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He set the tone for too big to jail. It was 8 years of nonstop banking scandal ending with massive profits
The Dems and the Obama Administration, Clinton Foundation etc.should have had banners reading "The Bribe and Pardon Machines are Open For Business".
Bankers run the country, not presidents.
The idea that democrats deserve more blame than republicans for not seeking justice and consequences for the mortgage crisis of 2008 ridiculous.
I think the impeachment has gotten to you people, and you're trying to lash out and say OBama was as corrupt as Trump. Good luck with that.
Between rating agencies and banks there are probably 100's (maybe thousands) of people that should be in jail and they're not.
Pretty much every employee of Well's Fargo who participated in using customers personal data to open up fake accounts should be in jail.
Moral Hazard - bail them out, they will keep doing stupid stuff knowing they will be bailed out. If we are afraid of crash then nationalize banks and break them up and leave fucking banksters with $1. That was done in Sweden. As it stands now, Protectors of poor people rewarded banksters for robbing the nation, paying themselves BONUSES! and then going broke
rd6B saysMoral Hazard - bail them out, they will keep doing stupid stuff knowing they will be bailed out. If we are afraid of crash then nationalize banks and break them up and leave fucking banksters with $1. That was done in Sweden. As it stands now, Protectors of poor people rewarded banksters for robbing the nation, paying themselves BONUSES! and then going broke
Iceland, also. The Althing was corrupt, they would not resign or consider anything less than a painless bailout for the banksters while massively increasing the national debt.
20,000 people (in a country of only a few hundred thousand) basically blockaded the Parliament and the 20 cops on duty count not possibly break them up.
Investors who fail to police Management deserve no mercy. Ram it down their throats like John Holmes in 1981.
While we're on this subject. Why is it not a problem to have a president that benefits so much financially if the dollar were to suddenly lose half it's value ?
Why is that not a conflict of interest ?
Think about it.
What laws were broken ?Knowingly misrepresenting the risk of securities you sell is fraud. Money laundering for cartels and terrorists (HSBC) is a crime.
No one who's ever looked at that industry could ever believe that Obama picked up the phone and negotiated the contract or had anything to do with it.
At least four publishers are involved in an auction over the Obama books, sources told the Times, which reported that Penguin Random House is leading the pack and a decision on the winning bid is expected soon.
Penguin published Obama’s last three books.
HarperCollins, which is owned by Rupert Murdoch’s News Corp., is reportedly another contender. HarperCollins winning the rights would bring the Obamas into the same publishing house as figures such as Fox News anchor Bill O’Reilly, one of the former president’s biggest media critics.
Sources briefed on the auction’s standing said Macmillian is a third competitor, while Simon & Schuster, which is owned by CBS, remains a fourth player.
Avoiding my question almost completely. Wrong. We've never seen anything remotely similar to this.
This is not uncharted territory by any stretch of the imagination.
WookieMan saysThis is not uncharted territory by any stretch of the imagination.
Then you don't understand my point at all. And that's fine. Kind of the usual.
Obama has made more than 10 million from previous books he wrote. He actually wrote them himself too.
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