Posted 2 years ago on July 15, 2012, 5:10 p.m. EST by richardkentgates
This content is user submitted and not an official statement
For decades, we have witnessed the financial sector commit fraud, operate in shady ways, with no legal action and without even much attention from the people employed to regulate. Now we see the FBI investigating reputable firms in the same manner they would investigate a common con. We also now see regulators executing their tasks with a fervor never seen. If we see the regulators and not law enforcement bringing the fraud into the light and media following press releases of regulators rather than the regulators following the media as it has been, I think this would be an indication that this boat is finally turning around. If you find any info on the new round of investigations into citi, Bank of America, or others, please post it so others can spread it on the web. The media completely ignored the 257 billion dollars the fed just handed to wall street less than a month ago, I don't expect they will report on any other new financial info that they can't candy coat or spin into partisan talking points.