60 Minutes - The case against Lehman Brothers

[Svnla]

http://www.cbsnews.com/8301-18560_1...-lehman-brothers/?tag=contentMain;cbsCarousel

Long read but worth it. It is amazed to see how the filthy rich got away with repeating outright fraud and scams. So far, no one is in jail for their misdeeds. The SEC is declined all interview requests from CBS News. DoJ is silent, not a peep.

As I said before, R and D are just different sides of the same coin, the one that is in the pocket of the filthy rich. I do LOL whenever I see the left posters say "but but but...Republicans are for the rich".

 

[nehalem256]

Long read but worth it. It is amazed to see how the filthy rich got away with repeating outright fraud and scams. So far, no one is in jail for their misdeeds. The SEC is declined all interview requests from CBS News. DoJ is silent, not a peep.

They shouldn't be in jail. But only because they were put 6 feet underground.

 

[Farang]

Note there is an option to watch instead of read

 

[lotus503]

http://www.cbsnews.com/8301-18560_1...-lehman-brothers/?tag=contentMain;cbsCarousel

Long read but worth it. It is amazed to see how the filthy rich got away with repeating outright fraud and scams. So far, no one is in jail for their misdeeds. The SEC is declined all interview requests from CBS News. DoJ is silent, not a peep.

As I said before, R and D are just different sides of the same coin, the one that is in the pocket of the filthy rich. I do LOL whenever I see the left posters say "but but but...Republicans are for the rich".

Truth

 

[Vic Vega]

D and R are the same. Ds love big business, which is why the love the minimum wage laws - it forces the little guys out of business, leaving only big players - which can be controlled through regulations and back room deals, which allows Ds more control over the populace. Rs aren't any better.

 

[xaeniac]

It is an outrage no one went to jail over he financial crisis. I emailed the DoJ right after it happened and have yet to receive a response.

 

[wirednuts]

D and R are the same. Ds love big business, which is why the love the minimum wage laws - it forces the little guys out of business, leaving only big players - which can be controlled through regulations and back room deals, which allows Ds more control over the populace. Rs aren't any better.

what><!>? minimum wage just ensures people make enough money to buy a mcdouble for dinner that night. if you think min wage prevents small business from operating competitively then i hope youre never someones boss

 

[DrewSG3]

D and R are the same. Ds love big business, which is why the love the minimum wage laws - it forces the little guys out of business, leaving only big players - which can be controlled through regulations and back room deals, which allows Ds more control over the populace. Rs aren't any better.

What the fuck?

 

[trenchfoot]

What the fuck?

Yeah, my jaw dropped on that one, and I let out one of those Tim the Toolman "Huuuuuuhhhh?" of which I haven't done in quite awhile in this forum. lol

 

[Bowfinger]

This is the sort of thing the Republicans should be hammering Obama about ... but they can't because they're even more firmly in bed with Wall Street. Neither party represents the so-called 99% when it comes to oversight and accountability for the financial sector. The two-party system is broken.

 

[trenchfoot]

http://www.cbsnews.com/8301-18560_1...-lehman-brothers/?tag=contentMain;cbsCarousel

Long read but worth it. It is amazed to see how the filthy rich got away with repeating outright fraud and scams. So far, no one is in jail for their misdeeds. The SEC is declined all interview requests from CBS News. DoJ is silent, not a peep.

As I said before, R and D are just different sides of the same coin, the one that is in the pocket of the filthy rich. I do LOL whenever I see the left posters say "but but but...Republicans are for the rich".

Fair enough in this particular instance and some others. However, there are ideological differences between the two parties that are worlds apart. When Pres. Obama wants to raise taxes on the rich and lower taxes on the middle class and the poor and the Repubs want to do the exact opposite, well, what can I say? And there's numerous other examples similar to what I just described. Take legislating "Voter Fraud" laws that the Repubs are enacting everywhere and whenever they can, of which the Dems are vehemently against as just another obvious example of many.

 

[gevorg]

the case should be against the whole Wall Street

 

[MrColin]

Fair enough in this particular instance and some others. However, there are ideological differences between the two parties that are worlds apart. When Pres. Obama wants to raise taxes on the rich and lower taxes on the middle class and the poor and the Repubs want to do the exact opposite, well, what can I say? And there's numerous other examples similar to what I just described. Take legislating "Voter Fraud" laws that the Repubs are enacting everywhere and whenever they can, of which the Dems are vehemently against as just another obvious example of many.

I'll add that the Dems specialize in blowing smoke up our asses while the Repubs specialize in bringing the hammer down on our heads.

I predict that when the Repubs get to work on the ACA, the "Affordable" and the "Care" aspects will disappear pretty fast. It will look a lot like rape. The Dems will have charmed us and lured us into the back alley, only to have thier friends the repubs jump out of the shadows when we're vulnerable. Let's just hang them all.

 

[dmcowen674]

60 Minutes - The case against Lehman Brothers

http://www.cbsnews.com/8301-18560_1...-lehman-brothers/?tag=contentMain;cbsCarousel

Long read but worth it. It is amazed to see how the filthy rich got away with repeating outright fraud and scams. So far, no one is in jail for their misdeeds.

No doubt Rich Republicans Rule

 

[soulcougher73]

As I said before, R and D are just different sides of the same coin, the one that is in the pocket of the filthy rich. I do LOL whenever I see the left posters say "but but but...Republicans are for the rich".

They are both for the rich, but Repubs actually admit it outright while the Dems dont talk about it.

So when 95% of the nation is middle class or less and you hear someone talking about lowing taxes on the top 1%..it doesnt sound good.

 

[the DRIZZLE]

What the fuck?

Do you really not understand how many regulations provide big business with a competitive advantage over smaller competitors?

 

[rudder]

Do you really not understand how many regulations provide big business with a competitive advantage over smaller competitors?

Not many people do. A large corporation can afford to wade through a regulatory nightmare. With some industries, regulations make it very expensive and next to impossible for small starts up to exist.

When anti-big government people scream about too many regulations, the left froths at the mouth assuming we all want to return to the wild west with no controls. This is simply not true. A lot of government regulations have terrible consequences (i.e., ethanol mandates) and some make situations that a free market could correct (such as housing bubble) worse.

The government needs to be reduced in size and scope.

 

[Exterous]

No doubt Rich Republicans Rule

Yes, thankfully the 3 Democratic SEC commissioners, some of who were appointed by Obama, stepped in and brought charges...

 

[Darwin333]

This is the sort of thing the Republicans should be hammering Obama about ... but they can't because they're even more firmly in bed with Wall Street. Neither party represents the so-called 99% when it comes to oversight and accountability for the financial sector. The two-party system is broken.

Its kind of hard when not only did the Bush admin not throw any of the bastards in jail but almost ALL of the assholes up there are bought and paid for in someway by the people they would be calling to be jailed.

 

[Darwin333]

No doubt Rich Republicans Rule

Are you aware of who the boss of the Department of Justice currently is? Just curious....

 

[Texashiker]

It is an outrage no one went to jail over he financial crisis. I emailed the DoJ right after it happened and have yet to receive a response.

They probably printed your email, then used it to wipe their butt.

Rob a bank and you go to jail.

Banks robs us, and nothing happens.

 

[Darwin333]

Fair enough in this particular instance and some others. However, there are ideological differences between the two parties that are worlds apart. When Pres. Obama wants to raise taxes on the rich and lower taxes on the middle class and the poor and the Repubs want to do the exact opposite, well, what can I say? And there's numerous other examples similar to what I just described. Take legislating "Voter Fraud" laws that the Repubs are enacting everywhere and whenever they can, of which the Dems are vehemently against as just another obvious example of many.

Lol, as long as the ubber wealthy get to continue fucking all of out of insane sums of money with complete impunity or at the worst a fine that is a few percent of the profit they made from their illegal activity, do you really think they give a fuck if their taxes are a few percent higher?

This should be the absolute biggest issue this election, restoring the rule of law and ensuring that we are ALL subjected to it equally. They have gotten away with a plethora of crimes that have defrauded every single person in this country in one way or another and not only have they not been charged but they got to keep the illgotten gains. This all but guarantees that it will happen again and again and again until the rule of law is finally restored.

 

[Darwin333]

They probably printed your email, then used it to wipe their butt.

Rob a bank and you go to jail.

Banks robs us, and nothing happens.

Oh come on, sometimes they have to pay a fine!

But to use your bank robbery example, it would be like robbing a bank for $100,000, getting caught, and instead of going to jail you get to keep the money but must pay a $10,000 fine.

 

[lotus503]

Fair enough in this particular instance and some others. However, there are ideological differences between the two parties that are worlds apart. When Pres. Obama wants to raise taxes on the rich and lower taxes on the middle class and the poor and the Repubs want to do the exact opposite, well, what can I say? And there's numerous other examples similar to what I just described. Take legislating "Voter Fraud" laws that the Repubs are enacting everywhere and whenever they can, of which the Dems are vehemently against as just another obvious example of many.

I agree there are idealogical differences between people, but not really in politics. Sure they rail on wedge issues to appear different, but actionable policy is really about the same,

 

[EagleKeeper]

No doubt Rich Republicans Rule

Are you aware of who the boss of the Department of Justice currently is? Just curious....

Either does not know or does not care.

Broken record.

A Rich Republican would offer him a job and he will have the oral fortitude to reject it because of the party affiliation.

Yet if it being a Rich Democrat, no problem; name is spelled differently.