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To: Tempest

And keep this is mind...after all the mortgage fraud, not ONE senior official from any bank, mortgage company, investors group, advisor or rater went to jail. NOT ONE.


10 posted on 08/18/2011 7:36:20 AM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: Mouton
"And keep this is mind...after all the mortgage fraud, not ONE senior official from any bank, mortgage company, investors group, advisor or rater went to jail. NOT ONE."

___________________________________________________

It's called regulatory capture the regulators at the SEC are promised jobs in the Treasury or at JP Morgan or Goldman so they "forget" to look into things.

When an industry gets so powerful that it can capture it's own regulators it's over.


11 posted on 08/18/2011 8:10:06 AM PDT by Minus_The_Bear
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