How America's biggest banks took part in a nationwide bid-rigging conspiracy!!!!!l

[spiritguide]

This article shows the bond skimming that was done and how we the taxpayers got taken again and again. Most of all it shows the government still dealing with criminals and not enforcing the criminal laws to the full extent.

But this just-completed trial in downtown New York against three faceless financial executives really was historic. Over 10 years in the making, the case allowed federal prosecutors to make public for the first time the astonishing inner workings of the reigning American crime syndicate, which now operates not out of Little Italy and Las Vegas, but out of Wall Street.

Lengthly read but vivid picture of the system and it's criminals including crooked politicians at all levels. Here is the link to the story......

http://www.rollingstone.com/politics/news/the-scam-wall-street-learned-from-the-mafia-20120620?print=true

This article puts color to the connected dots.

[penn]

When they get sentenced all they will get is up to 5 years in jail. Do they pull their license too?

[spiritguide]

When they get sentenced all they will get is up to 5 years in jail. Do they pull their license too?

As mentioned, the law enforcement folks are part of this whole scheme. Steal a hundred million and get a fine and slap on the wrist, write a bad check for food for a starving family and get sentenced for 10-20 yrs. Justice is determined by how much mony you have not by the severity of the crime.

[Mark]

Good point spirit-guide. The reluctance of the system to deal with "white-collar" crime is indicative of the fact that the system was not set up to deal with it as those engaged in those crimes are generally ensconced within the institutions that make up the system, therefore they are, technically, a part of the system and therefore, they are supposed to be invisible. Economic crime results in lowered potentiality for those without access to the economics at the level of these players, lowered standard of living as joblessness increases, as companies stop hiring and yet corporations continue to build wealth. Real people get poor while fake people (corporations) get richer and richer. The illusion that capitalism is available to anyone no longer holds up to close scrutiny. The bones of the system are being revealed as the corrupt and anti-human as any casual reader of Western history will see by just a general recounting of the Ages of Discovery, Imperialism and Colonization.

Something that starts off bad has little chance of ever getting better.

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