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In reply to the discussion: BREAKING: Wall Street investigation launched [View all]sabrina 1
(62,325 posts)33. Sorry to be so laste responding, I hope your daughter got home in time for you
to get some sleep
He, most likely and very vaguely, mentioned he might not go after the industry because he probably needed to find out who in Congress is on the take.
Since he made the statement about there being more immorality than crime involved, he may have met with some of the Senators, both Republicans and Democrats, who were on the Committee for two years investigating the causes and who agreed that there is 'evidence of criminal activity'.
You don't show your hand until the very last moment and you don't begin serous investigations unless you're certain laws have been broken and cases are prosecutable.
True which is why it was important that he mentioned this in the SOTU. I imagine he does have more information now. Maybe from some of those US Attorneys who have been looking into the crimes.
There are also the revelations about insider trading in Congress. I would have thought that was automatically a crime, it is for everyone else. I was surprised he mentioned it in the SOTU. But today I see there is a bi-partisan effort to make it illegal.
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Schneiderman is a hero. He was alone in his refusal to give in to the pressure to not prosecute
sabrina 1
Jan 2012
#1
Great, is she one of the 13 who are eventually turned it down? I had not heard of her but
sabrina 1
Jan 2012
#10
Sorry to be so laste responding, I hope your daughter got home in time for you
sabrina 1
Jan 2012
#33
hasnt it been said that no laws WERE broken and that's why no arrests yet? hopefully im wrong but am
leftyohiolib
Jan 2012
#21