Forum Post: Bill Black: What if the SEC investigated Banks the way it is investigating Mutual Funds?
Posted 12 years ago on Dec. 28, 2011, 5:10 p.m. EST by jk1234
(257)
This content is user submitted and not an official statement
( ( ( f l a s b a c k ) ) )
SEC Destroys 9,000 Fraud Files Involving Wells Fargo, Bank of America, Citigroup, Goldman Sachs, Credit Suisse, Deutsche Bank, Morgan Stanley, Lehman
http://globaleconomicanalysis.blogspot.com/2011/08/sec-destroys-9000-fraud-files-involving.html
-Wednesday, August 17-
( ( ( f l a s b a c k ) ) )
Rolling Stone: Is the SEC Covering Up Wall Street Crimes? by Matt Taibbi
http://www.rollingstone.com/politics/news/is-the-sec-covering-up-wall-street-crimes-20110817
-August 17, 2011-
~Great Post~ I'm Always looking forward to Bill Blacks next appearance.
(A few semi-recent-ish links from Bill Black)
::::::::::::William K. Black discusses MF Global and Jon Corzine Culpability::::::::::::
(((Video))) http://www.youtube.com/watch?v=tPZ6KHLys5E
-12/08/11-
-'CapitalAccount'- speaks to William Black, a white-collar criminologist and former WallStreet regulator who during the Savings and Loan crisis oversaw more than 10,000 criminal referrals, 1,000 felony convictions, and where hundreds of bankers went to prison.
From Goldman Sachs to governor to grilling, Jon Corzine former CEO of the now bankrupt MF Global testifies on Capitol Hill. He claims he is clueless about how and where the possible $1.2 billion dollars of his client's money is that is missing. How has all of this happened three years after the financial crisis when Wall Street was supposed to be reined in? And the golden boys of Wall Street have their Goldman tentacles spread over the MF Global case. The head of the CFTC - MF Global's regulator - has recused himself from the MF Global probe because he worked with Jon Corzine at Goldman Sachs.
Bill Black @ #occupywallstreet on Arresting Banksters
(((Video))) http://www.youtube.com/watch?v=4XJe7O-3QBc&feature=player_embedded
-Oct 28, 2011-
William Black: Not With A Bang, But A Whimper: Bank Of America’s Derivatives Death Rattle
http://dailybail.com/home/william-black-not-with-a-bang-but-a-whimper-bank-of-americas.html
-Oct 19, 2011-
::::::::::::::::Banksters - William Black Tells the Real Truth::::::::::::::::
(((Video))) http://www.youtube.com/watch?v=J8CqaHTygSc&feature=related
Describes fraud and liers loans in the economic crisis.
Former Financial Regulator William Black: Occupy Wall Street A Counter to White-Collar Fraud
(((Video))) http://www.youtube.com/watch?v=zq-sO_uNaFw
(DemocracyNow!) Amy Goodman interviews William Black, a white-collar criminologist, former financial regulator, and author of "The Best Way to Rob a Bank is to Own One." Black teaches economics and law at the University of Missouri-Kansas City and recently took part in Occupy Kansas City.
Uploaded by democracynow on -Oct 19, 2011-
:::::::::::::::::::::::::::::::::: (((Remembering -AIG-))) :::::::::::::::::::::::::::::::::
NYT's Louise Story On How Tim Geithner Convinced NY AG Andrew Cuomo To Back Off Wall Street Prosecutions
(((Video))) http://dailybail.com/home/nyts-louise-story-on-how-tim-geithner-convinced-ny-ag-andrew.html
::::::::::::In Financial Crisis, No Prosecutions of Top Figures::::::::::::
-By Louise Story and Gretchen Morgenson-
It is a question asked repeatedly across America: why, in the aftermath of a financial mess that generated hundreds of billions in losses, have no high-profile participants in the disaster been prosecuted?
Answering such a question — the equivalent of determining why a dog did not bark — is anything but simple. But a private meeting in mid-October 2008 between Timothy F. Geithner, then-president of the Federal Reserve Bank of New York, and Andrew M. Cuomo, New York’s attorney general at the time, illustrates the complexities of pursuing legal cases in a time of panic.
At the Fed, which oversees the nation’s largest banks, Mr. Geithner worked with the Treasury Department on a large bailout fund for the banks and led efforts to shore up the American International Group, the giant insurer. His focus: stabilizing world financial markets.
Mr. Cuomo, as a Wall Street enforcer, had been questioning banks and rating agencies aggressively for more than a year about their roles in the growing debacle, and also looking into bonuses at A.I.G. http://www.ag.ny.gov/media_center/2008/oct/oct16c_08.html
(((Continue Reading this article Here))) http://dailybail.com/home/nyt-tim-geithner-convinced-ny-ag-andrew-cuomo-to-back-off-wa.html
:::::::::::::::::::::::::::::::::: (((Remembering -AIG-))) :::::::::::::::::::::::::::::::::
:::::::::::::::::::::Are The Executives Too Big To Prosecute?:::::::::::::::::::::
(((Video))) http://www.youtube.com/watch?feature=player_embedded&v=8HpKiM-CGZ4#!
(Louise Story with CBS - April 25, 2010)
New York Times writer Louise Story tackled one the biggest questions still on Americans' minds today: Why, years after the crisis began, has not a single financial executive gone to jail?
:::::::::::::::::::::::::::::::::: (((Remembering -AIG-))) :::::::::::::::::::::::::::::::::
..Here's one of Geithner's crimes..
(((Video))) http://www.youtube.com/watch?feature=player_embedded&v=K3SYmqWyoQI#!
Max Keiser, Stacy Herbert, and Webster Tarpley talk about AIG being used by Tim Geither to line in the pockets of Goldman Sachs and others.
At issue is Tim Geithner's criminal behavior in orchestrating the AIG bailout to favor Goldman Sachs through counterparty payouts at par, and then the massive cover-up.
Thanks for posting the links
[Removed]
[Removed]