Monday, September 29, 2014

Bank CEOs Are The New Drug Lords

That's the claim made in this report, and it makes perfect sense:

So how do Bank Lords get away with their dirty deeds scot-free? This month, explosive evidence contained in 47.5 hours of secret recordings from Goldman Sachs whistleblower and former New York Federal Reserve employee Carmen Segarra provides the answers we already knew. Bank Lords have been buying off judges and regulators after already buying off cops.


http://www.zerohedge.com/news/2014-09-29/bank-ceos-are-new-drug-lords


This explains, in part, why the resignation of AG Eric Holder should be followed by charges against him and a vigorous prosecution. How could such corruption have taken place without his knowledge and consent, and maybe even his willing participation? No bank or former government official should be too big to jail.


Update: Here is another anti-Holder diatribe:

http://smirkingchimp.com/thread/dean-baker/58655/eric-holder-is-the-reason-robert-rubin-isnt-behind-bars

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