It is way beyond time for both the SEC and Congress to rein in the Wall Street banksters. It is time for the DoJ both at the federal level and state level to thoroughly investigat
e the shenanigans by the Wall Street banksters and begin, finally, prosecutions of those responsible at the national and international levels.
While the Wall Street banksters are getting fat again because they have not reformed their practices of fleecing their rubes.
The corruption of Wall Street has been aided and abetted by the corporate "ratings" agencies. Why else would Standard & Poors rate new subprime mortgage bonds get AAA while the USA gets downgraded? This is clearly a war by the financial rulers against any rules to rein in their amoral behavior that has harmed millions of people in innumerable ways (e.g., pension funds have been decimated through their investments on Wall Street).
Why not declare that the financial markets poise a clear and present danger to America and nationalize Wall Street financial firms in order to really get at their "books" to see the amoral wizardry that has mired the world in a recession?
http://www.huffingtonpost.com/2011/09/19/sec-plan-would-ban-underwriters-taking-profits-investors_n_969687.html
While the Wall Street banksters are getting fat again because they have not reformed their practices of fleecing their rubes.
The corruption of Wall Street has been aided and abetted by the corporate "ratings" agencies. Why else would Standard & Poors rate new subprime mortgage bonds get AAA while the USA gets downgraded
Why not declare that the financial markets poise a clear and present danger to America and nationaliz
http://www.huffingtonpost.com/2011/09/19/sec-plan-would-ban-underwriters-taking-profits-investors_n_969687.html