This Is The Greatest Financial Crime In The History Of The World & No One In Charge Has Gone to Jail

[stockholmer]

http://www.zerohedge.com/contributed/%E2%80%9C-greatest-financial-crime-history-world-and-no-one-senior-has-gone-jail



Largest Financial Crime In History
William K. Black – professor of law and economics, and the senior S&L prosecutor – said http://www.financialsense.com/financial-sense-newshour/guest-expert/2011/09/14/william-k-black-phd/why-nobody-went-to-jail-during-the-credit-crisis yesterday:

This is the greatest financial crime in the history of the world and no one senior, at any of the major places that drove the crisis, has gone to jail?

***

Unless something dramatic or radical changes, this is going to be the greatest case of elite fraud with impunity in the history of the world. And it is only going to change if we express our outrage as the people and demand that it is changed.

For background, see this http://www.washingtonsblog.com/2011/03/top-economists-trust-is-necessary-for-a-stable-economy-but-trust-wont-be-restored-until-we-prosecute-wall-street-fraud.html ,

this http://www.washingtonsblog.com/2010/10/fraud-caused-great-depression-and-this.html ,


this http://www.washingtonsblog.com/2011/07/theres-no-recovery-because-government.html ,

and this http://www.washingtonsblog.com/2011/08/real-reason-sec-has-been-shredding.html .

[blindpig]

1. The Golden Rule...

Thems with the gold makes the rules, and it should be added enforce or not enforce them at their whim.

[Lasher]

2. And no safeguards to ensure the same crime will not be perpetrated again.

It will, of course.

[xiamiam]

4. it is ongoing..never stopped..nt

[Lasher]

5. Basically the same greed and corruption that we saw in the Savings & Loan crisis.

We should have established formidable safeguards after that fiasco. But we went in the other direction, with even more deregulation. The result is there for all to see, but we are doing nothing to prevent the ongoing pillaging.

[Ichingcarpenter]

3. The crime is so big that Goldfinger looks like a petty thief.

It is really mind boggling to some and documented enough that if one looks they will find it discusting.it is conspiracy that is real and beyond the imagination of many that have lived under the delusion of the system.

When we had the USSR it kept them in check.... NO MORE.

[Quantess]

6. The biggest robbery in the history of all time!

They'll gladly do it again.