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FBI says sequestration will slow investigations of Wall Street

By tovarichpeter   Follow   Mon, 4 Mar 2013, 6:03pm   143 views   5 comments
In South San Francisco CA 94080   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://www.huffingtonpost.com/2013/03/04/fbi-sequestration-wall-street_n_2807338.html

More than four years after the financial crisis, not a single Wall Street executive has been jailed for playing a role in the creation of the toxic financial products that fueled the real-estate bubble, which were in some cases designed simply to fail. That track record may make it difficult for the Department of Justice to earn the sympathy of the public as it warns that spending cuts will hamper its ability to investigate Wall Street fraud.

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1. curious2 Follow Befriend (5) 31 threads 2,265 comments Premium

   1   6:55pm Mon 4 Mar 2013   Share   Quote   Permalink   Like   Dislike   This report might explain why sequestration is occurring, but how can the investigations possibly be "slowed" from their current pace? Will they go backwards now?

2. mell Follow Befriend (5) 57 threads 1,329 comments Premium

   2   7:31pm Mon 4 Mar 2013   Share   Quote   Permalink   Like   Dislike   What investigations?

3. John Bailo Follow Befriend 94 threads 444 comments Kent, WA John Bailo's website

   3   8:42pm Mon 4 Mar 2013   Share   Quote   Permalink   Like   Dislike   mell says What investigations? Yeah, exactly. The Obama Administration has gone after a lot of washed up guys and petty crooks. I have yet to hear about one significant big case on the order of....oh, Enron...which was prosecuted under George Bush. The only advice you can give on stocks right now is "Caveat Emptor".

4. Dan8267 Follow Befriend (16) 769 threads 7,714 comments Boca Raton, FL Premium

   4   8:56pm Mon 4 Mar 2013   Share   Quote   Permalink   Like   Dislike   tovarichpeter says FBI says sequestration will slow investigations of Wall Street Like the FBI is going to arrest any big fish in Wall Street. Our government has already gone on the record as saying that those crooks are "too big to prosecute" and have the country by the balls. If we even threaten to arrest them, the economy collapses. No, sequester the ass out of the FBI. That way they won't have the resources to infiltrate teacher anti-war organizations and other such non-sense. Hell, get rid of the FBI altogether. Bunch of cross-dressing gestapos.

5. IDDQD Follow Befriend 22 threads 409 comments

   5   10:18pm Mon 4 Mar 2013   Share   Quote   Permalink   Like   Dislike   The dog ate their homework.