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The Lie that Prosecuting Bank Fraud Will Destabilize the Economy


By gnadivi   Follow   Sun, 23 Dec 2012, 3:13pm   292 views   3 comments
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http://www.zerohedge.com/contributed/2012-12-22/lie-prosecuting-bank-fraud-will-destabilize-economy-what-really-destroying-ec?source=Patrick.net

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  1. CaptainShuddup


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    1   1:21pm Mon 24 Dec 2012   Share   Quote   Permalink   Like   Dislike (1)  

    Great comic, it made my day.

  2. The Professor


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    2   8:07pm Mon 24 Dec 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected  

    From the article:
    "In 2004, the FBI warned publicly of “an epidemic of mortgage fraud.” But the government did nothing, and less than nothing, delivering instead low interest rates, deregulation and clear signals that laws would not be enforced. The signals were not subtle: on one occasion the director of the Office of Thrift Supervision came to a conference with copies of the Federal Register and a chainsaw. There followed every manner of scheme to fleece the unsuspecting …"

    And a couple years later if the banks did not get trillions of dollars life as we knew it would end...

  3. APOCALYPSEFUCKisShostikovitch


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    3   8:10pm Mon 24 Dec 2012   Share   Quote   Permalink   Like (7)   Dislike  

    America's only hope is the ritual beheading of banksters.

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