Wouldn't there be a RICO case for Wall Streeters who got dereg & appointees to ease fraud?

[yurbud]

The whole point of deregulation and appointing their own to oversight agency seems to have been to make it easier to first defraud the public and now defraud taxpayers and the government.

Is there a way to make a RICO case out of something like that?

(not that it would be done of course).

[indepat]

1. Don't know about making a case, but no one with even borderline intelligence and a smattering

of knowledge could fail to realize racketeering on a vast scale was the modus operandi. :P

[Turbineguy]

2. That was the whole point of changing the law

to make stealing legal.

[asjr]

3. Did AIG get their bail out money on Bush's

watch? If so, why all the questions about Obama?

[stillcool]

4. Nothing that happened before Jan 20th matters..

[JackRiddler]

5. AIG got the swag from both administrations...

So if Obama wants to avoid this he can STOP THE BAILOUTS & establish a national bank to replace the irretrievably failed Wall Street financial scam-cum-system.