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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (23655)8/17/2012 11:01:51 AM
From: Wharf Rat1 Recommendation  Read Replies (2) | Respond to of 85487
 
Haven't paid any attention to it.

There should be a lot of people on trial. Bernie Made Off is the scapegoat for any entire industry.

Not counting him, and maybe a few I don't know about, so far there are over 800 fewer prosecutions of the bad guys than there were in the smaller S&L scandal.

In the wake of that debacle, special government task forces referred 1,100 cases to prosecutors, resulting in more than 800 bank officials going to jail. Among the best-known: Charles H. Keating Jr., of Lincoln Savings and Loan in Arizona, and David Paul, of Centrust Bank in Florida
nytimes.com

Then, bad guys went to jail. Now, bad guys get multi-million dollar bonuses.

"Do you think that there is any connection to him being one of Obama's top bundlers"

No, I think the connection is his bigger one to everybody else on WS. If he was the only one with a pass, I'd say, "yes".