Posted on 03/05/2009 4:37:35 AM PST by Lloyd227
The man at the center of a fraud scandal at the Treasury Department has been allowed to quietly quit and retire from his job as a government regulator, despite allegations that he allowed a bank to falsify financial records and amidst outcries from investigators who say the case shows how cozy government regulators have become with the banks and savings and loans they are supposed to be checking on.
(Excerpt) Read more at abcnews.go.com ...
It’s a left over Bush scandal, that was a left over Clinton scandal, that was a left over Bush scandal and so on and so forth.
Regulators have always gotten into bed with those they are supposed to be watching. Ever go to a restaurant kitchen right after it was “approved”?
Yet, we fear freedom so much that having some government “regulation” is better than none? The thought of freedom is so frightening that most just cannot bear it.
But, the course of history, anywhere in history and any time, you’ll find government collusion against the people.
Our Founders knew this. Why have we forgotten?
If it’s a leftover Bush scandal, would the MSM allow anyone to slip away unnoticed and without charges? Heck no. I don’t buy the ABC story for a minute. There’s something much bigger behind it. Yes, by all means, follow the money trail.
A google search reveals this story was out in December 2008.
Why is it being reported as some new discovery by ABC?
Does this have to do with Madoff?
The "new" part of the story is that they just finalized the decision to let this government inspector retire without facing charges, without the details of the story seeing daylight in court and without revealing the real details regarding exactly who and what was going on at IndyMac.
Yes, the investigation is from 2008, the "news" if you will is that the OBAMA ADMINISTRATION is who decided to let this die a quite death.
Aren’t most of the bureaucrats in Washington from the surrounding area which is heavily Dim? I would say he is likely a liberal.
You have it backwards. The surrounding area is heavily Dim BECAUSE so many bureaucrats live there. Bureaucrats tend to be in favor of expanding government (and thus their own budgets and power), which makes them lean Dim.
Yes. The problem is the slap on the wrist.
If the GOP has ANY SENSE left they would jump on this story. How much is his pension? How old is he? Do we have to pay for his health care for life?!
This vermin should be in a jail cell....just like Sandy Berger. And the lackies at the SEC who fell under Madoff’s spell. AND the underlings at Fannie/Freddie who have never explained their roles in the massive fraud perpetrated during Franklin Raines’ days at the helm. Raines didn’t go down to the accounting department and enter those transactions himself...he had lots of help.
It is now undeniable that there is different justice system for those on the “inside”-—gov’t workers and the well-connected. THAT IS THE SCANDAL.
If he were allowed to go quietly, it’s not a leftover Bush scandal.
I just did a calculation off this old NY Times article.
http://query.nytimes.com/gst/fullpage.html?res=950DE0D8113EF937A15752C0A96F948260&sec=&spon=&pagewanted=all
Mr. Dochow is only 58 years old. And now he’s retired with a comfy cushy pension and probably health care for life!
It’s obvious. Obama’s team let this go through because:
a) further revelations could undermine public confidence
b) nothing must undermine the public’s new-found belief that the public employees are “good” and more public employees will “help” them
and
c) He probably has the goods on others...must be kept quiet.
Yup. You don't work in a position like that without knowing where all the skeletons are buried. They basically made a deal to hush him up.
lol. You just nailed it in one sentence.
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