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> <channel><title>Comments on: Where Are The Prosecutions? SEC Lets Citi Execs Go Free After $40 Billion Subprime Lie</title> <atom:link href="http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/feed/" rel="self" type="application/rss+xml" /><link>http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/</link> <description></description> <lastBuildDate>Sun, 12 Feb 2012 01:23:04 -0800</lastBuildDate> <generator>http://wordpress.org/?v=2.8.6</generator> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item><title>By: pleazzer</title><link>http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/#comment-29418</link> <dc:creator>pleazzer</dc:creator> <pubDate>Mon, 02 Aug 2010 00:22:34 +0000</pubDate> <guid
isPermaLink="false">http://blogs.alternet.org/speakeasy/?p=13485#comment-29418</guid> <description>Time will tell if they get their wings clipped. There are a lot of regulations and rules that are to be written and some of them by the same agencies that did not do their job in the first place so I for one am not holding my breath that any of these crooks are going to do us justice. I know there are a lot of lobbyists and lawyers that feel this is a wet dream for them and they could not have asked for much more. So how is this in our favor??? It isn’t because no matter what until these regulatory agencies do their job it will not matter what law is in place. I compare it to our immigration laws. Ya they are there but they are not enforced and now Obama is looking for ways around the Congress and laws to grant amnesty to all of them. &lt;br&gt;&lt;a href=&quot;http://www.thedailycrux.com/content/5151/Government&quot; rel=&quot;nofollow&quot;&gt;http://www.thedailycrux.com/content/5151/Govern...&lt;/a&gt;&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://www.businessweek.com/news/2010-06-25/banks-dodged-a-bullet-as-congress-dilutes-rules.html&quot; rel=&quot;nofollow&quot;&gt;http://www.businessweek.com/news/2010-06-25/ban...&lt;/a&gt;</description> <content:encoded><![CDATA[<p>Time will tell if they get their wings clipped. There are a lot of regulations and rules that are to be written and some of them by the same agencies that did not do their job in the first place so I for one am not holding my breath that any of these crooks are going to do us justice. I know there are a lot of lobbyists and lawyers that feel this is a wet dream for them and they could not have asked for much more. So how is this in our favor??? It isn’t because no matter what until these regulatory agencies do their job it will not matter what law is in place. I compare it to our immigration laws. Ya they are there but they are not enforced and now Obama is looking for ways around the Congress and laws to grant amnesty to all of them. <br
/><a
href="http://www.thedailycrux.com/content/5151/Government" rel="nofollow"></a><a
href="http://www.thedailycrux.com/content/5151/Govern.." rel="nofollow">http://www.thedailycrux.com/content/5151/Govern..</a>.</p><p><a
href="http://www.businessweek.com/news/2010-06-25/banks-dodged-a-bullet-as-congress-dilutes-rules.html" rel="nofollow"></a><a
href="http://www.businessweek.com/news/2010-06-25/ban.." rel="nofollow">http://www.businessweek.com/news/2010-06-25/ban..</a>.</p> ]]></content:encoded> </item> <item><title>By: DocChaos</title><link>http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/#comment-29385</link> <dc:creator>DocChaos</dc:creator> <pubDate>Sun, 01 Aug 2010 19:32:56 +0000</pubDate> <guid
isPermaLink="false">http://blogs.alternet.org/speakeasy/?p=13485#comment-29385</guid> <description>From the sound of it you and I are probably of differing political philosophies. But your point is clear enough. How about we just take away all that influence money instead of arguing which party is the least corrupt? Because they both are.&lt;br&gt;&lt;br&gt;Federally funded elections with no monetary input from Corporations or private interests would solve a lot of problems. No PAC, no union, no committee to do anything could contribute one dime to a politician or party. &lt;br&gt;&lt;br&gt;Only live human registered voters can participate in any part of the election process.&lt;br&gt;&lt;br&gt;The Supreme Court erred for very suspicious reasons when the old farts either got paid off or dithered themselves into thinking that Free Speech and Commercial Speech are the same thing. They are not. &lt;br&gt;&lt;br&gt;A business has a license to sell a product or service, not political propaganda. They are not licensed to participate in the election process. Therefore they are guilty of operating without permit. No kidding. &lt;br&gt;&lt;br&gt;If we want criminals prosecuted we have to hire people that aren&#039;t already owned by the corporations. We can do that. We&#039;d better do that. &lt;br&gt;&lt;br&gt;I will support any political party and candidate that supports Federally Funded Elections with the exclusion of all others except voters. How about you?</description> <content:encoded><![CDATA[<p>From the sound of it you and I are probably of differing political philosophies. But your point is clear enough. How about we just take away all that influence money instead of arguing which party is the least corrupt? Because they both are.</p><p>Federally funded elections with no monetary input from Corporations or private interests would solve a lot of problems. No PAC, no union, no committee to do anything could contribute one dime to a politician or party.</p><p>Only live human registered voters can participate in any part of the election process.</p><p>The Supreme Court erred for very suspicious reasons when the old farts either got paid off or dithered themselves into thinking that Free Speech and Commercial Speech are the same thing. They are not.</p><p>A business has a license to sell a product or service, not political propaganda. They are not licensed to participate in the election process. Therefore they are guilty of operating without permit. No kidding.</p><p>If we want criminals prosecuted we have to hire people that aren&#39;t already owned by the corporations. We can do that. We&#39;d better do that.</p><p>I will support any political party and candidate that supports Federally Funded Elections with the exclusion of all others except voters. How about you?</p> ]]></content:encoded> </item> <item><title>By: pleazzer</title><link>http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/#comment-29259</link> <dc:creator>pleazzer</dc:creator> <pubDate>Sat, 31 Jul 2010 22:10:11 +0000</pubDate> <guid
isPermaLink="false">http://blogs.alternet.org/speakeasy/?p=13485#comment-29259</guid> <description>Yes, like Obama said about the Bush/Cheney crime family &quot;I just want to look forward and get one with the business of America moving forward.&quot; that is after we all get shafted with a half a$$ health care bill that the insurance companies loved that forces us all to purchase their products, That is after he allowed his buddies at Goldman Sach get off the hook with a less than slap on the wrist and wall street still able to screw us. Not to mention banks still dipping into the fed and our buddies Freddie and Fanny still about to sink us. While he lies about his plans to help the good ole USA allowing even more jobs to be shipped overseas and now is looking for a way to grant amnesty to the law breaking invaders. While Obama is far from the first President to shaft us this is a time in our history and economic situation he should be doing a hell of a lot more than shafting us and insuring even that our grandchildren will be the CASH COWS in the future. I learned years ago there was JUSTICE and then JUST US. But he has taken F*#$en USA to a new level. He also showed what he was going to do by allowing the same people that had a BIG part in this to help him cover up the future screwing he was about to bestow. There are plenty of stories on Geithner and Bernanke with Obama leading the pack.&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://www.google.com/search?hl=en&amp;q=Geithner+and+Bernanke+lied+to+Congress&amp;btnG=Search&amp;aq=f&amp;aqi=&amp;aql=&amp;oq=&amp;gs_rfai=&quot; rel=&quot;nofollow&quot;&gt;http://www.google.com/search?hl=en&amp;q=Geithner+a...&lt;/a&gt;&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://www.moneynews.com/StreetTalk/fannie-freddie-tab-taxpayer/2010/06/21/id/362543?s=al&amp;promo_code=A20F-1&quot; rel=&quot;nofollow&quot;&gt;http://www.moneynews.com/StreetTalk/fannie-fred...&lt;/a&gt;&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://www.msnbc.msn.com/id/31510813/ns/msnbc_tv-the_dylan_ratigan_show#38267304&quot; rel=&quot;nofollow&quot;&gt;http://www.msnbc.msn.com/id/31510813/ns/msnbc_t...&lt;/a&gt;</description> <content:encoded><![CDATA[<p>Yes, like Obama said about the Bush/Cheney crime family &#8220;I just want to look forward and get one with the business of America moving forward.&#8221; that is after we all get shafted with a half a$$ health care bill that the insurance companies loved that forces us all to purchase their products, That is after he allowed his buddies at Goldman Sach get off the hook with a less than slap on the wrist and wall street still able to screw us. Not to mention banks still dipping into the fed and our buddies Freddie and Fanny still about to sink us. While he lies about his plans to help the good ole USA allowing even more jobs to be shipped overseas and now is looking for a way to grant amnesty to the law breaking invaders. While Obama is far from the first President to shaft us this is a time in our history and economic situation he should be doing a hell of a lot more than shafting us and insuring even that our grandchildren will be the CASH COWS in the future. I learned years ago there was JUSTICE and then JUST US. But he has taken F*#$en USA to a new level. He also showed what he was going to do by allowing the same people that had a BIG part in this to help him cover up the future screwing he was about to bestow. There are plenty of stories on Geithner and Bernanke with Obama leading the pack.</p><p><a
href="http://www.google.com/search?hl=en&#038;q=Geithner+and+Bernanke+lied+to+Congress&#038;btnG=Search&#038;aq=f&#038;aqi=&#038;aql=&#038;oq=&#038;gs_rfai=" rel="nofollow"></a><a
href="http://www.google.com/search?hl=en&#038;q=Geithner+a.." rel="nofollow">http://www.google.com/search?hl=en&#038;q=Geithner+a..</a>.</p><p><a
href="http://www.moneynews.com/StreetTalk/fannie-freddie-tab-taxpayer/2010/06/21/id/362543?s=al&#038;promo_code=A20F-1" rel="nofollow"></a><a
href="http://www.moneynews.com/StreetTalk/fannie-fred.." rel="nofollow">http://www.moneynews.com/StreetTalk/fannie-fred..</a>.</p><p><a
href="http://www.msnbc.msn.com/id/31510813/ns/msnbc_tv-the_dylan_ratigan_show#38267304" rel="nofollow"></a><a
href="http://www.msnbc.msn.com/id/31510813/ns/msnbc_t.." rel="nofollow">http://www.msnbc.msn.com/id/31510813/ns/msnbc_t..</a>.</p> ]]></content:encoded> </item> <item><title>By: bwalters36</title><link>http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/#comment-29161</link> <dc:creator>bwalters36</dc:creator> <pubDate>Sat, 31 Jul 2010 16:06:17 +0000</pubDate> <guid
isPermaLink="false">http://blogs.alternet.org/speakeasy/?p=13485#comment-29161</guid> <description>You are entirely too kind.  &quot;Outright thieves&quot; usually can offer some reasonable semblance of a &#039;need&#039; for that which they steal.  These scumbags are evil exploiters how happen to use thievery, among other tactics, to gain wealth and power to expand their exploitation.  They are less respectable than cockroaches...indeed, so far as human societies are concerned these criminals are a disease, like cancer, and should be treated as such.</description> <content:encoded><![CDATA[<p>You are entirely too kind.  &#8220;Outright thieves&#8221; usually can offer some reasonable semblance of a &#39;need&#39; for that which they steal.  These scumbags are evil exploiters how happen to use thievery, among other tactics, to gain wealth and power to expand their exploitation.  They are less respectable than cockroaches&#8230;indeed, so far as human societies are concerned these criminals are a disease, like cancer, and should be treated as such.</p> ]]></content:encoded> </item> <item><title>By: acritic</title><link>http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/#comment-29153</link> <dc:creator>acritic</dc:creator> <pubDate>Sat, 31 Jul 2010 15:45:01 +0000</pubDate> <guid
isPermaLink="false">http://blogs.alternet.org/speakeasy/?p=13485#comment-29153</guid> <description>I agree, give them jail time and a fine that will really hurt. These guys are outright THIEVES.</description> <content:encoded><![CDATA[<p>I agree, give them jail time and a fine that will really hurt. These guys are outright THIEVES.</p> ]]></content:encoded> </item> <item><title>By: magiart</title><link>http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/#comment-29098</link> <dc:creator>magiart</dc:creator> <pubDate>Sat, 31 Jul 2010 13:22:42 +0000</pubDate> <guid
isPermaLink="false">http://blogs.alternet.org/speakeasy/?p=13485#comment-29098</guid> <description>These multi-billionaires are merely mortal assholes with an avarice addiction.  &lt;br&gt;&lt;br&gt;Unfortunately the government we pay for worships and works for them - not us.&lt;br&gt;&lt;br&gt;If our government did the work we pay them to do, don&#039;t we see - they&#039;d all be doing long hard time.  The money they stole and the industries they shipped out would be siezed and returned to us.  But under those ideal conditions that we were taught were actual, these lying and swindling parasites would not have had the balls to rip us off with the magnitude they did - or ship away industries leaving their fellow citizens in the lurch...this global debacle would NOT have occured because even these insolent idiots would have had respect for a law that was really law because it was justice for ALL.&lt;br&gt;&lt;br&gt;We have become &#039;Les Miserables&#039;</description> <content:encoded><![CDATA[<p>These multi-billionaires are merely mortal assholes with an avarice addiction.</p><p>Unfortunately the government we pay for worships and works for them &#8211; not us.</p><p>If our government did the work we pay them to do, don&#39;t we see &#8211; they&#39;d all be doing long hard time.  The money they stole and the industries they shipped out would be siezed and returned to us.  But under those ideal conditions that we were taught were actual, these lying and swindling parasites would not have had the balls to rip us off with the magnitude they did &#8211; or ship away industries leaving their fellow citizens in the lurch&#8230;this global debacle would NOT have occured because even these insolent idiots would have had respect for a law that was really law because it was justice for ALL.</p><p>We have become &#39;Les Miserables&#39;</p> ]]></content:encoded> </item> <item><title>By: usmarks</title><link>http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/#comment-29080</link> <dc:creator>usmarks</dc:creator> <pubDate>Sat, 31 Jul 2010 11:46:57 +0000</pubDate> <guid
isPermaLink="false">http://blogs.alternet.org/speakeasy/?p=13485#comment-29080</guid> <description>Maybe they are too big to prosecute. I think they won the 2008 auction so they own the government for at least the next four years.</description> <content:encoded><![CDATA[<p>Maybe they are too big to prosecute. I think they won the 2008 auction so they own the government for at least the next four years.</p> ]]></content:encoded> </item> <item><title>By: gazooks</title><link>http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/#comment-29061</link> <dc:creator>gazooks</dc:creator> <pubDate>Sat, 31 Jul 2010 09:57:18 +0000</pubDate> <guid
isPermaLink="false">http://blogs.alternet.org/speakeasy/?p=13485#comment-29061</guid> <description>&quot;This deference to the elites who wrecked the economy just keeps playing out.&quot;&lt;br&gt;&lt;br&gt;And will continue to do so because they own the institutional regulators. Goldmans&#039; $800M presidential campaign contribution to Obama had nothing to do with aspirations to redeeming social or economic justice.&lt;br&gt;&lt;br&gt;&quot;...our financial system is doomed to repeat the same excesses and abuses we’ve seen over the past decade.&quot;&lt;br&gt;&lt;br&gt;This is overwhelmingly clear. The gravy train to investment bankings&#039; large investors requires a Fed policy of quantitative easing to maintain the grossly artificial valuations underpinning business investment. There are only two potential scenarios, and the deflationary option which fast tracks valuations to reality is simply politically untenable for either so-called party. It&#039;s a tough, multi-decade slog recovering from a deflationary depression with unemployment topping 35% and the associated nightmarish complications of social instability.&lt;br&gt;&lt;br&gt;Rather, time is bought through a period of inflationary maintenance of artificial valuation until that too collapses the economy in a firestorm of hyperinflation. From the governmental viewpoint, you don&#039;t seriously fuck with the institutions that you&#039;ll need to transition to the next monetary regime.&lt;br&gt;&lt;br&gt;Meanwhile, sacrificial goats will occasionally be paraded through the criminal courts, but only because they&#039;ve conveniently overstepped in their greedy excesses.</description> <content:encoded><![CDATA[<p>&#8220;This deference to the elites who wrecked the economy just keeps playing out.&#8221;</p><p>And will continue to do so because they own the institutional regulators. Goldmans&#39; $800M presidential campaign contribution to Obama had nothing to do with aspirations to redeeming social or economic justice.</p><p>&#8220;&#8230;our financial system is doomed to repeat the same excesses and abuses we’ve seen over the past decade.&#8221;</p><p>This is overwhelmingly clear. The gravy train to investment bankings&#39; large investors requires a Fed policy of quantitative easing to maintain the grossly artificial valuations underpinning business investment. There are only two potential scenarios, and the deflationary option which fast tracks valuations to reality is simply politically untenable for either so-called party. It&#39;s a tough, multi-decade slog recovering from a deflationary depression with unemployment topping 35% and the associated nightmarish complications of social instability.</p><p>Rather, time is bought through a period of inflationary maintenance of artificial valuation until that too collapses the economy in a firestorm of hyperinflation. From the governmental viewpoint, you don&#39;t seriously fuck with the institutions that you&#39;ll need to transition to the next monetary regime.</p><p>Meanwhile, sacrificial goats will occasionally be paraded through the criminal courts, but only because they&#39;ve conveniently overstepped in their greedy excesses.</p> ]]></content:encoded> </item> <item><title>By: noinks</title><link>http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/#comment-28955</link> <dc:creator>noinks</dc:creator> <pubDate>Fri, 30 Jul 2010 20:43:04 +0000</pubDate> <guid
isPermaLink="false">http://blogs.alternet.org/speakeasy/?p=13485#comment-28955</guid> <description>Would Mussolini have prosecuted them? Use that perspective and you won&#039;t be surprised or disappointed.</description> <content:encoded><![CDATA[<p>Would Mussolini have prosecuted them? Use that perspective and you won&#39;t be surprised or disappointed.</p> ]]></content:encoded> </item> <item><title>By: annacatherine</title><link>http://blogs.alternet.org/speakeasy/2010/07/30/where-are-the-prosecutions-sec-lets-citi-execs-go-free-after-40-billion-subprime-lie/#comment-28923</link> <dc:creator>annacatherine</dc:creator> <pubDate>Fri, 30 Jul 2010 18:31:31 +0000</pubDate> <guid
isPermaLink="false">http://blogs.alternet.org/speakeasy/?p=13485#comment-28923</guid> <description>Zach, did you really believe that there would be any criminal charges brought against any of these people?  Truth is some things and some people are &quot;Too Big To Fail&quot;. At least in the way we&#039;d like to see them crash and burn. But they did get their wings clipped with the Wall St. Reform Bill. I do wonder now and again why the hell Martha Stewart landed in jail. It was NOT insider trading. She probably wonders too.</description> <content:encoded><![CDATA[<p>Zach, did you really believe that there would be any criminal charges brought against any of these people?  Truth is some things and some people are &#8220;Too Big To Fail&#8221;. At least in the way we&#39;d like to see them crash and burn. But they did get their wings clipped with the Wall St. Reform Bill. I do wonder now and again why the hell Martha Stewart landed in jail. It was NOT insider trading. She probably wonders too.</p> ]]></content:encoded> </item> </channel> </rss>
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