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Politics : The Obama - Clinton Disaster
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To: Wayners who wrote (52522)7/8/2011 4:24:33 PM
From: DuckTapeSunroof  Read Replies (1) of 103300
 
Is Justice More Than Blind?

Sam Antar, the former CFO of Crazy Eddie Inc., is a convicted felon and the author of the White Collar Fraud Blog. He knows a thing or two about fraud and he sees the modern era as a Golden Age for corporate crooks: "Our government is making it easier for criminals to commit white-collar crime. The Obama Administration is permitting the Justice Department and SEC to rely on internal investigations by suspected wrongdoers. Republican Congressman Darrell Issa wants to gut the SEC to make it completely ineffective in policing the capital markets. Republican Presidential hopeful Michelle Bachmann wants to completely repeal Dodd-Frank, so white-collar criminals will never have to worry about potential whistleblowers. Small cap companies have been exempted from certain internal control provisions of Sarbanes-Oxley. The Supreme Court has narrowed the definition of honest services fraud. New York City has ten times more cops than the SEC has employees and twice as many cops than Special Agents employed by the FBI. I should have been a criminal today, rather than in the 1980s. I could have avoided prosecution for my crimes. Maybe, it's time to end my retirement from white-collar crime?"....


"The Feds Are Drinking The Same Kool-Aid As Crazy Eddie's Former Auditors"
Sam Antar, White Collar Fraud

Read more: businessinsider.com
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