yea, this guy is ashamed & embarrased, because he got caught! if he didn’t get caught, we’d never hear anything about this gentleman and all the money he stole…..
I say put him in next to Bernie and assign Tyrone to be his cell mate. He will then learn the true meaning of being a “kid”. He and his boss Stanford should not see the light of day again especially if Tyrone does his thing.
We should all take every chance we get to point out that HSBC knowingly laundered billions of dollars for Mexican drug cartels, terorrist groups, and rogue states under international financial sanctions, and it did so for many years, yet not one person will face any criminal prosecution. Not one person responsible for blatant criminal SOX violations in the run up to the financial crisis has or will face prosecution. Not one “too big to fail” entity has become smaller since the crash. Not one telco that knowingly broke the law to aid the military regime has or will face punishment.
But if you dare to embarrass the ruling class or do something to gain the attention of a powerful connected company the DoJ can and will bring the full force of government to bear on you. Sometimes this ends badly, such as the recent tragic suicide of Aaron Schwartz for accessing federally funded academic research which was subsequently released to the public for free. For this “terrible crime” he was threatened with a lifetime in prison. Or the businesses in places like Montana and California that are operating to the letter of the laws of the state in which they operate yet are attacked with threats of life imprisonment by the DoJ.
This is what “justice” looks like in America today. All I have learned is that we have essentially codified into law the fact that no matter the degree of recklessness or criminality we will let Wall Street do whatever it darn well wants to. We have allowed our justice system to become weaponized and turned into another tool in the brutal class war of the past 30 years. Sadly all the internet has done is create a virtual pitchfork mob that can be played by the media like a fiddle. Regardless of political affiliation we are all statists at heart. Unless we all speak up and change this, our long term prospects for a free nation are quite grim.
And in case anyone thinks I’m exaggerating, here are the words of Assistant Attorney GEneral Lenny Breuer:
MARTIN SMITH: “You gave a speech before the NY Bar Asscn, and in that speech you made a reference to losing sleep at night, worrying about what a lawsuit might result in at a large financial institution.”
LANNY BREUER: “Right”
M. SMITH: “Is that really the job of a prosecutor, to worry about anything other than simply pursuing justice?”
L. BREUER: “Well, I think I am pursuing justice. And I think the entire responsibility of the department is to pursue justice…But if I bring a case against institution A, and as a result of bringing that case, there’s some huge economic effect — if it creates a ripple effect — it’s a factor we need to know and understand.”
Get it now? Liberty and Justice For All, unless Justice could cause a destablizing effect. That, folks, is LITERALLY the Department of Justice stating, on television, that Too Big To Fail also means Too Big To Jail.
Now do we think this truly the best approach? Of course not. The only thing this does is pull back the wizard curtain for us common folk and show quite clearly how and why too big to fail firms can literally finance terrorist regimes and launder billions of drug money and expect consequences no more severe than a few days’ revenue.
yea, this guy is ashamed & embarrased, because he got caught! if he didn’t get caught, we’d never hear anything about this gentleman and all the money he stole…..
I say put him in next to Bernie and assign Tyrone to be his cell mate. He will then learn the true meaning of being a “kid”. He and his boss Stanford should not see the light of day again especially if Tyrone does his thing.
We should all take every chance we get to point out that HSBC knowingly laundered billions of dollars for Mexican drug cartels, terorrist groups, and rogue states under international financial sanctions, and it did so for many years, yet not one person will face any criminal prosecution. Not one person responsible for blatant criminal SOX violations in the run up to the financial crisis has or will face prosecution. Not one “too big to fail” entity has become smaller since the crash. Not one telco that knowingly broke the law to aid the military regime has or will face punishment.
But if you dare to embarrass the ruling class or do something to gain the attention of a powerful connected company the DoJ can and will bring the full force of government to bear on you. Sometimes this ends badly, such as the recent tragic suicide of Aaron Schwartz for accessing federally funded academic research which was subsequently released to the public for free. For this “terrible crime” he was threatened with a lifetime in prison. Or the businesses in places like Montana and California that are operating to the letter of the laws of the state in which they operate yet are attacked with threats of life imprisonment by the DoJ.
This is what “justice” looks like in America today. All I have learned is that we have essentially codified into law the fact that no matter the degree of recklessness or criminality we will let Wall Street do whatever it darn well wants to. We have allowed our justice system to become weaponized and turned into another tool in the brutal class war of the past 30 years. Sadly all the internet has done is create a virtual pitchfork mob that can be played by the media like a fiddle. Regardless of political affiliation we are all statists at heart. Unless we all speak up and change this, our long term prospects for a free nation are quite grim.
And in case anyone thinks I’m exaggerating, here are the words of Assistant Attorney GEneral Lenny Breuer:
MARTIN SMITH: “You gave a speech before the NY Bar Asscn, and in that speech you made a reference to losing sleep at night, worrying about what a lawsuit might result in at a large financial institution.”
LANNY BREUER: “Right”
M. SMITH: “Is that really the job of a prosecutor, to worry about anything other than simply pursuing justice?”
L. BREUER: “Well, I think I am pursuing justice. And I think the entire responsibility of the department is to pursue justice…But if I bring a case against institution A, and as a result of bringing that case, there’s some huge economic effect — if it creates a ripple effect — it’s a factor we need to know and understand.”
Get it now? Liberty and Justice For All, unless Justice could cause a destablizing effect. That, folks, is LITERALLY the Department of Justice stating, on television, that Too Big To Fail also means Too Big To Jail.
Now do we think this truly the best approach? Of course not. The only thing this does is pull back the wizard curtain for us common folk and show quite clearly how and why too big to fail firms can literally finance terrorist regimes and launder billions of drug money and expect consequences no more severe than a few days’ revenue.
It is a great national shame.