On 4/21/10 1:17 PM, Wayne.B wrote:
On Wed, 21 Apr 2010 13:06:36 -0400,
wrote:

Hundreds, if not thousands, of wall streeters and
bankers and insurance execs should be rounded up, charged with fraud,
conspiracy, and operating a criminal enterprise, and tried.

It would be difficult to find charges that would stick unless you
overturned the constitution. The big outfits like Goldman spend
hundreds of millions every year on top notch legal talent to ensure
that they operate (barely) within the law. If you were able to get
convictions, substantial numbers of donors to your favorite political
party would find themselves in the gray bar hotel and that also seems
unlikely.


Sorry, I don't buy it. Throw enough government lawyers and contracted
law firms at the mess, and they'll surely find charges that will stick.
Convicting a few hundred suits and sending them to the slammer would do
wonder for restoring a bit of integrity to the investment con job
business. And we also need much, much tighter oversight of the
"investment biz." Penny ante thieves go to prison. So should the big
time thieves in the "investment" biz.

Perhaps these "investment" clowns should be bonded. If they act
imprudently, the bonding companies would make restitution and then work
with prosecutors to make sure the crooks are tried in criminal courts.


--
The Tea Party's teabaggers are just the Republican base by another name.