Banks Offer Paltry $5 Billion In Exchange For Full Expungement Of Robogate Charges And Complete Release Of Any Future Claims

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Tue, 05/10/2011 - 21:02 | 1261166 israhole
israhole's picture

As long as we stand for it, we'll be subverted by rats.

Tue, 05/10/2011 - 21:36 | 1261245 XenoFrog
XenoFrog's picture

In a fair world, people would be able to rob banks, then offer to return 1% of the money in exchange for the dropping of all charges without admitting the robber did anything wrong.

Tue, 05/10/2011 - 21:54 | 1261326 MissCellany
MissCellany's picture

Hell, yes...and that way, at least some of the money would end up in PEOPLE's hands...

Tue, 05/10/2011 - 22:00 | 1261343 Cdad
Cdad's picture

I hope the state AGs do settle.  It will hasten the revolution.

Tue, 05/10/2011 - 22:18 | 1261409 Careless Whisper
Careless Whisper's picture

Where is nine inch Spitzer when we need him? He fined Pauly Walnuts and tha boys $1.4 Billion in 2002 for some stupid IPO pumping. He would have these bankstas begging, begging, to pay $100 Billion to be left alone.

Tue, 05/10/2011 - 22:32 | 1261472 downwiththebanks
downwiththebanks's picture

Why do you think they got him?

Tue, 05/10/2011 - 23:16 | 1261649 rocker
rocker's picture

+10   Why yes, they took him out while Wallstreet gives us the CNBC whores for Jamie Dimon drewing over him on air.

Who gets to do him first, Michelle, Melisa or Karen.  What a Pig Show.  At least Bloomberg has class. 

Tue, 05/10/2011 - 23:17 | 1261658 rocker
rocker's picture

Thinking about this a bit more. So who gets to do Lord Blackass, (Blankfein).  Big Ben or Tiny Tim.  Interesting. Hmmmm. 

Tue, 05/10/2011 - 23:07 | 1261617 Problem Is
Problem Is's picture

4 inch Spitzer was thoroughly neutered...

The Eunuch Spitzer can now be seen pontificating on TeeVee...

Wed, 05/11/2011 - 00:34 | 1261825 sun tzu
sun tzu's picture

Revolution? Funny. I bet 99% of the population don't even know what the banks did. They'll be happy that the banks had to fork over $5 billion and the state AG's will run for re-election with this "victory" under their belts.

Wed, 05/11/2011 - 07:24 | 1262177 Ace Ventura
Ace Ventura's picture

I wouldn't say only 1% are aware, probably more like 4 or 5%. As for the rest of what you said, unfortunately I find myself in whole-hearted agreement.

If there is a positive note, a revolution can be started once 15-20% critical mass is achieved. Naturally, trying to achieve that mass in the current amerikan societal landscape of iGadget idiot-box cheetos junkies is something of a 'challenge'.

(Oh, who am I kidding! We're freakin' doomed!)

Tue, 05/10/2011 - 22:25 | 1261410 G-R-U-N-T
G-R-U-N-T's picture

How come government and banks get to practice looting lawlessness while we get our ass kicked?

Perhaps battered wife's syndrome is in fashion these days and American's just likes to have the living shit kicked out of them over and over and over and over again and again and again and again...

Tue, 05/10/2011 - 23:19 | 1261663 rocker
rocker's picture

 They run the nation.  President has nothing to do about any of this stuff.

Tue, 05/10/2011 - 23:20 | 1261667 rocker
rocker's picture

Did I say run the nation.     My Bad.......   They ruin the nation.  One household at a time.

Tue, 05/10/2011 - 22:59 | 1261584 bigelkhorn
bigelkhorn's picture

Yes! And bank tards have our best interest at hand. We are so screwed people. Not proud to be an american some days. The market is bat shit crazy. 

That guy from FFT is oz is good, I been following him for a while and he called the market crash in 2008. 


I belong to his membership site, its awesome and has live videos and everything to follow along. 

Makes it easy to take money from the market even if you are a newbie!. 


His new monthly trading club is opening tomorrow, and over at :-

Wed, 05/11/2011 - 01:05 | 1261870 Ben Fleeced
Ben Fleeced's picture

If you are going to punk a junk, claim it you f'n breeding females dependent upon your mothers teet for sustenance.

@Bigelkhorn=((not so much+(hellx2)+NO))/grammar

free kick in the throat award belongs to...


Tue, 05/10/2011 - 21:07 | 1261168 Don Quixotic
Don Quixotic's picture

"Banks are less likely to sign off on any deal that doesn't provide a broad release of claims from state attorneys general in the most populous states."

OK, so let them refuse to sign and let's take this thing to court. Why are we not ok with that?



Tue, 05/10/2011 - 21:09 | 1261175 Rynak
Rynak's picture

Whom do you mean with "we"?

Tue, 05/10/2011 - 23:27 | 1261679 rocker
rocker's picture

Exactly,  Jail First.  Compensation after.  Just like Bernie Madoff.  Bernie needs a angel doing God's work.

 Please...................................................Somebody............But his ass in Jail with Bernie.

Tue, 05/10/2011 - 21:08 | 1261170 Gubbmint Cheese
Gubbmint Cheese's picture

They are going to push people too much.. And then there will be absolutely no going back... Why they don't see that danger is beyond me..

Tue, 05/10/2011 - 21:12 | 1261185 docj
docj's picture

Ask the elite Parisians from 1796. This current crop is no smarter or more sophisticated (or are imbued with less hubris) than they, so of course they don't 'see it coming'.

Then again, they didn't have French Idol and McPierre's back then to keep the rabble occupied.

Tue, 05/10/2011 - 21:22 | 1261219 Meatier Shower
Meatier Shower's picture

Yeah, but they had plenty of cake.

Wed, 05/11/2011 - 01:11 | 1261879 Ben Fleeced
Ben Fleeced's picture

"Why they don't see that danger is beyond me.."

Uhnle33 u r knot Uhmerican u needz sum englicks sxills.

What danger plagues your house m'lord?

Tue, 05/10/2011 - 21:06 | 1261173 trainrobbery
trainrobbery's picture

Too big to fail!

Too big to fine????  What?  

Tue, 05/10/2011 - 21:08 | 1261179 Rynak
Rynak's picture

"Fine" now simply stands for "price to ignore laws".

Tue, 05/10/2011 - 21:50 | 1261312 Amish Hacker
Amish Hacker's picture

Right. Kind of like membership dues in the Masters of the Universe Club.

Tue, 05/10/2011 - 23:59 | 1261776 Rynak
Rynak's picture

Tax-deductable via monetization too. Pay first, get it back afterwards at the next bailout.

Tue, 05/10/2011 - 21:06 | 1261174 docj
docj's picture

Yep, it's a joke alright. And the joke is on us sheeple.


Tue, 05/10/2011 - 21:09 | 1261176 whiskycreek
whiskycreek's picture

over 28 million views and counting...go viral



Tue, 05/10/2011 - 21:23 | 1261223 Meatier Shower
Meatier Shower's picture

This version is far superior.

Tue, 05/10/2011 - 21:55 | 1261322 whiskycreek
whiskycreek's picture

10k views vs. 28 million....ya stay there

Tue, 05/10/2011 - 22:33 | 1261465 Careless Whisper
Careless Whisper's picture

the financial collapse won't be pretty


Wed, 05/11/2011 - 10:01 | 1262675 Meatier Shower
Meatier Shower's picture

So you judge the quality of a video only by the number of views it has?

You must think that Fred is high quality also.

Fucking sheep.

Wed, 05/11/2011 - 04:31 | 1262040 WakeyWakey
Wed, 05/11/2011 - 04:43 | 1262041 WakeyWakey
WakeyWakey's picture

and the above video is from 2007 before the financial crisis and includes the line 'Wall street crime will never send you to the slammer'.

This shit has gotta be stopped.

Wed, 05/11/2011 - 06:05 | 1262107 overmedicatedun...
overmedicatedundersexed's picture

Big criminals never pay it's the law of the jungle- our bankers wrote it and bought it in the courts and congress..don't like it too bad.

Tue, 05/10/2011 - 21:07 | 1261177 KingdomKum
KingdomKum's picture

It's time to rise up and protest this gross injustice


Tue, 05/10/2011 - 21:39 | 1261267 Vic Vinegar
Vic Vinegar's picture

Go for it dude.  Protest it!

Tue, 05/10/2011 - 22:36 | 1261482 downwiththebanks
downwiththebanks's picture

If you do, prepare to get attacked viciously on these pages by those who favor austerity for everyone but the banker-gangsters who have brought the economic system to its knees.

Wed, 05/11/2011 - 01:19 | 1261895 Ben Fleeced
Ben Fleeced's picture

Comprehension much?

Wed, 05/11/2011 - 04:21 | 1262034 downwiththebanks
downwiththebanks's picture

I comprehend that whenever people take to the streets to protest their legitimate grievances, and it's covered on ZeroHedge, the Keyboard Cowboys come out in force.

Wed, 05/11/2011 - 07:53 | 1262236 chubbar
chubbar's picture

What "downwithbanks" is alluding too here are the
threads concerning the Wisconsin Public workers
Several posters took the position that it was
entirely possible that a 160K salary for a bus
driver, a job whose barrier to entry is about 30
minutes of practice in an empty parking lot,paid
for by 40K/yr taxpayers MIGHT be something
considered excessive. It was also concluded that
this salary doesn't exist in the private sector
thus lending credibility to the idea that SOME
of the public sector workers are overpaid as a
result of union power and threats. An
idea that caused apoplectic fits by "downwithbank
It was also pointed out that Public Sector workers
are paid by taxpayers, NOT out of the personal funds
of Bankers. Thus lending credibility to the idea
that ZH posters can be against both bankers AND
the concept of overpaid gov't workers. THAT is
what is sticking in the craw of "downwithbanks"
and is responsible for his inability to get past
the Wisconsin Public Union meme. He finds it
inconsistent to question the high salary of a taxpaid
bus driver as well as the billion dollar bonus of
a taxpaid banker. go figure.

Tue, 05/10/2011 - 21:07 | 1261178 Mec-sick-o
Mec-sick-o's picture

Attorneys and Banksters lying together.


Tue, 05/10/2011 - 21:08 | 1261181 Arkadaba
Arkadaba's picture

Let's chill out. Hate everything that is happening in the world today but one of my favs: Note that I don't recommend going awal as a trading strategy but, wtf:

Tue, 05/10/2011 - 21:10 | 1261187 Smartie37
Smartie37's picture

How many dollars CENTS per fraudulent title is that ?!?

Tue, 05/10/2011 - 21:14 | 1261191 Ecoman11
Ecoman11's picture

Nobody will care. Carry on.

Tue, 05/10/2011 - 21:17 | 1261197 max2205
max2205's picture

It really too bad states are that desperate for cash that they'd settle for this amount. Banks know it too. This is worse than TARP!

Tue, 05/10/2011 - 21:14 | 1261198 gbresnahan
gbresnahan's picture

I think $500 billion is more like it.  We're long overdue to send the banks a crystal clear message that the game is over.

Tue, 05/10/2011 - 21:15 | 1261199 buzzsaw99
buzzsaw99's picture

Why don't they just threaten to crash the market again? Extort me bitchez!

Tue, 05/10/2011 - 21:19 | 1261202 max2205
max2205's picture

It really too bad states are that desperate for cash that they'd settle for this amount. Banks know it too. This is worse than TARP!

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