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"The most revealing fact of the Obama presidency…"


               
2012 Jul 9, 2:59pm   7,324 views  19 comments

by kentm   follow (0)  

http://www.salon.com/2012/07/09/rules_of_american_justice/?miaou

Greenwald: "The most revealing fact of the Obama presidency is the lack of a single prosecution of Wall Street execs for the massive fraud that caused the 2008 crisis. As long as we maintain impunity, no rational person should expect anything other than pervasive elite corruption and lawbreaking."

#politics

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10   freak80   @   2012 Jul 10, 4:50am  

StoutFiles says

As if any other president would have prosecuted them. This country is owned and operated by the banks and major corporations. Democrat, Republican...as long as you're electing people from those parties to the Senate, House, and President, you'll be forever maintaining the status quo.

God Bless America. We are exceptional! We must spread our benevolent system on the rest of the world by force!

11   bob2356   @   2012 Jul 10, 5:26am  

thomas.wong1986 says

bob2356 says

Detail where Predator Nation is incorrect.

Seriously ? You call this guy some kind of expert on Banking/Finance/Econ!

http://en.wikipedia.org/wiki/Charles_H._Ferguson

So as a self acknowledged expert in Banking/Finance/Econ please feel free to educate us on all the places where he is wrong in his book. I haven't read of anyone discrediting it. Be the first.

12   thomas.wong1986   @   2012 Jul 10, 6:54am  

bob2356 says

http://en.wikipedia.org/wiki/Charles_H._Ferguson

So as a self acknowledged expert in Banking/Finance/Econ please feel free to educate us on all the places where he is wrong in his book. I haven't read of anyone discrediting it. Be the first.

When did CF ever work in a Banking Finance capacity.. what experience can he show, what bad practices can he show on Wall Street to expose criminal wrong doing ?

Bottom line is Finance experience! not some Hollywood experience ....

13   thomas.wong1986   @   2012 Jul 10, 7:37am  

APOCALYPSEFUCK is Shostakovich says

Die, bankster scum, fucking die!

We had some shit brain morons writing books how to get rich in RE..
and today we have equal shit brain morons writing books on Wall Street and Banks scandals..

GOD FORBID someone writes a book like Robert Shiller...
whose bottom line was .... 'you have yourself to blame' not once but twice...
and still today.. he is ignored! Who knows, he might write a third edition of Irrational Exuberance on the next bubble!

14   AlexS   @   2012 Jul 10, 9:02am  

Who pays for the flute gets to call the tunes...

15   PeopleUnited   @   2012 Jul 10, 4:17pm  

Wait isnt that Goldman Sachs (government puppetmaster) motto?
wthrfrk80 says

StoutFiles says

As if any other president would have prosecuted them. This country is owned and operated by the banks and major corporations. Democrat, Republican...as long as you're electing people from those parties to the Senate, House, and President, you'll be forever maintaining the status quo.

God Bless America. We are exceptional! We must spread our benevolent system on the rest of the world by force!

16   bob2356   @   2012 Jul 10, 7:40pm  

thomas.wong1986 says

bob2356 says

http://en.wikipedia.org/wiki/Charles_H._Ferguson

So as a self acknowledged expert in Banking/Finance/Econ please feel free to educate us on all the places where he is wrong in his book. I haven't read of anyone discrediting it. Be the first.

When did CF ever work in a Banking Finance capacity.. what experience can he show, what bad practices can he show on Wall Street to expose criminal wrong doing ?

Bottom line is Finance experience! not some Hollywood experience ....

You misunderstand the question. I was requesting that that you mr wong use your extensive finance experience to point out exactly where predator nation is incorrect. Surely someone of your immense stature in the field (after all everyone in finance/banking/econ stands in awe of the huge body of writings of thomas.wong1986, a pulitzer or perhaps a nobel prize must certainly in the offing) could dissect the errors in the book and report back to us.

18   freak80   @   2012 Jul 11, 4:52am  

Vaticanus says

Wait isnt that Goldman Sachs (government puppetmaster) motto?

Why else would there be a giant American flag on the NYSE?

Don't believe in Crony Capitalism? Then you hate America!

19   EBGuy   @   2012 Jul 11, 5:17am  

AF said: It's chockablock with Goldman scum and that censored idiot censored Geithner was schooled in apocalyptic finance by king censored Larry Summers.
In all fairness, according to PBS Frontline, Larry Summers wanted to take on and break up at least one of the “too big to fail’ banks.... It would have been a bold step for Obama, but Tim Geithner warned the president against it. He wasn’t going to participate in what he called “Old Testament justice.”.

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