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      08-18-2011, 03:13 PM   #3
dth656
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Quote:
Originally Posted by M3Bahn View Post
Is the SEC Covering Up Wall Street Crimes?A whistle-blower claims that over the past two decades, the agency has destroyed records of thousands of investigations, whitewashing the files of some of the nation's worst financial criminals.




http://www.rollingstone.com/politics...rimes-20110817



S.E.C. Files Were Illegally Destroyed, Lawyer Says

http://www.nytimes.com/2011/08/18/bu...eges.html?_r=2

uhm no sh*t. the SEC, fed, treasury, are all LOADED w/ wallstreet alums (take goldman sachs as an example). guess which was the only counterparty that AIG made whole (using taxpayer money) during the financial collapse...yep, you guessed it, goldman sachs.

i seriously don't understand why more americans aren't more irate about any of this. maybe basic finance and economics are beyond them--who knows. a lot of my friends from grad school went into banking and trading, and many of them admit its a charade.
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