You will be pleased to know that although Elizabeth Warren was not
exactly my favorite candidate for the Senate, I think she did one
hell of a good job in her first official hearing:

http://www.huffingtonpost.com/2013/02/14/elizabeth-warren-bank-regulators_n_2688998.html?ir=Politics


Why can't these politicians just answer the question honestly? "I'll
have to get back to you on that ...." LOL !

On 2/15/13 8:26 AM, Eisboch wrote:
You will be pleased to know that although Elizabeth Warren was not
exactly my favorite candidate for the Senate, I think she did one hell
of a good job in her first official hearing:

http://www.huffingtonpost.com/2013/02/14/elizabeth-warren-bank-regulators_n_2688998.html?ir=Politics



Why can't these politicians just answer the question honestly? "I'll
have to get back to you on that ...." LOL !


I've seen the clips of her attempts to get real answers out of the
regulators. She's a pistol. A lot of the banksters and stocksters should
have done the "perp" walk for what they did, but they know that the
fines they get for what they do is just a cost of doing business, and
that criminal prosecution is not in the cards. Maybe it will be, someday.

It's interesting to contrast her understated, intellectual approach with
that of the over the top antics of, say, Lindsay Graham.

On Fri, 15 Feb 2013 08:32:35 -0500, "F.O.A.D." wrote:

criminal prosecution is not in the cards. Maybe it will be, someday.

====

I believe it is very much in the cards for tax fraud.

On 2/15/13 1:40 PM, wrote:
On Fri, 15 Feb 2013 12:17:19 -0400, Wayne B
wrote:

On Fri, 15 Feb 2013 08:32:35 -0500, "F.O.A.D." wrote:

criminal prosecution is not in the cards. Maybe it will be, someday.

====

I believe it is very much in the cards for tax fraud.

"Tax fraud"? I didn't think those guys had to pay taxes. ;-)

Unfortunately most of what the big shots did was legal. The illegal
activity was done in the loan process itself and liability really only
goes as high as the people who condoned it.
You might see managers of the loan departments getting prosecuted but
they are not going after the borrowers who perjured themselves on loan
applications and probably not the people who accepted/coached those
applications.
Before you get to the big fish, you will bump into a written policy
that all loan applications are supposed to be true and all loans are
investigated, even if they knew it was a joke.

It is like government regulatory agencies with mission statements and
standards that are impossible to achieve with the resources they have.



Banksters and Stocksters...the best and brightest of America.


--
I'm a *Liberal* because I knew militant christian fundamentalist racist
militaristic xenophobic corporate oligarchy wasn't going to work for me.

On Feb 15, 12:54*pm, "F.O.A.D." wrote:

I'm a *Liberal* because I knew militant christian fundamentalist racist
militaristic xenophobic corporate oligarchy wasn't going to work for me.

That's nice....

In article d3419c32-1b48-4146-9a66-7f5a3c03c2c9
@u7g2000yqg.googlegroups.com, says...

On Feb 15, 12:54*pm, "F.O.A.D." wrote:

I'm a *Liberal* because I knew militant christian fundamentalist racist
militaristic xenophobic corporate oligarchy wasn't going to work for me.

That's nice....

So Harry went into the completely legitimate field of union organizing.

On Fri, 15 Feb 2013 13:40:27 -0500, wrote:

On Fri, 15 Feb 2013 12:17:19 -0400, Wayne B
wrote:

On Fri, 15 Feb 2013 08:32:35 -0500, "F.O.A.D." wrote:

criminal prosecution is not in the cards. Maybe it will be, someday.

====

I believe it is very much in the cards for tax fraud.

"Tax fraud"? I didn't think those guys had to pay taxes. ;-)

=====

Probably not if they play their cards right. I'm not so sure about
our friend FOAD however. I think he probably gets a chill everytime
the federal marshalls arrest someone.

On Feb 15, 10:40*pm, Wayne B wrote:
On Fri, 15 Feb 2013 13:40:27 -0500, wrote:
On Fri, 15 Feb 2013 12:17:19 -0400, Wayne B
wrote:

On Fri, 15 Feb 2013 08:32:35 -0500, "F.O.A.D." wrote:

criminal prosecution is not in the cards. Maybe it will be, someday.

====

I believe it is very much in the cards for tax fraud.

"Tax fraud"? I didn't think those guys had to pay taxes. *;-)

=====

Probably not if they play their cards right. *I'm not so sure about
our friend FOAD however. * I think he probably gets a chill everytime
the federal marshalls arrest someone.

Maybe someone should forward Harrys address to the IRS.....