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FBI says sequestration will slow investigations of Wall Street

By tovarichpeter   2013 Mar 4, 10:03am   583 views   3 comments   watch (0)   quote

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   594/594 = 100% civil   2013 Mar 4, 10:55am  ↑ like   ↓ dislike   quote    

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   63/63 = 100% civil   2013 Mar 4, 11:31am  ↑ like   ↓ dislike   quote    

What investigations?

3   Dan8267   2628/2661 = 98% civil   2013 Mar 4, 12:56pm  ↑ like   ↓ dislike   quote    

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.

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