Quote:
Originally Posted by Oerets
Afraid it will never be, sorry but the thieves will not be able to steal, and or make (take) money easy. Plus it makes good sense!
I'm upset so few have been punished for the mess from 2008. This answers for me the fix is in. We all be screwed over again.
Barney
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Far as I know, nobody's been "punished". One of my primary disappointments with Obama is that there hasn't been a single DOJ prosecution of anybody, not a single bankster from Lehman, Bear-Stearns, or AIG for what they did to this country in 2008. Regardless of Holder's blubbering constantly about how "...no banks are too big..." There were cases to be made, and fed prosecutor Lanny Breuer has had one lame excuse after another for why there hasn't been a single indictment.
The investment banksters, and Wall St. market speculators have turned what was once a remarkable system for generating capital for American business, into a casino.
All that said...what do we get out of dickheads like 5 below, dj, whell and the rest of them here? More bleating about fannie and freddie and the Community Reinvestment Act. Yep, the CRA...the heavy hand of government forcing poor mortgage lenders to provide mortgage loans to deadbeats. What a steaming pile of excrement. The mortgage brokers were like hyenas drooling over a gazelle carcass every time some poor, uneducated, unsophisticated believer in the American dream wandered close enough to be snatched into their offices and provided a no money down, no principle payment, no savings, no income loan for some piece of shit hovel in Gary.
And of course, the billions of dollars in fees these vampires made for years. Not to mention the billions of dollars the banksters made selling bundles of this shit D grade paper as A grade investments. That's what almost sank this country, not the CRA or fannie, or fucking freddie.