Letting No Disaster Go To Waste, SEC Prepares To Let Lehman Executives Walk For Repo 105 Fraud

Tyler Durden's picture

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Sat, 03/12/2011 - 11:59 | 1044353 downwiththebanks
downwiththebanks's picture

Why should Lehman executives go to jail when the working people of Wisconsin caused the crisis?

Now, cue the phony outrage . . . 

Sat, 03/12/2011 - 12:06 | 1044371 AN0NYM0US
AN0NYM0US's picture


Sat, 03/12/2011 - 12:29 | 1044441 Twindrives
Twindrives's picture

Fuck up Obama will be playing golf with these same guys next week.

Sat, 03/12/2011 - 13:41 | 1044580 cdskiller
cdskiller's picture

This thread just went off the rails.

Sat, 03/12/2011 - 15:10 | 1044790 JW n FL
JW n FL's picture

Thank God for the Republicans!!! Bite Your Tongue Sir!!! Not Your Thumb!!!


Thank God the Lobby Saved the Bankers!!!


Free the Bankers Bitchez!!!


Lil Bush Part Duex in Technicolor "Change You Cant Fucking Believe Didnt Happen"...

Sat, 03/12/2011 - 15:32 | 1044838 Michael
Michael's picture

When someone criticizes Obama, it doesn't necessarily mean they are cheering for the republicans.

The Lehman's are shareholders in the New York Federal Reserve Corporation. Any Questions?



Sat, 03/12/2011 - 15:48 | 1044877 JW n FL
JW n FL's picture

Lil Bush Part Duex in Technicolor "Change You Cant Fucking Believe Didnt Happen"...


is Obama.. you fruit.

Sat, 03/12/2011 - 17:29 | 1045028 Pegasus Muse
Pegasus Muse's picture

When does the Reign of Terror begin in America?  What will it take? 


Sat, 03/12/2011 - 17:26 | 1045024 IQ 145
IQ 145's picture

 nice. good research.

Sun, 03/13/2011 - 07:16 | 1046213 Bringin It
Bringin It's picture

Michael - since you showed up, you've been posting some great stuff.  Thanks.

Sat, 03/12/2011 - 14:18 | 1044689 Savyindallas
Savyindallas's picture

really, really funny. sounds like a line from Dick Fuld's testimony. maybe someone can put together a Utube highlight video - the best best of Dick Fuld and Lloyd Blankfein Congressional testimony. Hard to believe these pathetic, weasily little piece of shits are maters of the universe - or at least henchmen and stooges for the masters of the universe. Can't they do better than that? Actually, i think the Rothschilds think it's all very funny  -a joke on us. I'm sure they sit their and laugh while those two rich clowns   lie their asses off amidst evewn worse assclowns like barney frank and the former Chris dodd.

Sat, 03/12/2011 - 22:43 | 1045507 sun tzu
sun tzu's picture

You union parasite bastards should leech off the banker parasites instead of the middle class. Where were the union protesters when the bankers were being handed billions? No outrage back then as the union parasites were too busy stealing what was left from the taxpayers

Sat, 03/12/2011 - 11:59 | 1044357 fuu
fuu's picture


Sat, 03/12/2011 - 12:23 | 1044431 victor82
victor82's picture

Yes you will. Barack Obama and Erick Holder are the Banksters' Poodles.

Matt Taibibi has written a couple of very serious, penetrating articles for Rolling Stone magazine about the Fraudclosure Scandal, the Rocket Docket, and the failure to put Banksters behind Bars.

But, as Matt is a member in good standing of the MSM, and a good partisan Democrat, he refuses to walk back the cat to the reason why the Southern District of New York isn't prosecuting Banksters: they bought protection back in 2007 by giving generously to Obama's campaign. 

In turn, there will be some harsh words towards these economic war criminals, but no serious prosecutions, such as happened when Bill Black was one of the RTC's head regulators. I seem to recall that many of them went to prision in those days.

This doesn't relieve the Bushie Syndicate of their responsibility for what happened during the Fraudclosure Era. It simply indicates that the Banksters bought Protection against the day when the Republicans would be ushered out of town and the "Lefties" ushered into town by the Sheeple. And HopeNChange, like an old Roman Patrician Senator, is a bought politician.

Once Obama is bought, he stays bought. There is something to say for that, after all.

Sat, 03/12/2011 - 12:37 | 1044459 Duuude
Duuude's picture

"I seem to recall that many of them went to prision in those days."




Sat, 03/12/2011 - 13:27 | 1044558 JW n FL
JW n FL's picture


Sat, 03/12/2011 - 14:00 | 1044645 NewThor
NewThor's picture

Wait? You mean Obama and his staff, of which about 37% came from Goldman Sachs,

isn't looking out for the well being of the American people and their future?


What's next? Are you gonna tell me some crazy jibber jabber that his Supreme Court

choice, Elena Kagan was a member of the Research Advisory Council of Goldman Sachs

from 2005 to 2008?

Oh. Wait. Never mind. I just remembered, I voted for Obama.

And then, I began to curse his evil name the day he appointed Tim "I'm really fucking evil"

Geithner to the Treasury.

Carry on!


Sat, 03/12/2011 - 14:19 | 1044687 tamboo
tamboo's picture

they all happen to belong to the secret tribe, just a coincidence i guess.


Sat, 03/12/2011 - 15:47 | 1044869 Michael
Michael's picture

If you voted for Ron Paul last time You would be growing and smoking your own pot right now, and the criminals would be in jail by now.

You'll know better next time.

Sat, 03/12/2011 - 16:24 | 1044936 NewThor
NewThor's picture

I will vote for Ron Paul in 2012 if...

A) He is running.

B) He is still alive.

C) Our country is still standing.

Sat, 03/12/2011 - 20:59 | 1045318 Freewheelin Franklin
Freewheelin Franklin's picture

Ron Paul wasn't on the ballot in the general election in 2008. Instead, he supported the Constutition Party candidate, whose name I can't seem to recall.

Sun, 03/13/2011 - 14:01 | 1046801 LauraB
LauraB's picture

The Constitution Party candidate was Chuck Baldwin.  Everyone needs to register Republican this time around to vote for Ron Paul in the primaries so we can get him on the ballot.

Sat, 03/12/2011 - 13:04 | 1044525 alien-IQ
alien-IQ's picture

then this should make you just a little madder...

From Huff post today:

Fed Report Finds No Wrongful Foreclosures By Banks

WASHINGTON, D.C. -- A months-long internal investigation into abusive mortgage practices by the Federal Reserve found no wrongful foreclosures, members of the Fed's Consumer Advisory Council said Thursday.

During a public meeting attended by Fed chairman Ben Bernanke, consumer advocates on the panel criticized the central bank's examiners for narrowly defining what constitutes a "wrongful foreclosure." At least one member of the panel, comprised of consumer finance experts not employed by the Fed, voiced concerns that the public would not take the Fed's findings of improper practices seriously, since the wide-ranging review did not find a single homeowner who was wrongfully foreclosed upon.


Sat, 03/12/2011 - 14:24 | 1044699 NewThor
NewThor's picture

" A months-long internal investigation into abusive mortgage practices by the Federal Reserve found no wrongful foreclosures..."

For having only 2 mandates, the Federal Reserve seems to have their tentacles and testicles in everything.


Sat, 03/12/2011 - 12:02 | 1044359 SwingForce
SwingForce's picture

At some point, the Buck must stop.

Sat, 03/12/2011 - 12:03 | 1044364 downwiththebanks
downwiththebanks's picture

It has - in Wisconsin.

Yesterday ZeroHedgers were giddy at the thought of the real culprits getting the shank.

This should be a day of celebration.  

Sat, 03/12/2011 - 12:20 | 1044416 Tyler Durden
Tyler Durden's picture

Are you really so confused you think our financial collapse is a zero sum either/or, where either the banks or the unions are at fault?

Sat, 03/12/2011 - 12:22 | 1044429 downwiththebanks
downwiththebanks's picture

Are you really so confused as to not realize there's a Class War taking place?  It's not about the unions - it's about the working people and those who bleed them dry.

Someone has to pay the bills.  Your mock outrage over banker-gangster criminality is pretty transparent, Tyler, after the last couple of days.

Sat, 03/12/2011 - 12:38 | 1044465 H. Perowne
H. Perowne's picture

Last couple of days? Did we forget to pop a Ritalin this AM? Short attention span much? This site has been going after banksters for the last two years or so. Corrupt bankster pigmen or corrupt union pigmen . . . both are helping themselves at the taxpayer trough and gangbanging the soon-to-be-extinct middle class.

There is only one war here worth fighting . . . the war against criminals.

Sat, 03/12/2011 - 15:20 | 1044811 JW n FL
JW n FL's picture

The Zombie Corporations (Bank or Not) who control the Lobby Dollars and then thusly Control the Goobermint.. 


They have Commited Treason Against "We the People".


Until this informaiton is digested by the broader masses the rest of us will suffer along with the ignorant.


As of right now the Duely Elected Rule, we need for the popular idea to be Truth Bound and Boradly Accepted before we can Legally Effect Real Change.


Our Fate is Tied to the Fate of the Ignorant.

Sat, 03/12/2011 - 15:46 | 1044856 Zero Govt
Zero Govt's picture

Correct JW....  but don't expect any of these crooks or their cronies in DC or the Regulators to fall on their sword or suddenly have an 'I See the Light' moment ..these WS and State parasites are pathalogical liars and will cling-on to the bitter end until they are physically removed from office and banged up in jail (or something not nice)

This is economic and moral War..... get your pitchforks ready, there's no other way

Sat, 03/12/2011 - 15:55 | 1044885 JW n FL
JW n FL's picture

I have rope! for Hanging these scumbags from the Trees on the White House Lawn for Treason.  

I have Bullets.. so when the scumbag fucking Law Enforcement / Police want to shoot un-armed Americans http://www.youtube.com/watch?v=vyzoNCJvy4c I will be shooting back...

I am / have been ready for a good long while.. lets go already! FUCK'EM!!!! ALL!!!!


Sat, 03/12/2011 - 16:22 | 1044932 gorillaonyourback
gorillaonyourback's picture

sad but true. we have to wait till the ignorant get hungry before they sheepishly come out of there cave dwellings.  got no money for pizza to watch the game, hey im getting hungry, what the fuck who took my american dream.

Sat, 03/12/2011 - 18:03 | 1045070 Bob
Bob's picture

Great delivery, that.  Funny!

Sat, 03/12/2011 - 19:51 | 1045231 Zero Govt
Zero Govt's picture

Yep, we're going to have to wait for the sheeple to get angry (lose it).....2013 to 2014 is my estimation before we see pitchforks down the streets based on waiting for the economy to meltdown and that news to really sink in... the American 'political' dream (and European socialists) was one big sack of shit all along ...that'll send the sheepies over the edge

Sat, 03/12/2011 - 12:47 | 1044489 Gargoyle
Gargoyle's picture

And your Woody Guthrie-esque romanticizing of "the working man" as portrayed by patronage hacks in Wisconsin is an anachronism.  These aren't working people, they're grubby ward heelers.

Sat, 03/12/2011 - 13:35 | 1044590 SRV - ES339
SRV - ES339's picture

And you are one of the corporate elite's "useful idiots"... nice to know all that cash didn't go to waste.

Sat, 03/12/2011 - 20:16 | 1045266 Bendromeda Strain
Bendromeda Strain's picture

Oh shit - I hope there is some cash left over!


Sat, 03/12/2011 - 22:50 | 1045542 sun tzu
sun tzu's picture

Are you a paid union parasite living off union members dues?

Sat, 03/12/2011 - 13:45 | 1044610 cdskiller
cdskiller's picture

Come on, Gargoyle, this article is about Lehman walking. It's about institutionalized crime on the highest level. Wisconsin has nothing to do with this.

You want to slam somebody and call them names, do it to Fuld. Do it to Bernanke. Do it to Paulson. Do it to everyone who let these crimes become so widespread.

Or better yet, go back to watching Fox.

Sat, 03/12/2011 - 14:56 | 1044771 rocker
rocker's picture

+3 @cds.....    Although, I would add Lloyd Blankfein from "Godman Shafts", J. Diamon from "The Morque", and V. Pandit from "Shitty Bank". 

Sat, 03/12/2011 - 22:52 | 1045550 sun tzu
sun tzu's picture

If you were too stupid to notice, the first post was making the greedy union hacks out to be victims when they are nothing more than wannabe bankers who couldn't graduate from high school. Go back to watching PMSNBC 

Sat, 03/12/2011 - 17:40 | 1045042 rich_wicks
rich_wicks's picture

This is about the rule of law not being enforced.  It has nothing to do with Wisconsin.  It has to do with the criminality of our Federal government.

Sat, 03/12/2011 - 12:59 | 1044514 Bob
Bob's picture

Apparently, the finance community right down to the rabble-rousing young Turks are driven to be "fair and balanced" (in their minds) to a fault.  Seems everybody has to share blame, regardless of scale, and the degree of blame is apparently unqualifiable, therefor dependant upon nothing more substantive than the eyes of the beholder.

You might find it strange that the finance community seems so poorly equipped to appropriately weight the relative "blame" . . . actually, it stands out as a bizarrely incomprehensible disability in this context. 

My impression is that it's just too much fun to beat on the little guys in a orgiastic celebration of honor and political legitimacy among finance people. 

It appears that they really don't get it. 

Sat, 03/12/2011 - 14:16 | 1044677 NumberNone
NumberNone's picture

Douchebag...it's all related.  The banksters helped create the state pension mess as much as they helped create the overall fiscal crisis we are in now.  Read Matt Taibbi or do a litte homework.  Here's a great little article to start with...


Sat, 03/12/2011 - 17:44 | 1045046 rich_wicks
rich_wicks's picture

Douchebag...it's all related.  The banksters helped create the state pension mess as much as they helped create the overall fiscal crisis we are in now. 


The reason bankers do this, is because they know they won't be prosecuted.

People need to understand now, that the government has given them a license to steal.  You need to take appropriate actions to protect yourself.  This means getting money that doesn't have counter party risk.

Sat, 03/12/2011 - 16:03 | 1044882 Michael
Michael's picture


Didn't I chastise you in a previous thread for spouting mindless drivel? Apparently everything they say about your kind is true.

Bottom line, the public unions are there to protect the high levels of spending the system needs to feed on.

Lower spending levels to balance in every state and the beast starves. It's not rocket science. 

Sat, 03/12/2011 - 19:34 | 1045215 SRV - ES339
SRV - ES339's picture

Have you always had this short sighted myopic view of the world, or was it the green dye... btw you're right, it's not rocket science... how come you don't get it?

Sat, 03/12/2011 - 22:56 | 1045572 sun tzu
sun tzu's picture

How far off the ground were you when your mother shat you out? We don't give a damn about those parasitic union fuckers. They were busy stealing what was left while the bankers were looting. 

Sat, 03/12/2011 - 13:14 | 1044543 velobabe
velobabe's picture

tyler, zerohedge got huge shout outs on max keiser's, on the edge with david decraw. ampedstatus.com. you are very powerful and brilliant with instigating your anonymous status for these last two years. i get it now. it is really working. he put you in the same league as the anonymous group, leading the war against all the bankstars etc.

busting balls, durden†

Do NOT follow this link or you will be banned from the site!