can't America do better than this?" gregcrawford Apr 2016 #21
Very valid points. And of course Hillary is opposed to Glass Steagall to the joy of those too big to think Apr 2016 #24
Apparently not!! I remember reading this article quite a while ago and feeling a helpless bjo59 Apr 2016 #26
He should be in prison yourpaljoey Apr 2016 #27
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