Whores For Wall Street

[Remodeling Maidiac]

And please explain why not one Banker was prosecuted for crimes that were admitted to

Why Prosecutors Don't Go After Wall Street

BUSH GAVE A GET OUT OF JAIL FREE CARD SUMMER 2008

Why Prosecutors Don t Go After Wall Street NPR

“When regulators don’t believe in regulation and don’t get what is going on at the companies they oversee, there can be no major white-collar crime prosecutions,”...“If they don’t understand what we call collective embezzlement, where people are literally looting their own firms, then it’s impossible to bring cases.”

http://www.nytimes.com/2011/04/14/business/14prosecute.html?pagewanted=all

The FBI correctly identified the epidemic of mortgage control fraud at such an early point that the financial crisis could have been averted had the Bush administration acted with even minimal competence.
'
The Two Documents Everyone Should Read to Better Understand the Crisis William K. Black

Dubya was warned by the FBI of an "epidemic" of mortgage fraud in 2004. He gave them less resources.

FBI saw threat of loan crisis - Los Angeles Times

Shockingly, the FBI clearly makes the case for the need to combat mortgage fraud in 2005, the height of the housing crisis:

Financial Crimes Report to the Public 2005

FBI mdash Financial Crimes Report 2005

The Bush Rubber Stamp Congress ignored the obvious and extremely detailed and well reported crime spree by the FBI.

THE BUSH ADMINISTRATION and CONGRESS stripped the White Collar Crime divisions of money and manpower.

http://www.nytimes.com/2008/10/19/washington/19fbi.html?pagewanted=all

Bush isn't president anymore & believe it or not he has no control over our legal system.

Idiot

 

[The Rabbi]

Dodd Frank has done nothing but cost money and reduced banks to regulated utilities. It is totally anti middle class and anti growth. Scrap that shit.

 

[Discombobulated]

Dodd Frank has done nothing but cost money and reduced banks to regulated utilities. It is totally anti middle class and anti growth. Scrap that shit.

Of course....why would anyone want to protect consumers from getting ripped off again?

Dodd-Frank Financial Regulatory Reform Bill Definition Investopedia

 

[Manonthestreet]

You arent protecting them now........case you didnt notice you will be "bailed in" on next bank failure

 

[Political Junky]

The Democrats have the ability to stop this, let's hope they do.

 

[The Rabbi]

Dodd Frank has done nothing but cost money and reduced banks to regulated utilities. It is totally anti middle class and anti growth. Scrap that shit.

Of course....why would anyone want to protect consumers from getting ripped off again?

Dodd-Frank Financial Regulatory Reform Bill Definition Investopedia

Remind me how this has protected consumers in any way.
In fact consumers are forced to pay more because banks are limited in other ways they can make money. As usual, the left confuses intent with result.

 

[The Rabbi]

The Democrats have the ability to stop this, let's hope they do.

Because you like crony capitalism?

 

[Discombobulated]

Dodd Frank has done nothing but cost money and reduced banks to regulated utilities. It is totally anti middle class and anti growth. Scrap that shit.

Of course....why would anyone want to protect consumers from getting ripped off again?

Dodd-Frank Financial Regulatory Reform Bill Definition Investopedia

Remind me how this has protected consumers in any way.
In fact consumers are forced to pay more because banks are limited in other ways they can make money. As usual, the left confuses intent with result.

Trading in derivatives was always such a good idea, no need for regulations there.

 

[The Rabbi]

Dodd Frank has done nothing but cost money and reduced banks to regulated utilities. It is totally anti middle class and anti growth. Scrap that shit.

Of course....why would anyone want to protect consumers from getting ripped off again?

Dodd-Frank Financial Regulatory Reform Bill Definition Investopedia

Remind me how this has protected consumers in any way.
In fact consumers are forced to pay more because banks are limited in other ways they can make money. As usual, the left confuses intent with result.

Trading in derivatives was always such a good idea, no need for regulations there.

Really there arent. So some bank or broker loses a shitload of money. Who cares? What difference does it make? Send them to bankruptcy and go on.
The only problem is they are playing with Uncle's money. Regulation is the problem. Always.

 

[Discombobulated]

Dodd Frank has done nothing but cost money and reduced banks to regulated utilities. It is totally anti middle class and anti growth. Scrap that shit.

Of course....why would anyone want to protect consumers from getting ripped off again?

Dodd-Frank Financial Regulatory Reform Bill Definition Investopedia

Remind me how this has protected consumers in any way.
In fact consumers are forced to pay more because banks are limited in other ways they can make money. As usual, the left confuses intent with result.

Trading in derivatives was always such a good idea, no need for regulations there.

Really there arent. So some bank or broker loses a shitload of money. Who cares? What difference does it make? Send them to bankruptcy and go on.
The only problem is they are playing with Uncle's money. Regulation is the problem. Always.

No that's just plain stupid, the market requires more regulation than ever to prevent thieves from destroying our economy. The market is the product of human intervention....it isn't a force of nature.

 

[dblack]

Dodd Frank has done nothing but cost money and reduced banks to regulated utilities. It is totally anti middle class and anti growth. Scrap that shit.

Of course....why would anyone want to protect consumers from getting ripped off again?

Dodd-Frank Financial Regulatory Reform Bill Definition Investopedia

Remind me how this has protected consumers in any way.
In fact consumers are forced to pay more because banks are limited in other ways they can make money. As usual, the left confuses intent with result.

Trading in derivatives was always such a good idea, no need for regulations there.

Really there arent. So some bank or broker loses a shitload of money. Who cares? What difference does it make? Send them to bankruptcy and go on.
The only problem is they are playing with Uncle's money. Regulation is the problem. Always.

No that's just plain stupid, the market requires more regulation than ever to prevent thieves from destroying our economy. The market is the product of human intervention....it isn't a force of nature.

A free market is the most democratic institution available to us. Regulation tends to serve the interests of those doing the regulating, and those who have their attention.

 

[The Rabbi]

Dodd Frank has done nothing but cost money and reduced banks to regulated utilities. It is totally anti middle class and anti growth. Scrap that shit.

Of course....why would anyone want to protect consumers from getting ripped off again?

Dodd-Frank Financial Regulatory Reform Bill Definition Investopedia

Remind me how this has protected consumers in any way.
In fact consumers are forced to pay more because banks are limited in other ways they can make money. As usual, the left confuses intent with result.

Trading in derivatives was always such a good idea, no need for regulations there.

Really there arent. So some bank or broker loses a shitload of money. Who cares? What difference does it make? Send them to bankruptcy and go on.
The only problem is they are playing with Uncle's money. Regulation is the problem. Always.

No that's just plain stupid, the market requires more regulation than ever to prevent thieves from destroying our economy. The market is the product of human intervention....it isn't a force of nature.

That might be the dumbest comment you've ever made. The market is self regulating. Government interference causes problems.

 

[BlackSand]

A free market is the most democratic institution available to us. Regulation tends to serve the interests of those doing the regulating, and those who have their attention.

Not only is this correct ... But in the free market your "vote" is proportionate to your use.

.

 

[Roadrunner]

A free market is the most democratic institution available to us. Regulation tends to serve the interests of those doing the regulating, and those who have their attention.

Not only is this correct ... But in the free market your "vote" is proportionate to your use.

.

The only stock most of these "experts" have is "Swanson's Chicken".

 

[BlackSand]

A free market is the most democratic institution available to us. Regulation tends to serve the interests of those doing the regulating, and those who have their attention.

Not only is this correct ... But in the free market your "vote" is proportionate to your use.

.

The only stock most of these "experts" have is "Swanson's Chicken".

Lolz ... I couldn't even tell you what Swanson's Chicken tastes like ... Don't even go down that aisle at the grocery store.

.

 

[Roadrunner]

A free market is the most democratic institution available to us. Regulation tends to serve the interests of those doing the regulating, and those who have their attention.

Not only is this correct ... But in the free market your "vote" is proportionate to your use.

.

The only stock most of these "experts" have is "Swanson's Chicken".

Lolz ... I couldn't even tell you what Swanson's Chicken tastes like ... Don't even go down that aisle at the grocery store.

.

I was referring to leftist "experts".

Chickens have gotten to be so tasteless I rarely even bother, much less buy stock in a box.

 

[JoeNormal]

GOP leaders have some funny ideas in their budget proposal; seems they want to dismantle the Dodd-Frank regulations. Now we know who Boehner and McConnell really work for.

http://www.wsj.com/articles/boehner...ing-bill-avoid-government-shutdown-1418234804

As if we didn't already know. Bastards.

 

[JoeNormal]

Of course....why would anyone want to protect consumers from getting ripped off again?

Dodd-Frank Financial Regulatory Reform Bill Definition Investopedia

Remind me how this has protected consumers in any way.
In fact consumers are forced to pay more because banks are limited in other ways they can make money. As usual, the left confuses intent with result.

Trading in derivatives was always such a good idea, no need for regulations there.

Really there arent. So some bank or broker loses a shitload of money. Who cares? What difference does it make? Send them to bankruptcy and go on.
The only problem is they are playing with Uncle's money. Regulation is the problem. Always.

No that's just plain stupid, the market requires more regulation than ever to prevent thieves from destroying our economy. The market is the product of human intervention....it isn't a force of nature.

That might be the dumbest comment you've ever made. The market is self regulating. Government interference causes problems.

I'm guessing that if you belong to a profession, it's in something that is so far removed from how actual, physical commodities are produced that you have no idea how any of it happens. That's why you see no downside in a complete collapse if that's what it takes to correct a problem in your precious free market system.

 

[Discombobulated]

Of course....why would anyone want to protect consumers from getting ripped off again?

Dodd-Frank Financial Regulatory Reform Bill Definition Investopedia

Remind me how this has protected consumers in any way.
In fact consumers are forced to pay more because banks are limited in other ways they can make money. As usual, the left confuses intent with result.

Trading in derivatives was always such a good idea, no need for regulations there.

Really there arent. So some bank or broker loses a shitload of money. Who cares? What difference does it make? Send them to bankruptcy and go on.
The only problem is they are playing with Uncle's money. Regulation is the problem. Always.

No that's just plain stupid, the market requires more regulation than ever to prevent thieves from destroying our economy. The market is the product of human intervention....it isn't a force of nature.

That might be the dumbest comment you've ever made. The market is self regulating. Government interference causes problems.

I'd be so surprised if you hadn't already been nominated for a Nobel Prize in economics. There is no such thing as self regulating, it doesn't exist.......except in the minds of superficial theorists like yourself.

 

[The Rabbi]

Remind me how this has protected consumers in any way.
In fact consumers are forced to pay more because banks are limited in other ways they can make money. As usual, the left confuses intent with result.

Trading in derivatives was always such a good idea, no need for regulations there.

Really there arent. So some bank or broker loses a shitload of money. Who cares? What difference does it make? Send them to bankruptcy and go on.
The only problem is they are playing with Uncle's money. Regulation is the problem. Always.

No that's just plain stupid, the market requires more regulation than ever to prevent thieves from destroying our economy. The market is the product of human intervention....it isn't a force of nature.

That might be the dumbest comment you've ever made. The market is self regulating. Government interference causes problems.

I'd be so surprised if you hadn't already been nominated for a Nobel Prize in economics. There is no such thing as self regulating, it doesn't exist.......except in the minds of superficial theorists like yourself.

Actually classic economic theory says so. Something you never studied because they dont teach that in 4th grade, your last grade completed.