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Watch The Release Of FCIC's Financial Crisis Inquiry Report Live
At 10:00 am Eastern, the FCIC will release the final version of its 500+ page Inquiry report, which will disclose that all of Wall Street is one big fat fraud, populated by criminals, who never go to jail, and whose settlement arrangements with the SEC is at most 1/50th of the illegally obtained profits. We will present the full report as soon as it is released: it will provide countless hours of reading entertainment. In the meantime, below is the live release of the report to a live monkey audience.
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When is a crime not considered criminal? A: When it's hatched on Wall Street.
http://english.aljazeera.net/indepth/opinion/2011/01/201112515638111296....
Nah, you miss the enablement proxy - regulatory capture and corrupt government agency collusion.
With both Washington DC, and Wall Street orchestrating blame, there is plausable deniability -- which is absolutely key to marginalizing accountability and the collusion that exists. This is by design. With two scapegoats how could either one possibly have seen it coming (I point at you, you point at me, and together we both walk scott-free!)??
How else can one explain the massive (and I mean MASSIVE) coverup of fraud enabled by government, and covered up by government. By no accident, the US taxpayer was the target, complete with a $787 billion bonus pool.
But it's a Blue Ribbon panel; populated with America's finest minds! Will it risk telling us the truth or is this another Warren Commission in the making?
More like the comedy of the 9/11 commission report...
Did you say "blue ribbon"? Boy am I appeased.
Yeah, those red ribbon panels really suck.
Aaaand the DOW surges on the open.
Jobless claims surge, market surges.
Criminality exposed.
Market Surges.
No such thing as good or bad news, all news is hereby declared odorless and falvourless.
ORI
http://aadivaahan.wordpress.com/2011/01/26/a-ha-ahahaha/
When you bet against the markets, you are betting against America. Where have all the patriots gone?
HOLLYWOOD!
co-locating in robotTrader's mom's basement.
Didn't you know the markets are omniscient? All news - good, bad, subtle, inane, or outrageous - has already been priced in for all events that will occur over the next five years.
Hah!
ORI
Mandatory sentences ahead?
http://news.yahoo.com/s/ap/20110126/ap_on_bi_ge/us_securities_fraud_law_2
Yeah, for the little people and selected scapegoats only.
I hope there are some funny cartoons in it because otherwise my attention span of 50 seconds without entertainment won't cut it...
Dear Wall St. Fraudsters and Washington Government lackies;
Could you please leave this once great nation alone?
still some meat left on the bones. Enough to make some soup out of it!
Well due to bizarre out of human control circumstances, they are the only ones that can fix this mess! Did you not watch the video at all?
Whitewash.
Later today: FCIC releasing its report on the crash of 1929.
http://www.thedailybell.com/1713/US-Panel-Blames-Banks-for-2008-Meltdown...
In my neck of the woods a woman was just convicted of a felony fraud. Why? Becasue she lived in one city and sent her kids to a school in another city (using her parent's home address). All she wanted was a better education for her children. A single working mom of two (although she did live in subsidized housing), who was also about a semester away from her teaching degree. Yet we endorse AND reward fraud on Wall St. Welcome to America!
Outrageous.
Actually, it's "Mission Accomplished."
Sounds about right. Rules are for the "small people".
Here in NC, you can only do that if your kids can run fast or dunk a basketball.
pods
Inquiry? Sure that's not Immunity? Or is that sort of Orwellian like, where inquiry=immunity...
I fully expect the report to say nothing new. No-one specifically to blame. Carry on....
They round up combatants at Gitmo, and hold them there forever. The FBI makes a sweeping bust of the Mafia family bosses and their up-an-coming lieutenants. Why not a big round up of all the financial mafia-especially before they have a chance to squirrel away every last cent of their loot to who knows where?
Stock market is up, My streets were plowed, My deli ham is still $3.99/ LB. Whats the problem?
Actually, it's a shockingly good report. I'm surprised. Of course, it will go nowhere. The Republican members dissented and are trying to blame it all on greedy homeowners.
wow what a bunch of impotent limp dicks
"you better not break the law or else we will write a report and you'll be sorry because we said bad things about you" ....yeah, now that's a deterrent
Give me just a billion bucks and you can say whatever the fuck you want to about me, you pussies!
Oh, and in case anybody's reading who actually has the ability to do something....one may criticize me for "just bitching" and may ask "well, what do you expect us to do...what do you want?" Well here is what I want....I want a steady stream of press releases that begin like this:"Today, the (fill in law enforcement agency name here, such as FBI) announced it is investigating (fill in bankster name and organization here) for financial crimes..."
I want there to be a very long list of announcements covering a lot of people, many of whom are well known. So get to work on it assholes! Need to hire more people? Well good news for you based on today's UI numbers. Problem solved.
wow what a bunch of impotent limp dicks
"you better not break the law or else we will write a report and you'll be sorry because we said bad things about you"
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Good to see Brooksley Born still active
It amazes me How the Old man has escaped being Tarred and feathered - truely amazing
Banks got you by the balls?
What a sick joke.
I've never seen a more twisted, perverted system in my life.
Something is going to break down and crash the whole system. Bernanke was apparently hellbent on creating a very volatile and explosive situation, and he's succeeded.
One can only hope.
pods
The comical thing about these findings is that they act as if something has materially changed in the system since all of these 'mistakes' happened. Nothing has changed you dimwits!
So all of Part 3, Chapter 6 pins the entire boom and bust on the Federal Reserve. Chapters 7, 8, and 9 were about the system of fraud created around an incredible amount of money the Fed was pumping into the economy. The thing reads like Tom Woods' "Meltdown" book.