NY AG Investigation: Why Haven't Wall Streeters Gone to Jail?

[beowolfe]

The only AG smart enough to convict them couldn't keep his pecker in his pants so he lost his job. Besides, it's time the GOP learned to clean up it's own mess.

 

[bripat9643]

You really think either party will attack those with the money and power?

You mean Democrats never attack, Exxon, Walmart, Insurance companies or coal mining companies?

 

[bripat9643]

With all apologies to my cousin and brother, you prove exactly why Marines are dickheads, nobodt willfully signs anything that they know to be fraudulent.

ROFL! That reminds me of P. T. Barnums famous axiom: "there's a sucker born every minute." people go to jail all the time for signing stuff they know to be fraudulent.

 

[8537]

It's a fair point. But i would also ask why haven't the Politicians who helped them commit their crimes gone to jail either? The Wall Street Bailout was a terrible crime against the American Taxpayer. Yet no one has gone to jail. It is pretty bizarre.

you think Hank Paulson should go to jail?

Among others. But yes possibly.

What law did Hank Paulson violate as head of Treasury?

 

[whitehall]

Don't get your hopes up neo-socialists. The NY A.G. is just pandering to the ignorant corporate hating socialist democrat rabble. It was the democrat party that ran Fannie Mae into the ground. During the Clinton administration democrats had the brilliant idea that the American dream of owning a home should be available to everyone regardless of their ability to pay. Democrats threatened banks with civil rights litigation if they didn't make bad loans. In a scheme worthy of organized crime the bad loans were bundled up with good loans and sold back to lending agencies as good loans. Frank Raines who was CEO of Fannie and is now a Obama economic advisor is alleged to have cooked the Fannie books to show a fake profit tied to his bonus and walked away with 90 Million for three years work. There is no indication that the case will be investigated.The former House banking chairman Barney Frank admitted that he let Fannie go under for whatever reason and told the American people a bald face lie that Fannie was solvent.

 

[Publius1787]

NY AG Investigation: Why Haven't Wall Streeters Gone to Jail? - Yahoo! News

For investigators looking for smoking guns that show Wall Street bankers at the height of the bubble knew the mortgage bonds they were pushing on clients were worthless junk, these emails seem about as good as you can get. And yet, nearly five years later after these emails were written, and months after they became public this year as part of case brought by mortgage insurer Ambac against Bear and J.P. Morgan Chase nothing has happened. Neither Lind nor Smith have been charged with any wrong-doing over the deal, nor has anyone else at Bear, or elsewhere for that matter. It's nearly three years after the financial crisis, and not a single Wall Streeter has been sent to jail for charges related to the mortgage bonds and other financial products that caused hundreds of billions of dollars in loses and nearly brought down the U.S. economy.

Well rightwingers, why do you still bow down and kiss the feet of Wall Streeters?

Thats an easy question to answer. Name the one that commited a crime? You see? They were acting within the law a perscribed by congress. They were incentivised to created this housing/credit bubble through fannie/freddie as per congress with the enforcement of the lovely Janet Reno. No law was broken. But many bad laws were followed through the heavy hand of government. Why run your bank in to the dirt with the giving out of bad loans when the government specifically enacts laws so that you can securitise 85% of those bad loans through fannie/freddie. And all in the name of social justice. You want to know who commited a crime? Look no further than the anti constitution pro social justice advocates.

[ame=http://www.youtube.com/watch?v=_MGT_cSi7Rs]YouTube - ‪Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis‬‏[/ame]

 

[editec]

The only AG smart enough to convict them couldn't keep his pecker in his pants so he lost his job. Besides, it's time the GOP learned to clean up it's own mess.

You realize, of course, that that's exactly WHY he got hammered, right?

He is, to the best of my knowledge, the ONLY John every convicted by the Feds for this so called crime.

I find that rather suspicious.

No, he was not set up, here was merely singled out for SPECIAL treatment.

 

[percysunshine]

Why Haven't Wall Streeters Gone to Jail?

Because they all got jobs in the Obama Administration?

 

[Mr. Shaman]

NY AG Investigation: Why Haven't Wall Streeters Gone to Jail? - Yahoo! News

For investigators looking for smoking guns that show Wall Street bankers at the height of the bubble knew the mortgage bonds they were pushing on clients were worthless junk, these emails seem about as good as you can get. And yet, nearly five years later after these emails were written, and months after they became public this year as part of case brought by mortgage insurer Ambac against Bear and J.P. Morgan Chase nothing has happened. Neither Lind nor Smith have been charged with any wrong-doing over the deal, nor has anyone else at Bear, or elsewhere for that matter. It's nearly three years after the financial crisis, and not a single Wall Streeter has been sent to jail for charges related to the mortgage bonds and other financial products that caused hundreds of billions of dollars in loses and nearly brought down the U.S. economy.

Well rightwingers, why do you still bow down and kiss the feet of Wall Streeters?

Stand-by!!!!

It's lookin' like DYIN' TIME, for the Bush/Gramm-era WATCHERS!!!!


​

"U.S. regulators could file civil fraud charges against some credit-rating agencies for their role in developing mortgage-bond deals that helped bring about the financial crisis, the Wall Street Journal reported, citing people familiar with the matter.

The SEC is considering whether the credit-ratings firms failed to do enough research to be able to rate adequately the pools of subprime mortgages and other loans that underpinned the mortgage-bond deals, the paper said."

SEC; Fraud Charges Against Raters​

*

​

 

[LibocalypseNow]

It's a fair question. But don't expect this current Administration to do anything about that. Many Wall Street Fat Cats work in this Administration. This President talks out of both sides of his mouth on this. He bashes Wall Street while at the same time hiring GE CEO Jeffrey Immelt as his "Jobs Czar." It's all just a shell game for these people. They know many in Dumbed-Down America will believe anything they're told. If there ever was a 'Corporate-Owned President',the guy in there right now is it.

 

[Robert]

Here's the People that need to be Jailed along with every other member

[ame=http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=related]YouTube - ‪Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis‬‏[/ame]

 

[whitehall]

How many times do they have to tell you that you can't send your political enemies to jail just because you have a sudden yen to be a socialist? This is the secret fantasy that most radical lefties have.

 

[LibocalypseNow]

How many times do they have to tell you that you can't send your political enemies to jail just because you have a sudden yen to be a socialist? This is the secret fantasy that most radical lefties have.

This is very true. The funniest thing about these people is that they don't even realize their Hopey Changey One has dozens of Wall Street Fat Cats working for him. GE CEO Jeffrey Immelt his 'Jobs Czar?' Man,what a joke. Socialists/Progressives really are a bit delusional these days. I blame it on them following far Left Dumbing-Down Media Outlets.

 

[Mr. Shaman]

Why Haven't Wall Streeters Gone to Jail?

It's lookin' more-and-more like....

EXTENDED KARMA-TIME!!!!

​

June 22, 2011​

"At the start of the financial crisis, there was over $1 trillion in 1933 Act securities fraud claims filed against the major servicer banks. After appeals, motions to dismiss and procedural delays, there are today about $200 billion in remaining claims which are now headed toward trials later this year or in 2012.

These claims total into the tens of billions of dollars and are approaching the point where the bank defendants will need to start setting aside significant reserves for settlements. The benchmark for the settlement of ’33 Act claims is the Worldcom litigation, where payments were generally 50% of losses.

And keep in mind that JPMorgan is not at the top of the list in terms of total securities fraud claims pending in the New York Courts. Names such as Bank of America and Wells Fargo also have double digit billions in claims pending against them that are now set to go to trial in the near future.

So when you hear people talking about settlements by the large banks with the SEC or various state attorneys general, remember that the real action in terms of legal risk remains the various types of investor claims against these banks, only one of which we have discussed today."

JPMorgan’s SEC Settlement The End?​

Gee....I wonder if any o' those mortgage-brokers saved any o' their bonu$-buck$??!!!

 

[LibocalypseNow]

Start with the Hopey Changey One's "Job-Czar." Jeffrey Immelt's GE doesn't pay any Taxes. Yea lets start with him.

 

[initforme]

The people on wall street are rich. They are cleaning house at our expense. This is old news. There are probably so many madoffs there its mind boggling. Thats what I think of this country now.

 

[Too Tall]

NY AG Investigation: Why Haven't Wall Streeters Gone to Jail? - Yahoo! News

For investigators looking for smoking guns that show Wall Street bankers at the height of the bubble knew the mortgage bonds they were pushing on clients were worthless junk, these emails seem about as good as you can get. And yet, nearly five years later after these emails were written, and months after they became public this year as part of case brought by mortgage insurer Ambac against Bear and J.P. Morgan Chase nothing has happened. Neither Lind nor Smith have been charged with any wrong-doing over the deal, nor has anyone else at Bear, or elsewhere for that matter. It's nearly three years after the financial crisis, and not a single Wall Streeter has been sent to jail for charges related to the mortgage bonds and other financial products that caused hundreds of billions of dollars in loses and nearly brought down the U.S. economy.

Well rightwingers, why do you still bow down and kiss the feet of Wall Streeters?

What a silly question. During the time frame mentioned, the A/G of New York is now the Governor and a Democrat. The former Governor was a Democrat. The Democrats had a majority in the Senate and House and the Presidency until January of this year and still have the Senate and the Presidency.

And, Wall Street is in New York.

on edit, the SEC Chair was appointed by Obama in 2009 and two of the other four members are Democrats.

Repeat after me, Well leftwingers, why do you still bow down and kiss the feet of Wall Streeters?

 

[initforme]

its too bad the system has to be run by wall street. Anyone want to argue we DONT live in a form of plutocracy?

 

[Mr. Shaman]

NY AG Investigation: Why Haven't Wall Streeters Gone to Jail? - Yahoo! News

For investigators looking for smoking guns that show Wall Street bankers at the height of the bubble knew the mortgage bonds they were pushing on clients were worthless junk, these emails seem about as good as you can get. And yet, nearly five years later after these emails were written, and months after they became public this year as part of case brought by mortgage insurer Ambac against Bear and J.P. Morgan Chase nothing has happened. Neither Lind nor Smith have been charged with any wrong-doing over the deal, nor has anyone else at Bear, or elsewhere for that matter. It's nearly three years after the financial crisis, and not a single Wall Streeter has been sent to jail for charges related to the mortgage bonds and other financial products that caused hundreds of billions of dollars in loses and nearly brought down the U.S. economy.

Well rightwingers, why do you still bow down and kiss the feet of Wall Streeters?

What a silly question. During the time frame mentioned, the A/G of New York is now the Governor and a Democrat. The former Governor was a Democrat. The Democrats had a majority in the Senate and House and the Presidency until January of this year and still have the Senate and the Presidency.

And, Wall Street is in New York.

Repeat after me, Well leftwingers, why do you still bow down and kiss the feet of Wall Streeters?

Whew!!!!!

Could you "conservative"-neophytes BE....

....anymore clueless??!!!!

Are positive-results considered an aberration in RNCland??!!!

 

[washamericom]

why hasn't obama gone to jail ?