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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Cactus Jack who wrote (403307)4/22/2010 11:33:53 AM
From: Box-By-The-Riviera™1 Recommendation  Read Replies (3) of 436258
 
well, that the GS story is being used as a political tool without changing one iota about what is rotten, is very true. and that the charges are so weak is also true and that the same agency on the same day releases its report on the stanford fiasco, of which, the sec's own enforcement official ends up working for stanford before the whole thing unraveled.

i don't see anyone at sec being charged with anything.

so in relative terms:

as to his love for GS: i suppose you don't get invited back if you shit on the floor of the house of your hosts. though i don't really think he's that much of an opportunist, nor does he need to be. in essence, what he said is probably pretty true relative to the entire scum lots on wall street, london, HK or anywhere else. the whole business is filthy.

why not prosecute the politicians that allowed fannie and freddie to underwrite loans to people who clearly could not afford them, and who knew it when they signed up for the free lunch.

every single person involved in the food chain of all this with few exceptions, is as guilty as the next all the way to the top of governments world wide.

but "we" are paying for it. that's the rub, if ever there was one.
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