How Many Of You Want To See The Banksters Go To Jail?

[Two Thumbs]

I'd like a real investigation that could lead to criminal charges that could lead to prison, not jail, for all that were and are involved.

I like to see justice served, but since many of the people involved were Fed level politicians and their handlers... don't hold your breath.

Yup. The banks can't do anything unless DC paves the way for em. The powers that be weren't very good oversite either.

The folks who should be going to jail are the folks who were supposed to be oversite.

They apparantly had more important things to do.

There certainly is enough blame to go around Joe. None of them are in any way innocent.

However IMO if those responsible for oversite had been doing their jobs, the jobs we pay them to do, then a lot of this would have been been caught and questioned.

Say whaa.....!!!

"Oversite?" You people speak about "oversite" aka regulation?

The SAME people, read rightwingers/Republicans, who are actively, staunchly and non-ceasingly arguing for less to no regulation have the gall and unmitigated nerve to speak about "oversite?"

Uncanny!

BTW, was the Bush Administration interested in oversite? Did they institute good oversite? Be honest.

Bush mentioned more than once that FF was in trouble, but Franks shut any action down each time.

Bush shoulda took control and fired his ass.

but oh well

Politicians, when convicted still don't go to jail or even loose their jobs.

And then people like you, laugh at people that say we need to clean house.

 

[GuyPinestra]

Interesting allegations. And your source/s is/are?

[ame=http://www.youtube.com/watch?v=2UZ9l_AxKjA]Barney Frank Caught Lying About Fannie Mae - YouTube[/ame]

 

[GuyPinestra]

[ame=http://www.youtube.com/watch?v=rgsxtbI9N68]Barney Frank Does Not Believe a Housing Bubble Exists Although He Created it 2005 - YouTube[/ame]

 

[KissMy]

They should all go to jail.

I was never concerned with others compensation until recently when I discovered how they use that money to pay off congress & regulators to change laws & look the other way while they screw the rest of us. No bank or insurance executive earns the pay they get. Bribery of public officials & creating bogus schemes are not work. They are crimes against humanity. I am sick of people defending these douche-bags as if they are brilliant hard working people from whom the rest of us benefit. They are using the rest of us. Jesus warned us in the bible of the money changers & their usury.

Now that the Patriot Act & the NDAA laws have destroyed the Posse Comitatus Act it should be legal once again for us to round up a posse & go after these corrupt politicians, bankers & executives. This will do 2 things for us. It will rid us of these scoundrels & it will get congress to restore the Posse Comitatus Act & our civil rights.

Steve Jobs did his best work creating Apple when he was scrounging for resources & made his first billion from Pixar, after he was fired from Apple. Apple's first investors were not banks, government or wallstreet. Wikipedia, Lenox, FireFox, USMB & many other of the greatest achievements were made from people who do not get paid.

The Federal reserve has done studies on motivation & discovered that high compensation destroys creativity & complex thinking. These bankers & execs need salary caps ASAP so they can start doing their jobs instead of having enough money to bribe congress into screwing the rest of us.

[ame="http://www.youtube.com/watch?v=QM9p4o050EY&list=FLIw_4LbNv_mLv6Gr2QxdJ7g&index=1&feature=plpp_video"]Motivation[/ame]

 

[HUGGY]

How Many Of You Want To See The Banksters Go To Jail?

How many of you want to see the predatory capitalist banksters and thier lobbyist's severed heads on spikes lining "K Street"?

 

[whitehall]

Banks ain't your enemy you hypocrites. Democrats created the mess when they forced banks to make bad loans or face civil rights litigation. The House Banking committee had oversight responsibility for Fannie Mae but the chairperson told us that it was doing fine before it collapsed. Bad loans were bundled with good loans and sold to lending institutions. Investors and banks had to eat the junk and you blame banks for the mess? Find Barney Frank who is probably on his honeymoon with his new husband and ask him why he lied.

 

[g5000]

When Bush handed Obama the country, he left it in shambles, that's a well-known world-known fact.

The bulk of the financial disaster was caused by the shady dealings and policies the banksters instituded on the American population.

How many of you want to see some of these banksters in cuffs and marched off to jail?

How many of you feel that crime was involved.

How many of you even want the AG to investigate and get to the bottom of it?

I have been pounding my fist on the table for years for some bankers to go to jail. I can even give you a list of names and the specific crimes they committed. These are names and crimes for which the SEC only levied lunch money fines against.

Your damn right I want to see some people in prison. For life.

 

[g5000]

Here is a list of names of people who belong in prison that can be provided to every Senator and Congressman:

1. Daniel Sparks and Tom Montag: Goldman Sachs. Constructed the fraudulent Timberwolf billion dollar toxic mortgage security and sold it to investors, then profited by betting against it. Deliberately stuffed the security with mortgages they knew were toxic so they could bet on its failure while also profiting from its sale it to investors.

2. Brian H. Stoker: Citigroup. Constructed the fraudulent Class V Funding III CDO-squared which ripped off investors for over $700 million.

3. Fabrice Tourre: Goldman Sachs. Constructed the fraudulent Abacus 2007-ac1 CDO for which GS was fined but no one went to prison. Tourre allowed hedge fund manager John Paulson to select the toxic mortgages to be placed in the CDO so Goldman Sachs and Paulson could bet against it. Paulson believes when it comes to this kind of business, we should be supporting them and encouraging them.


4. Angelo Mozillo: Countrywide CEO. This guy and his financial officers committed the exact same kind of crime the Enron CEO and financial officers did, and yet he walks free. Mozillo kept telling investors that Countrywide was "consitently producing quality mortgages" while his internal memos show that he was well aware his company was creating the most toxic mortgages on the planet. The SEC originally demanded a jury trial for Mozillo, but he ultimately walked away with a fine and no admission of wrongdoing. This guy is the scummiest of the scum.


That is just a good start.

 

[KissMy]

Banks ain't your enemy you hypocrites. Democrats created the mess when they forced banks to make bad loans or face civil rights litigation. The House Banking committee had oversight responsibility for Fannie Mae but the chairperson told us that it was doing fine before it collapsed. Bad loans were bundled with good loans and sold to lending institutions. Investors and banks had to eat the junk and you blame banks for the mess? Find Barney Frank who is probably on his honeymoon with his new husband and ask him why he lied.

Congress & Bill Clinton changed laws that allow Fannie, Freddie & AIG to enable bankers to be excessively rewarded for making bad loans. They used some of this excessive reward to pay off congress & the regulators. Every bad loan was made with money stolen from the average citizen causing excessive inflation when the loan was made. Remember the $4+ dollar gasoline at the pump & sky-rocketing food & home prices & property taxes. We have been screwed.

$2.2 Trillion in bad loans are now sitting at the Federal Reserve due to this scheme. The banks have not paid off their bail-out debts. The bad loans were sold off to GSE's or made whole by AIG who transfered their CDS to the Fed.

Your city likely invested the tax money they collected for infrastructure improvements into these worthless AAA rated bonds. Guess what? You get to pay more taxes to recoup the losses that your city incurred as a result. You get to pay for that waste water treatment plant all over again.

 

[Mr. Shaman]

Banks ain't your enemy you hypocrites. Democrats created the mess when they forced banks to make bad loans or face civil rights litigation. The House Banking committee had oversight responsibility for Fannie Mae but the chairperson told us that it was doing fine before it collapsed. Bad loans were bundled with good loans and sold to lending institutions. Investors and banks had to eat the junk and you blame banks for the mess? Find Barney Frank who is probably on his honeymoon with his new husband and ask him why he lied.

Congress & Bill Clinton changed laws that allow Fannie, Freddie & AIG to enable bankers to be excessively rewarded for making bad loans.

Yeah.....that's what happened......


[ame=http://www.youtube.com/watch?v=VcJ4sjgtIR0]American Casino - YouTube[/ame]

Stupid Fuckin' Teabaggers​

 

[MarcATL]

When Bush handed Obama the country, he left it in shambles, that's a well-known world-known fact.

The bulk of the financial disaster was caused by the shady dealings and policies the banksters instituded on the American population.

How many of you want to see some of these banksters in cuffs and marched off to jail?

How many of you feel that crime was involved.

How many of you even want the AG to investigate and get to the bottom of it?

I want to see Jon Corzine and Eric Holder cuffed and marched off to jail.

What did Holder do?

 

[MarcATL]

Banks were not REQUIRED to bundle good mortgages with bad.

If the regulator was paid to look the other way, both the payer and payee broke the law and should go to jail.

Perhaps they weren't REQUIRED, but maybe it was "expected" to avoid a law suit. This was supposed to be regulated, the taxpayers paid someone to regulate it. They chose or were paid to look the other way. This is why we can't and shouldn't trust government regulations, they don't work.

What an utterly ridiculous argument. You're claiming (without actual proof of any kind...I'm surprised Conservative isn't calling you a bitch for not providing your links) that regulators were paid to look the other way and so that proves regulation doesn't work. We have dirty cops...do we just say "fuck it" and get rid of all cops? See where your argument goes?

Without regulations do you REALLY think things would have been better and we would have never experienced a collapse? Are you really naive enough to think that banks will "self regulate"?

Seriously and with a straight face?

Powerful!!!

 

[MarcATL]

Yup. The banks can't do anything unless DC paves the way for em. The powers that be weren't very good oversite either.

The folks who should be going to jail are the folks who were supposed to be oversite.

They apparantly had more important things to do.

There certainly is enough blame to go around Joe. None of them are in any way innocent.

However IMO if those responsible for oversite had been doing their jobs, the jobs we pay them to do, then a lot of this would have been been caught and questioned.

Say whaa.....!!!

"Oversite?" You people speak about "oversite" aka regulation?

The SAME people, read rightwingers/Republicans, who are actively, staunchly and non-ceasingly arguing for less to no regulation have the gall and unmitigated nerve to speak about "oversite?"

Uncanny!

BTW, was the Bush Administration interested in oversite? Did they institute good oversite? Be honest.

Bush mentioned more than once that FF was in trouble, but Franks shut any action down each time.

Bush shoulda took control and fired his ass.

but oh well

Politicians, when convicted still don't go to jail or even loose their jobs.

And then people like you, laugh at people that say we need to clean house.

I marvel at you self-proclaimed RWers' ability to deflect and/or outright ignore.

Bravo!!

 

[imbalance]

If a restaurant made a salad taking good lettuce and mixing it in with e coli lettuce, they'd get in some trouble. The banks took good mortgages and mixed them in with e coli mortgages. They should get in some trouble.

What if a government regulator was looking over the restauranteur's shoulder saying he had to put the ecoli lettuce in there or he'd be sued, who needs to be in trouble??

What if the government regulator was looking the other way as long as he got a "little extra" $, who needs to be in trouble.

Of course those things could never happen, right???

Banks were not REQUIRED to bundle good mortgages with bad.

If the regulator was paid to look the other way, both the payer and payee broke the law and should go to jail.

Actually the gov's credit lines and implicit guarantees to Fannie/Freddie meant that in order not to be driven out of the industry, private banks were literally REQUIRED to splice MBSs spreading risk as thin as possible over bundles so that they could remain competitive with the GSEs. The GSEs were heading towards inevitable market monopolization with their gov-guarantees undercutting risk and enhancing liquidity making the attractiveness of their securities impossible for private banks to compete with.

Asking private banks not to operate as they did is essentially asking private banks to voluntarily self-cannibalize.

 

[Truthseeker420]

Just the ones that commited fraud and broke the law.

 

[Contumacious]

When Bush handed Obama the country, he left it in shambles, that's a well-known world-known fact.?

True.

But, if you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing.”
― Malcolm X

The Culprit is the Communistic Federal Reserve Board

Do your research,

.

 

[PredFan]

I want to see Barney Frank, Barack Obama, Nancy Pelosi, and Harry Reid go to jail. they've done much more harm to this country than bankers.

 

[MarcATL]

Just the ones that commited fraud and broke the law.

Yeah...that's all I want to see happen too.

 

[MarcATL]

When Bush handed Obama the country, he left it in shambles, that's a well-known world-known fact.?

True.

But, if you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing.”
― Malcolm X

The Culprit is the Communistic Federal Reserve Board

Do your research,

.

I'm not certain how the power-hungry, mega-rich and ultra-powerful banksters who pull the government by their purse strings are the ones that are oppressed here.

*scratches head*

 

[Stephanie]

Whoever broke the law needs to go to jail. Of course, you allude to some undefined persons as 'banksters' and then fail to point out one single law that these 'people' broke. Want to try again?

It's not my responsibility to identify actual crime, I'm a mere citizen. However, I do smell shenanigans and I do want my government to investigate and get to the bottom of what may or may not have taken place.

This ain't a which-hunt a' la Monicagate...this is serious business.

well if you were REALLY concerned, you call for a investigation of your Government..but you believe they can do no wrong...especially Democrats.

In His Activist Days Obama Sued Banks to Ease Lending Practices… Now He’s Suing Banks