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


To: ChinuSFO who wrote (146089)9/29/2014 8:48:42 AM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
Really? How successful was he? Not at all, it turns out. He's done absolutely nothing to fix the root causes of the financial crisis. All the same players are doing exactly the same thing, only bigger this time around. Holder only threw magic fairy dust in the air. He didn't put a single criminal banker in jail. Fines were imposed, which were treated just as a cost of doing business, well within the cost benefit analysis the big banks work out in the realization that the fines are peanuts in comparison to the profits they make by breaking every law on the books. Holder is a disease and I'm glad he leaving, but I'm sure the next AG will be just as pitifully inadequate to the task. Obama doesn't want to enforce the law. That is the root cause of the problem in the Department of Justice.

Big Banks Manipulated $21 Trillion Dollar Market for Credit Default Swaps
by Washingtons Blog - September 29th, 2014, 1:30am