[usconservative]

The SEC was formed to protect investors. It didn’t do its job.

That's primarily because the hedge funds that were buying these mortgage backed securities really had no clue as to what the quality of those mortgage backed securities were, the risk attached to them and in many cases - who actually held the paper for them.

It was like a game of "hot potato" where the last guy holding the mortgages when the timer went off was the one that got burned. As we now know, that was the big "investment" firms that were heavily leveraged in mortgage backed securities such as Lehman Bros.

[Liz]

The Chicago mob was only interested in tapping into the US Treasury....and gaming assorted funding agencies. Read on.

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OBAMA GAVE RHAM EMANUEL TWO KEY JOBS Soon as they occupied the WH, Obama placed his COS Rahm Emanuel in control of the US Dept of the Treasury (oversees the IRS).

PAUSE TO REFLECT First-term Obama had tight control of Treasury; Obama calculatedly placed his then-COS Rahm Emanuel in a dual role.......in the WH and at Treasury. Obama had a stranglehold on Treasury via COS Rahm Emanuel's dual role

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THE SMOKING GUN---WSJ REPORT--On Jan 20, 2009 Timothy Geithner was appointed Obama's Secy of the Treasury. But within three weeks, the Obama White House tightened its grip on Treasury. Obama put his COS, Rahm Emanuel, in charge of Treasury---Rahm Emanuel's dual role was an unusual move.

When he got to Treasury, WH COS Rahm Emanuel was so involved in the inner workings that the phrase "Rahm wants it" had become an unofficial mantra among subservient govt staffers, prostrate in obeisance, scurrying to accede to Rahm's wishes, according to Treasury government officials. Reported by WSJ / 05/31/09

More here: http://online.wsj.com/article/SB124113406528875137.html

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Pres Trump needs to suggest AG Sessions make an inquiry to the US Dept of the Treasury and be sure to ask what RAHM AND Obama were doing in the US Treasury after Obama got elected.

Treasury prolly HAS a huge Rahm/Obama paper trail. One can get awfully rich awfully fast knowing the Fed's Treasury moves in advance.

But the Iran connection could prove to be even more interesting considering the hundreds of millions Obama secretly gave to Iran.

[taxesareforever]

Isn’t it the job of the SEC to find out what is going on? Evidently not. I know they were hard to find but they are being paid to be the watchmen.