If They Enforced Bank Regulation Like They Do Park Rules, We Wouldn’t Be In This Mess In The First Place

Officials at the Securities and Exchange Commission, the regulatory body charged with going after financial crimes, systematically blocked and destroyed dozens of investigations into fraud allegedly committed by major Wall St. institutions, including files related to initial inquiries into Goldman Sachs, Deutsche Bank and Bernie Madoff, according to a recent whistleblower lawsuit. The SEC has admitted to improperly deleting files. And there is growing evidence that bank lobbyists and those hoping to become bank executives/lobbyists one day, burrowed into the SEC to block investigations of big banks. The media barely covers this.

The Obama DOJ has pursued a bank fraud prosecution strategy of either ignoring large swaths of Wall Street or giving slaps on the wrist + “plz don’t do it again” pledges (see the NYTimes’ investigation of these phony pledges here).

The U.S. Senate is too broken, and the bank lobbyists are too powerful for betters laws right now.

The grown-ups in DC won’t do their jobs to restore justice. Its up to kids in UC Davis and grandpas at Occupy Nashville.


Filed under Uncategorized

5 responses to “If They Enforced Bank Regulation Like They Do Park Rules, We Wouldn’t Be In This Mess In The First Place

  1. Those brave souls out there protesting are doing such a fantastic job. You’re right, if they don’t stand up for the people, who will? Certainly not the ones whose job it is! Power to the people!!!

  2. Great to see you continuing to speak truth to power! Love the title of your blog. Public Citizen wishing you all the best. ~Rachel

  3. Michelle Millette

    Hey, that’s a picture of me! No joke. So weird. Anyway, that photo was taken at Occupy Austin’s Re-Fund Education rally on November 17th at the Texas State Capitol. Thanks for posting!

    • I have to voice my passion for your kindness giving support to people that absolutely need assistance with this theme. Your real dedication to getting the message all around was quite practical and have cosltnientsy made many people like me to reach their objectives. This warm and friendly facts entails a great deal to me and further more to my office colleagues. Warm regards; from each one of us.

    • Another thing I’ve really noticed is always that for many people, less-than-perfect credit is the reaction of circumstances past their control. By way of example they may happen to be saddled with an illness and because of this they have excessive bills for collections. It would be due to a work loss or the inability to go to work. Sometimes divorce can really send the budget in a downward direction. Thanks for sharing your thinking on this web site.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s