Why Prosecutors Don't Go After Wall Street - NPR

[Cant trust em]

Get ready to get depressed.

http://www.npr.org/2011/07/13/137789065/why-prosecutors-dont-go-after-wall-street?sc=tw&cc=freshair

[PoliticAverse]

1. So Geithner did not sit there and say 'Oh you cannot bring cases.' But...

he expressed a strong concern for the markets that really gives a slow down message."

[kenny blankenship]

2. I see, the rule is if you're already rich whatever you're doing to get richer can't be a crime.

Only poor people really commit crimes against property being the underlying, silent assumption.

[PoliticAverse]

5. "Too big to be prosecuted"... n/t

[joeybee12]

3. Ok, so the guidelines were issued in 2008, under Bush...why can't those

guidelines be re-written? Unless I'm missing something, they don't need Congressional approval...this is up tot he justice department's discretion, and now Holder heads that...so what gives? One can only assume he agrees with the guidelines.

[checks-n-balances]

7. Maybe because Holder worked for Bush on an interim basis...

http://en.wikipedia.org/wiki/Eric_Holder

[CrossChris]

4. Why in the world wouldn't they do it again, then? They'd be crazy not to. They're too big to jail.

[PoliticAverse]

6. Exactly. It becomes simply an economically rational decision... n/t

[Wilms]

8. x-post - FDIC Chairwoman: Mortgage Industry ‘Didn’t Think Borrowers Were Worth Helping’

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=439&topic_id=1486570&mesg_id=1486570

[Mimosa]

9. No wonder the Repigs want to kill NPR.

But for NPR, Mother Jones, Rolling Stone and Christian Science Monitor we'd not get any truth.

[shanti]

10. the hubris!

check this out from the story:

The guidelines — known as deferred prosecution agreements — have permitted financial companies to avoid indictments if they agree to investigate and report their own crimes.

the foxes are indeed watching the henhouse, and *ush arranged it. why aren't the feds looking into this??