View Single Post
      08-18-2011, 04:13 PM   #3
First Lieutenant

Drives: e90 330i
Join Date: Dec 2006
Location: cali

iTrader: (0)

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.

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

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.
go bears