Jim Hightower: Where's the Cop on the Wall Street Beat?

[marmar]

Published on Wednesday, April 10, 2013 by Creators.com

Where's the Cop on the Wall Street Beat?
Back at law firm as a $4 million a year 'zealous advocate' for Wall Street

by Jim Hightower


Bankers gone wild! Let's tally some of their crimes:

* JPMorgan Chase engaged in massive, systematic fraud to foreclose without cause or due process on innocent homeowners, tossing thousands of families into the streets.

* Goldman Sachs profited by marketing an investment package that was designed to fail, collecting fat fees on each sale to unsuspecting investors who lost millions, while the bank also collected millions more from a side bet it made that, sure enough, its package would be a loser.

* For years, HSBC has been butt deep in a swamp of despicable, illegal money-laundering schemes, willingly processing billions of dirty dollars for vicious drug cartels and peddlers of arms to terrorist forces at war with America.

Many more examples abound. These are not poor saps desperately robbing a branch bank for a few hundred dollars, but criminal enterprises run by multimillionaire Wall Streeters who run in the finest social circles, are celebrated by the media and hobnob with the nation's political elite.

Their corruption is complete; their crimes are documented. Yet, unlike sad-sack bank robbers, none of these Robbing Bankers have even been prosecuted, much less jailed. In fact, as revealed on PBS's "Frontline" program earlier this year, frustrated prosecutors who served in the Justice Department's criminal division two years ago report that "when it came to Wall Street, there were no investigations going on. There were no subpoenas, no document reviews, no wiretaps." .....................(more)

The complete piece is at: http://www.commondreams.org/view/2013/04/10-2

[Nay]

1. Taking bribes. nt