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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (115360)6/14/2012 12:42:29 PM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
We can start with clawing back all of Jamie Dimon's and John Corzine's ill-gotten gains. Obama has the power to do that. Why is he not doing that? Why is John Corzine still a free man after stealing $2B? Why is Jamie Dimon getting a slap on the wrist after being propped up by the taxpayer and then turning around and completing going against the spirit of the Volcker Rule in the Frank-Dodd Act that has already been signed into law, and losing $2B in derivatives trading that were EXPRESSLY forbidden in the Act?

Obama is not serious about holding the Financial Industry to account. His words are great, but he does nothing. His actions are now speaking louder than his words.