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ClarkJonathanKent

(91 posts)
Sun Sep 7, 2014, 07:26 PM Sep 2014

Finally, Wall Street gets put on trial....a truly remarkable Salon article

Please read this Salon article and spread it around. It's amazing, in my opinion.

"Do you see what I’m saying? Executives do not always share the interests of the corporation that employs them. They weren’t “defrauding themselves,” as our federal protector laughs, they were defrauding the suckers that paid their bonuses, the shareholders that invested in them, the European pension funds that believed their excreta was Grade A Prime."



[link:http://www.salon.com/2014/09/07/finally_wall_street_gets_put_on_trial_we_can_still_hold_the_0_1_percent_responsible_for_tanking_the_economy/?utm_source=facebook&utm_medium=socialflow|

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Finally, Wall Street gets put on trial....a truly remarkable Salon article (Original Post) ClarkJonathanKent Sep 2014 OP
Great post FreakinDJ Sep 2014 #1
The feds should hire Bill Black, not fight him. nt SunSeeker Sep 2014 #2
And the whole team from UMKC. There are progressives in Missouri. Dont call me Shirley Sep 2014 #4
K&R nt Mnemosyne Sep 2014 #3
HUGE K & R !!! - Thank You !!! WillyT Sep 2014 #5
K&R woo me with science Sep 2014 #6
Excellent article muriel_volestrangler Sep 2014 #7
kick woo me with science Sep 2014 #8

muriel_volestrangler

(101,308 posts)
7. Excellent article
Tue Sep 9, 2014, 11:46 AM
Sep 2014

It gets to the heart of the matter - dishonest people made billions in bonuses, and it doesn't matter, in terms of their guilt, if the banks they worked for lost money as well as the people they lent to. It's possible to defraud 2 or more entities at the same time.

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