Why isn't Wall Street in jail?

Discussion in 'Stock Market' started by Chris, Feb 19, 2011.

  1. Chris
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    Chris Gold Member

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    Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer.

    "Everything's fucked up, and nobody goes to jail," he said. "That's your whole story right there. Hell, you don't even have to write the rest of it. Just write that."

    I put down my notebook. "Just that?"

    "That's right," he said, signaling to the waitress for the check. "Everything's fucked up, and nobody goes to jail. You can end the piece right there."

    Nobody goes to jail. This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth — and nobody went to jail. Nobody, that is, except Bernie Madoff, a flamboyant and pathological celebrity con artist, whose victims happened to be other rich and famous people.

    Why Isn't Wall Street in Jail? | Rolling Stone Politics
     
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  2. BolshevikHunter
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    BolshevikHunter BANNED

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    Because they own the Attorney General, who controls The Department of Justice. They also own The President, who appointed the Attorney General. Just as they own most of The Senate, Who confirmed The Attorney General. who by the way, is also a member of the cabinet. ~BH
     
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  3. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    I'm thinkin' there aren't jails big enough to put the Wall Street buildings into.
     
  4. Toro
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    Toro Diamond Member

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    I printed this article out, put it at the bottom of the pile and will read it in a month or so.

    I am sympathetic towards critics of Wall Street, having seen Wall Street up and close. However, Matt Taibbi, the author of this piece, is a dumbass with seemingly little understanding of financial history. His hack piece on Goldman was awful.
     
  5. whitehall
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    whitehall Gold Member

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    I think lefties dream about a day when they can "put people in jail" at will. If the left had their way they would close down every source of information they deem to be subversive and they would jail every slimy capitalist they could get their hands on. Elections would be "monitored" by the new black panther party and the stodgy old Constitution would be replaced with a more flexible document. Think I'm exaggerating? Look at some of the left wing posts.
     
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  6. miller
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    miller BANNED

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    I just explained it here
    Screwed Again: INVISIBLE BANK FRAUD

    You are in a trance with the entire country.
     
  7. miller
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    miller BANNED

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    I love putting crooks in prison. I must be a lefty. I used to have a wicked fast ball and a gun from the outfield. Gee I'm a lefty.
     
  8. miller
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    miller BANNED

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    Madoff was kept out of prison by the SEC until the stock market crashed and it blew up.

    Wake up you dip shits.
     
  9. California Girl
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    California Girl BANNED

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    How, precisely, does one jail a street?
     
  10. JWBooth
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    JWBooth Gold Member

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    Other than refusing to patch the potholes, how does one punish pavement?
     

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