Boo friging hoo. The last 2 or 3 or 4 bailouts weren’t enough? How about conducting your business with integrity and morals? It’s important to remember the only people Jesus threw a conniption fit over were the money men of their age. I wonder how he’d feel about our money changers?
CC
I hate to be on the side of the anti wall street group but in this instance they are completely on target: these people are guilty of the biggest fraud in history and NOT ONE of the top officials was incarcerated or lost their ill gotten gains.
To me it is inconceivable that someone being paid 50+ million a year had not a scintilla of an idea that something was amiss with the situation that unfolded over quite a few years. Frankly, with their paid minions in the Congress, they have been immune to retribution. Just like the adage that bad cases make bad laws, fraudulent programs result in bad economic outcomes.
I may be wrong. But from what I’ve read, the blood is not on WallStreet. BOA, CITI, etal are closing remote branches and terminating employees far from WallStreet.
Cry me a river! The oil price bust will cost at least this many good jobs in the Heartlands of America . . . jobs that actually contribute something to society . . . but there will not be peep out of the leftmedia (unless its derision).
Banks and companies are allowed to fail (in the 80’s FORCED to fail!) if they are in Oklahoma or Texas. Enron was nothing compared to the fraud that was Wall Street and the so-called stimulus.
I guess I’m just a “bitter clinger.”
Oldplayer
World Needs Ditchdiggers.
Some more of Obummer’s buddies take it on the chin.
Maybe Obama’s yearly fines are too much blood-letting. Maybe he likes it like that.
Quantitative easing = Trap Door
This central planning fantasyland has to stop. The market will clear itself, if the cronies and their politicians would just get out of the way.
Why won't somebody use the Commerce Clause to break through the logjam?