Black People : U.S. Securities and Exchange Commission destroyed records of thousands of investigations

Discussion in 'Black People Open Forum' started by Writeous1, Aug 23, 2011.

  1. Writeous1

    Writeous1 Well-Known Member MEMBER

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    Covering Up Wall Street Crimes: Matt Taibbi Exposes How SEC Shredded Thousands of Investigations

    http://www.democracynow.org/2011/8/23/covering_up_wall_street_crimes_matt

    "An explosive new report in Rolling Stone magazine exposes how the U.S. Securities and Exchange Commission destroyed records of thousands of investigations, whitewashing the files of some of the nation’s largest banks and hedge funds, including AIG, Wells Fargo, Lehman Brothers, Goldman Sachs, Bank of America and top Wall Street broker Bernard Madoff."
     
  2. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    When you do business with thieves, expect to be stolen from ....
     
  3. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

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    the conservatives wanted less regulation……they got it
     
  4. Writeous1

    Writeous1 Well-Known Member MEMBER

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    What more do people need in order to realize that the government is not on their side.
     
  5. Gorilla

    Gorilla Well-Known Member MEMBER

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    "Libertarians" want even less of it.
     
  6. Ankhur

    Ankhur Well-Known Member MEMBER

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    I thought they were the ones that wanted to end the Federal Reserve? and put real regulations on Wall street?
     
  7. Shikamaru

    Shikamaru Well-Known Member MEMBER

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    Neither are corporations.
    Everyone is looking out for their own interests.
     
  8. Gorilla

    Gorilla Well-Known Member MEMBER

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    They want to gut regulations even more. On one hand it'd be nice to see corporate welfare scraped away, but on the other hand it's still deregulation / free market ideology that still never works out.
     
  9. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

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    revolution……..
     
  10. Writeous1

    Writeous1 Well-Known Member MEMBER

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    There will be.
     
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