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

To: tejek who wrote (146956)	11/11/2014 1:09:29 PM
From: koan	Read Replies (2) \| Respond to of 149317

A law degree. Are you kidding? One doesn't need a law degree to know people who commit fraud go to jail. corporation or no corporation. I am not a scientist either but I believe in global warming. I have a real estate license and a masters degre in administration with many law courses. I know what fraud is. When the law has evidence a person has committed fraud the corporate veil doesn't help one bit. Matt Taibbi and others have all said their is a mountain of evidence to show the guilty bankers. Including tapes. Do you really think a person who has committed fraud can hide behind a corporation. Are you forgetting about the S and L crises when hundreds went to jail or about Enron? The corporate veil didn't save them! Eric Holder didn't prosecute because Obama didn't want to take on the banks. Geithner has said as much. He said he was afraid it would be too disruptive. But that is an excuse. Geithner was in bed with the banks, and watch him get a big fat job with the banks soon! Richard Wolff who authored two books on Obama: The making of a president and Renegade said: When Obama was running against Hillary he ran and outside game, and when he got elected he ran an inside game (that meant schmoozing rather than fighting, not fighting). en.wikipedia.org As mentioned Michael Lewis reported Obama TOLD the banks I am here to "protect you from the public". Don't you know what that means? Obama should also have split the banks up when he was elected. They are more powerful and dangerous now than in 08. But he didn't want the fight. That is also why he didn't use Stiglitz or Krugamn, they would have pushed to break up the banks. So in your mind we can never prosecute people inside corporations. What kind of a country would that be if that were true. That is not true. Ask any lawyer. << They had plenty of evidence to prosecute bankers. Hundreds went to jail during the S and L crises. I suggest you read what independent attorneys were saying at the time......which is that getting a conviction would be difficult. I believe that's why Obama went the money route. I also find it kind of amusing that people like you and MM think you knew better than Holder what is the best way to go. Last I heard neither of you have law degrees.