[Wolfstar]

Hope this is not a duplicate post. Did a search on the title used by Yahoo and did not find it.

[Cicero]

Huh. I just walked through 2 World Financial Center a couple of days ago on my to a walk along the river. Glad I was working today.

I wonder where these guys work?

[NYC GOP Chick]

I wonder if this had anything to do with the *loud* helicopter noises I heard this afternoon...

[SamAdams76]

Some of the men covered their heads with overcoats while others bowed their heads to hide from television cameras and photographers.

Why do people do this? It looks so pathetic when grown men cower under jackets and overcoats. And it's pointless too. After all, their names are printed and everybody who knows them will know who they are anyway. Don't they have any self-pride? If I'm ever arrested for anything, I'll do the perp walk with my head held high. Be a man about it for crying out loud. Have some pride, some self-respect.

[txhurl]

hmmm

[PoisedWoman]

"It's currency fraud, securities fraud," said one agent at the scene of the arrests. "It's been a long investigation. The arrests have been ongoing today."

Not the first case of evildoing in the foreign exchange industry. Regulators should have been watching these firms like hawks, especially since 9/11.

In the 80s, a huge exchange company that had kiosks in every airport in the world folded overnight, leaving investors holding the bag (including a friend of mine). What was the name of that outfit? It was a synonym for exchanging money.

[tubebender]

"It's currency fraud, securities fraud," said one agent at the scene of the arrests.

Oh please let this be directly linked to George Soros...

[michigander]

NBC reported the defendants scammed retail investors into thinking they were buying multimillion-dollar foreign exchange trades when it is not possible for those types of investors to participate in such deals.

"[N]ot possible"? They mean it was "illegal" or is this one of those thingys where you can only be held accountable if you "knew" it was illegal and just did it anyway??

[NRA2BFree]

These days it's hard to know if you're going to get robbed on the street by small time hooded criminals or in an office building by professional criminals in suits.

[sarasmom]

Nice to see a plan come together!
A thief is a thief.
Wear a suit, or wear gang colors.Same mindset, different education levels.
Past time for white collar crime to do serious time.

[steveegg]

Interesting financial development ping. I'll leave it to you and the other gurus to decipher this one.

[Mo1]

Any chance Robert Rubin was one of them arrested?

[fight_truth_decay]

Three brokers at the inter-dealer brokerage ICAP were arrested in New York on Tuesday..among the 48.

[agitator]

Right now!
10pm On Fire! with Tom Adkins
Guest: Bernard Goldberg, Author
BERNARD GOLDBERG was a CBS News correspondent for twenty-eight years and is the winner of seven Emmy Awards, six at CBS and one for his work at HBO's critically acclaimed Real Sports with Bryant Gumbel. At CBS News, Goldberg covered stories all over America and much of the world for the CBS Evening News and 48 Hours. He also brought his unique perspective to the news in a special CBS Evening News segment, "Bernard Goldberg's America."

 

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[MississippiMan]

Hope this is not a duplicate post.

If it is, rest assured the Posting Gestapo will call you out for your dastardly deed!

MM

[SierraWasp]

"More recently the mutual fund industry has been investigated on charges of price gouging."

That's not precisely what they've been charged with! What kind of a spin is this reference to mutual fund "price gouging?"

[Grampa Dave]

Thanks for finding this and posting it.

Any bets that some of Soro's thugs are involved here?

Putin seizes one of Soro's phoney Freedom offices, and now our FBI does this.

[DarthVader]

George (Gorge) Soros cut off at the knees. He is going to get a rough lesson on what hardball is all about.