The Steady Enmity Of Powerful People (Or "Crime Does Pay After All")

Via Golem XIV's blog,

“Crime doesn’t pay.”

Actually it does, handsomely. If you are a banker or large financial player, it pays wonderfully. You get filthy rich committing the crimes and after... you continue to get filthy rich.

What doesn’t pay is reporting crime.

Not long ago I read a rather good book about a small number of honest people who did not understand this dirty fact. It was a book telling the stories of the handful of honest and tragically idealistic insiders who blew the whistle about banking fraud and crime during the Global Bank Debt Crisis.  It was full of disturbing facts. Not the least of which is that not one of their stories ended well.

All of the stories involved the whistleblower following the law and reporting their concerns.

In every story the result was being threatened with punitive, some might say vindictive, legal action by the very banks whose wrong doing they had reported.  In every case the ‘Proper Authorities’, in charge of regulating the banks, hung the whistleblowers out to dry.

All the whistleblowers were blackballed from their profession and lost their livelihoods. The majority lost their homes. Another disturbing common thread was that many of the whistleblowers, who had been well paid, and respected employees of the banks, found that as soon as they went public with their complaint, they were accused, by the banks, of being mentally unstable and in need of detention in a mental facility. Many lost their family as a result.  In every case the leading politicians of all the major parties in the whistleblowers’ country, ignored the whistleblower and closed ranks with the banks and the regulators.  Very often they too would join the banks in solemnly suggesting the Whistleblower had had some sort of tragic mental breakdown and was now unstable or delusional.

But the most depressing thing about the book is that it was never published.

One of the stories, in this unpublished book, concerned the UniCredit whistleblower, Jonathan Sugarman, who is a close friend.  I have a detailed knowledge of his case. Over the years I have watched as the Financial Inquisitors repeatedly threatened and intimidated him. And he was intimidated. They are powerful people. Yet I have never seen him silenced nor recant his heresies.

I have seen him unable to keep down his breakfast before yet another inquisition. I have seen him cringe with embarrassment at having to borrow a pair of shoes so he could look smart when testifying, because he had none. I know other friends have helped. Because he cannot do it all alone. It is not possible.

And yet in all the years we have known each other Jonathan has never asked me for anything. Until now...

Something has happened. I don’t know what. Perhaps it is just the steady enmity of powerful people that has finally taken its toll. Perhaps it is trying to attend too many empty and rigged enquiries in too many places.  I don’t know.

I you feel you could help in even the smallest way please click on this link and listen to Jonathan himself - https://www.patreon.com/posts/personal-of-on-18978650

Comments

serotonindumptruck ZENDOG Mon, 06/04/2018 - 16:19 Permalink

Lawmakers have enacted whistle-blower protections for a reason.

Once an employee blows the whistle on criminal wrongdoing, then that employee should expect and anticipate that their employer's legal "Big Guns" are going to come out.

Corporate America will stop at nothing to maintain the status quo, and whistle-blowers represent a grave threat to their continued existence.

Corporate America will kill whistle-blowers if deemed necessary.

It will literally be a fight for survival at that point, as the corruption within US corporate society has reached a point where you either play along and get rich, or you tell the truth and be destroyed.

In reply to by ZENDOG

JelloBeyonce Bigly Mon, 06/04/2018 - 18:22 Permalink

Zuckerberg is a front, a face to put in front of a giant corp that is vastly enriching the largest institutional shareholders, the same shareholders that effective own & control the largest corporations in most every industry. The same shareholders that are helping members of Congress get vastly richer too.

Congress will do nothing, as action would negatively affect their profits. Public statements, such as "This needs to be investigated and the people responsible need to be held accountable." are merely a way of placating the mindless masses. They publicly make statements as part of a PR campaign, then hope the public attention eventually dies down, with the revelation of the next big scandal.
The voting public have relatively short attention spans, and will eventually be distracted by something else.

In reply to by Bigly

Hubbs Mon, 06/04/2018 - 15:08 Permalink

Yes it pays, and pays well. Just like a doctor who is paid, and paid well by the Plaintiff's attorney, to testify against the Defendant doctor in a medical malpractice case. The whole system, from criminal to civil to medical to political to financial, is teeming with lying, stealing and every sort of corruption you could imagine , and then some you could not!

Lordflin Mon, 06/04/2018 - 15:10 Permalink

I don't know about the rest of you, but my anger has steadily mounted these past years.

Personally, I am comfortable... even after the rape I took in PMs back in 2013... I have my farm, a beautiful wife, and my dogs who go for long walks with me in the woods.

Watching the cruelty innacted upon innocents by those wielding power is... it is becoming unbarable. How much longer are we going to tollerate the outrageous injustices perpetrated by those who would hold themselves our betters?

We are heading to civil war... and as a consequence they will take us to world war.

MoreFreedom Benito_Camela Mon, 06/04/2018 - 15:46 Permalink

I've got more hope.  Voters are asking themselves "Am I better off now?" and the answer is usually nope, so they're voting for outsiders.  And the insiders trying to game the system (e.g., look at all the RINOs in the 2016 GOP presidential primary) are losing anyway.  Still the swamp is trying to insert their people into the administration, but Trump seems to be firing more people every month than say the Bushes, Clinton, or Obama did during their entire terms.  And then, he's got guys who are polar opposites (e.g., Mnuchen and Navarro) and it appears Trump is making the final decisions for major policy.  Or look at Italy. 

When Mueller's probe is over, and if the GOP keeps the House, look for more significant changes, and criminals in government going to jail.

In reply to by Benito_Camela

not dead yet MoreFreedom Mon, 06/04/2018 - 17:10 Permalink

Ah another well intended dreamer who will be sorely disappointed in the end. When first elected to the swamp the dogooder has no power, it's all about seniority unless you have clout backing you like swamp rat Hillary when she was elected to the senate, and is controlled by the party. Play ball or they shove you in a corner and support someone else to take your seat. By the time dogooder has clout he's joined the swamp as he enjoys the power and perks and could give a rats ass about the dreamers who elected him. The swampers know all the skeletons in every swampers closet, a priority for self preservation, and unless your a pedo or baby raper none of them will ever go to jail or get financially destroyed. Rich they will surely be. With the media chock full of establishment cheerleaders pumping out propaganda there is nothing for Americans to wake up too. ZH, Moon of Alabama, and other alternative media are only now making a slight dent and the powers that be are making sure it goes no farther as the censorship movement against "fake media" is in full swing by government and corporate supported real fake media.

In reply to by MoreFreedom

Benito_Camela Winston Churchill Mon, 06/04/2018 - 15:17 Permalink

Yes exactly. And I point to this fact as but one piece of evidence that the so-called "liberal" media is only "liberal" when it comes to the gossip and identity politics. Otherwise they are, and have been since at least the 1920s, in the pockets of the oligarchy and Israel.  Each new generation wouldn't have to re-learn this if it was a constant, consistent theme in the media. 

In reply to by Winston Churchill

looseal Mon, 06/04/2018 - 15:54 Permalink

Makes no sense that laws are on the books for which banks and their regulators wilfully ignore.  Why the charade?  

The average person doesn't understand banking regulations.  So the law isn't there to impress  them into a false sense of security.  

Gatto Mon, 06/04/2018 - 16:17 Permalink

If the government didn't exist, the elites would wage an all out propaganda campaign to convince the common people they "needed" it to "protect" them!   Haha!   The best thing that could ever happen to the majority of people would be if they dissolved their governments!  Ralph Nader made a great career reporting on the car industry, and these whistle blowers could also get rich doing the same in the banking industry without the coercive, predatory, and violent government!

theprofromdover Mon, 06/04/2018 - 16:58 Permalink

Tyler,

If you can make this writer -Golem XIV- write a lot more often, you would be doing everyone a favor.

He used to write nearly every day on his blog, but hasn't been able to do so for well over a year now, obviously for very good reasons, but his perspective on things is important.

MusicIsYou Mon, 06/04/2018 - 18:36 Permalink

No. Actually crime doesn't pay, but it requires 1000's of years to weed it out of a society, and most criminals will never know it didn't pay, because their souls will eventually get destroyed, thus they will never know it didn't pay.

MusicIsYou Mon, 06/04/2018 - 18:36 Permalink

No. Actually crime doesn't pay, but it requires 1000's of years to weed it out of a society, and most criminals will never know it didn't pay, because their souls will eventually get destroyed, thus they will never know it didn't pay.

MusicIsYou Mon, 06/04/2018 - 18:55 Permalink

Ask Adam from the Garden of Eden if crime paid? God has plenty of time for people to discover crime doesn't pay, because 1000 years for you is one day for God. You can't even begin to imagine God's patience. The band The Rolling Stones put it pretty well, "Time Is On My Side."

MusicIsYou Mon, 06/04/2018 - 19:17 Permalink

Just to put it in context: the U.S has been around for 242 years, that is 1/4 of God's day or just about 6 hours. So basically the U.S is in the 6th hour.