Covering Up Wall Street Crimes: Matt Taibbi Exposes How SEC Shredded Thousands of Investigations

[EFerrari]

An explosive new report in Rolling Stone magazine exposes how the U.S. Securities and Exchange Commission destroyed records of thousands of investigations, whitewashing the files of some of the nation’s largest banks and hedge funds, including AIG, Wells Fargo, Lehman Brothers, Goldman Sachs, Bank of America and top Wall Street broker Bernard Madoff. Last week, Republican Sen. Chuck Grassley of Iowa said an agency whistleblower had sent him a letter detailing the unlawful destruction of records detailing more than 9,000 information investigations. We speak with Matt Taibbi, the political reporter for Rolling Stone magazine who broke this story in his latest article, "Is the SEC Covering Up Wall Street Crimes?"

http://www.democracynow.org/2011/8/23/covering_up_wall_street_crimes_matt

[disillusioned73]

1. K&R... for visibility.

:dem: edit; I see the anit-Taibi sect is out en force ;)

[closeupready]

2. Who at the SEC was responsible for approving such destruction?

I'm curious if anyone knows?

[EFerrari]

4. He talks a little bit about the unit that was doing it

but I don't remember their title, I'm sorry.

[CanSocDem]

3. Explains the lack of criminal charges...

...against the true criminals of society.

k&r

.

[CleanGreenFuture]

5. Why isn't Wall Street being torn down brick by brick? Why aren't any

heads rolling at the SEC? I heard the S&P's guy just resigned, though. Getting the hell out of town I would imagine.

[EFerrari]

6. Anonymous is planning something:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1795492