General Discussion

hifiguy

(33,688 posts)

61. Prosecutions of Wall Street financial crimes are at

Fri Dec 30, 2011, 12:34 PM

Dec 2011

a much lower level than then were even in the Boosh years, as has been repeatedly noted here on DU. Tom Petters, FYI, was a local Minnesota scam artist. He was not a player in the bank meltdowns of the Great Implosion of 2008. All the people responsible for that are still ensconsed in their mansions or penthouses and are now counting their annual bonuses. Some people's kids, I tell ya....

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Wall Street Crimes: President Obama is "effectively encouraging future financial fraud" [View all] Better Believe It Dec 2011 OP

I ProSense Dec 2011 #1

The "massive re-regulation" is ignored because it's mainly in your fantasy. JackRiddler Dec 2011 #3

Sure ProSense Dec 2011 #5

There's a difference between regulations and criminal law MFrohike Dec 2011 #49

pffffttttt.... SidDithers Dec 2011 #2

here we go again. la-dee-da. Whisp Dec 2011 #4

Maybe if the bankers would become whistleblowers, the Justice Dept would go after them. Karmadillo Dec 2011 #6

Or ProSense Dec 2011 #7

Or Karmadillo Dec 2011 #10

Or ProSense Dec 2011 #12

Or Karmadillo Dec 2011 #15

What ProSense Dec 2011 #19

What Karmadillo Dec 2011 #21

. ProSense Dec 2011 #28

. Karmadillo Dec 2011 #29

. ProSense Dec 2011 #30

Stop! Rex Dec 2011 #42

Or if they smoke a doobie. SfromCanada Dec 2011 #58

Obama. Baaaad!!11 tridim Dec 2011 #8

HA!!!! Rex Dec 2011 #43

Oustanding!!!! JoePhilly Dec 2011 #59

Why han't the Republican majority in the House dealt with this? Old and In the Way Dec 2011 #9

I acknowledge your persistent and unending personal attacks on DU'ers with a nice big ignore! Better Believe It Dec 2011 #11

Good one...see yeah! Old and In the Way Dec 2011 #14

"your tireless efforts to undermine Obama's re-election on this board. " girl gone mad Dec 2011 #16

No problem. Old and In the Way Dec 2011 #20

Oh the drama!!11! girl gone mad Dec 2011 #23

The "smartest guy on the hill" sounds like an asshat bhikkhu Dec 2011 #13

A good place to start would have been reinstating Glass-Steagall dflprincess Dec 2011 #17

The Dodd-Frank Bill is stronger in many ways than Glass-Steagall bhikkhu Dec 2011 #22

Dodd-Frank does not separate investment from commercial banking as Glass-Steagall did dflprincess Dec 2011 #26

oh bullshit - Dodd Frank is much stronger - it handles banned from Kos Dec 2011 #27

The article I linked to & quoted was not written by Matt Taibbi dflprincess Dec 2011 #31

What do you think of the Volker Rule in that context? bhikkhu Dec 2011 #36

Interesting dflprincess Dec 2011 #37

LMFAO.. yeah D/F would be much stronger SomethingFishy Dec 2011 #32

Thanks for the article - I hadn't seen that bhikkhu Dec 2011 #34

Your wikipedia link isn't working. And please read "Blowing a Hole in Dodd-Frank" Better Believe It Dec 2011 #18

...and a newer article about how that ended up working out: bhikkhu Dec 2011 #24

Matt Taibbi - Jackass, Tampon, and Mental Midget - but Rolling Stone pays him banned from Kos Dec 2011 #25

And you have no facts to refute him so SomethingFishy Dec 2011 #33

That's obviously his best and only shot! Better Believe It Dec 2011 #35

He had no facts to refute treestar Dec 2011 #46

LOL - not all of us here are above the age of 21, lol. closeupready Dec 2011 #48

That is pathetic. hifiguy Dec 2011 #60

"no prosecutions"... boppers Dec 2011 #38

The Wall Street bankstars are whining everyday about all their pals who are going to prison. Better Believe It Dec 2011 #39

Goalposts: boppers Dec 2011 #52

Prosecutions of Wall Street financial crimes are at hifiguy Dec 2011 #61

And goal posts again: "a much lower level" boppers Dec 2011 #63

+1...nt SidDithers Dec 2011 #44

du rec. nt xchrom Dec 2011 #40

Kick Better Believe It Dec 2011 #41

If something is not illegal, it can't be prosecuted treestar Dec 2011 #45

Sorry, but fraud is still illegal. girl gone mad Dec 2011 #50

Fraud is illegal, but requires proof treestar Dec 2011 #55

Just keep shifting the goal posts. girl gone mad Dec 2011 #62

Yes, because if there is no deterrent to stealing big money, closeupready Dec 2011 #47

Obviously true. Quantess Dec 2011 #51

I don't remember Obama using the phrase "not illegal", which is cited as a direct quote in the OP. Nye Bevan Dec 2011 #53

Here you go . . . gratuitous Dec 2011 #54

Do you normally remember every word or phrase President Obama utters? Better Believe It Dec 2011 #57

Recommended Autumn Dec 2011 #56