"bpuharic" wrote in message
...
On Tue, 20 Apr 2010 21:59:16 -0700, "Bill McKee"
wrote:
"bpuharic" wrote in message
. ..
Yessirree, boy, you got to hand it to the GOP. after the worst
meltdown in 80 years, and fresh from their meeting with the US chamber
of commerce and wall street CEO's to plan on how they're going to
fight regulation of the financial markets, the GOP is getting TOUGH!!
they're going to
investigate the SEC for investigating goldman sachs....
they're not investigating goldman sachs....
they're feelling sorry for the wall street giant that got billions of
public funds...so they're investigaing the cops:
http://www.washingtonpost.com/wp-dyn...l?hpid=topnews
way to go!!
This is a political whitewash of Goldman-Sachs and the government. Is a
Civil suit
because american law does not allow prosecution of the rich for
criminal offenses. no matter WHAT GS did, the law protects the rich
. GS cooperated with the SEC and all of the sudden the SEC files
a civil suit. Not a normal mode of business by the SEC. There would be
meetings and fines and other penalties, before it ever got to a civil
suit.
This is a ploy to make it look like they are doing something.
the SEC should be disbanded and replaced by an agency that has some
teeth...and some indepdendence
They have both. They just do not bite the hands that control them.