Mack was protected by the SEC in an insider trading investigation brought on by a veteran SEC investigator.
Yes it seems there are more politics here than meets the eye and could be tied to the October surprise and market collapse. To tie it to the Election is a stretch though as it would be difficult to forecast what markets would do. But if there had been a lesson learned in the Bear Stearns takeover and then the Lehman bankruptcy, it is likely the hedge funds saw gold in buying default swaps and shorting the investment bank targets.
It would be interesting to know the party registrations of the executives involved and whether any Soros or Clinton related hedge funds were involved.
Not sure about party registration, but would be curious to see the full list of hedge funds involved. Also of interest could be the list and cross-reference of funds involved in spiking oil to entirely unsustainable ‘peak oil’ levels, no doubt helped by no-drilling and hot-air wind and solar ‘energy policy’ of Democratic Congress.