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Forum Post: Waiting for the Perp Walk /// If stealing $1.2 billion from client accounts and lying to Congress don’t get you thrown into jail, what will it take? Oh Yeah. Peacefully Protesting in a Public Park Against Criminal Bankers who are Free to Pillage&Loot

Posted 10 years ago on Dec. 17, 2011, 9:23 a.m. EST by MonetizingDiscontent (1257)
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Waiting for the Perp Walk

If stealing $1.2 billion from client accounts and lying to Congress don’t get you thrown into jail, what will it take? Oh Yeah. Peacefully protesting in a public park against criminal bankers who are free to pillage and loot.


-December 14th, 2011-

VP Biden says he called Jon Corzine for advice on whether or not a Bank-Holiday should be Declared (2009)

(((Video))) http://www.youtube.com/watch?v=xm3VMrKqJSA

In June 2009 Bidens words are:

"Literally, one of the early discussions we had.. we got together 30 - 35 economists, all left right and center, and what did we talk about? The first question they raised, they wanted to know whether we might have to call a bank holiday, a bank holiday... (you cant get your money out) ...on the day after we were sworn in."

"The president and I weren't back there blaming Jon Corzine, you know what we were doing? We were on the phone CALLING Jon corzine, literally, I litereally picked up the phone and CALLED Jon Corzine and asked him, wht do you think we should do?"

This is no kind of Holiday folks. You can't get your money out. You think its bad trying to get it out now? You wouldn't be able to get -Any Of It- during a bank holiday. And when you do get your money, It'll be done like the last time they declared a bank holiday ...they will have Devalued the currency by the time they give it to you.

So remember, a Bank Holiday was already on the table of serious discussion... in 2009!

Which was BEFORE there was a European Crisis. It was BEFORE the United States was $15,131,979,264,288.80 dollars in debt. This happened BEFORE the Federal Reserve pumped 26 Trillion dollars... (when you add it all up) ...into the Ponzi scheme to keep it afloat. These discussions happened BEFORE the MF Global Scandal, BEFORE the CME defaulted on its obligations to the futures markets as the "Guarantor of every transaction that happens in their markets." These discussions happened BEFORE the US was hit with Credit Downgrades.... etc etc

If it -was- possible then, how much more -unlikely- is it to happen now?

(((Feel free to add to my list of "BEFORE"s, below)))

Bill Black: What if the SEC investigated Banks the way it is investigating Mutual Funds?

Bill Black, the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City. Cross posted from New Economic Perspectives.


-December 28, 2011-

The Wall Street Journal ran a story.... http://online.wsj.com/article/SB10001424052970203686204577116752943871934.html?mod=technology_newsreel ....yesterday (12/27/11) entitled “SEC Ups Its Game to Identify Rogue Firms.” “Rogue” is an interesting word with a range of definitions. When it is used as an adjective its meaning is: “a playfully mischievous person; scamp.” The trivialization of the most destructive elite frauds is one of the most common forms of what criminologists call “neutralization” of the moral content of wrong doing. Neutralization increases crime.The actual story makes it clear that the criminals that the SEC was identifying were not “rogues.” They were the CEOs of seemingly legitimate firms. The SEC is identifying “accounting control frauds” – the frauds that cause greater financial losses than all other forms of property crime combined. The SEC is not identifying a few rotten apples, but roughly 100 hedge funds likely to have engaged in accounting fraud. The WSJ describes the SEC’s identification system:

(((Continue Reading this article Here))) http://www.nakedcapitalism.com/2011/12/bill-black-what-if-the-sec-investigated-banks-the-way-it-is-investigating-mutual-funds.html

[KeiserReport#229] Jamie Dimon Suckles on Ben Bernanke’s Quantitative Easing

(((Video))) http://maxkeiser.com/2011/12/29/kr229-jamie-dimon-suckles-on-ben-bernankes-quantitative-easing/
Posted on -Dec. 29th, 2011- by stacyherbert

Max Keiser & co-host Stacy Herbert discuss London brokers shrinking, boycotting JP Morgan, boycotting the financial system, command and control credit derivatives.

Also on topic is ANN BARNHARDT: who is exposing that MFGlobal's Bankruptcy was fraudulently, illegally filed as a bankruptcy under a chapter 7 of a SECURITIES FIRM, and -Not- as a commodities brokerage! (scroll 8 min into the vid)

In the second half of the show, Max talks to JS Kim of SmartknowledgeU... https://twitter.com/#!/smartknowledgeu ...about the MF Global fraud and gold and silver.

Celente to Yahoo Finance: MF Global -NOT- an Isolated Incident

(((Video))) http://www.youtube.com/watch?v=V2GthPNA-1o&feature=player_embedded

The -COJONES DEFENSE- of Jon Corzine

(((ShortVideoReport))) http://maxkeiser.com/2012/01/05/the-cojones-defense-of-jon-corzine/
-January 5, 2012-



Read the Rules
[-] 1 points by demcapitalist (977) 10 years ago

Investors Scrutinizing JPMorgan’s Mortgages http://www.cnbc.com/id/45707648 "Under the terms of those bonds, investors who own small slivers of mortgage bonds — as most investors do — have been stymied from obtaining much data on the mortgages within the deals. The rules vary for each bond, but typically banks have to turn over detailed information only to investors who own more than a quarter of a bond. That has meant that large investors like Pimco, BlackRock and even the Federal Reserve Bank of New York have had to combine their interests to cross that threshold.

Many of the investors are coordinating their efforts through Gibbs & Bruns, a law firm in Houston. That firm announced its plans to investigate the 243 JPMorgan deals on Friday. "

"Elizabeth Nowicki, a professor of securities law at Tulane University and a former lawyer at the Securities and Exchange Commission, said that the efforts by investors might turn out to be the costliest and most important way that banks are held accountable for their mortgage security creations, because the push for accountability is coming from bank clients. For instance, in the one mortgage security case the S.E.C. has brought against JPMorgan, the bank settled the allegations in June for $153.6 million.

“I think this is going to have much more of an impact in terms of fear and Wall Street sort of shaking in its boots than anything the S.E.C. or Congress can do,” Ms. Nowicki said.

“Without a confident client base, the banks can’t make any money, and now that the client base is really trying to probe into these packages to see what really went on, they are going to have to give some answers.” "

[-] 1 points by MonetizingDiscontent (1257) 10 years ago

Hey thanks for this article demcapitalist. I totally missed this, somehow.

[-] 1 points by MonetizingDiscontent (1257) 10 years ago

:::::Trustee to Seize & Liquidate Even the Stored Customer Gold and Silver Bullion From MF Global:::::


-December 17th, 2011-

The bottom line is that apparently some warehouses and bullion dealers are not a safe place to store your gold and silver, even if you hold a specific warehouse receipt. In an oligarchy, private ownership is merely a concept, subject to interpretation and confiscation.

Although the details and the individual perpetrators are yet to be disclosed, what is now painfully clear is that the CFTC and CME regulated futures system is defaulting on its obligations. This did not even happen in the big failures like Lehman and Bear Sterns in which the customer accounts were kept whole and transferred before the liquidation process...

(((Continue Reading this article Here)))


[-] 1 points by enough (587) 10 years ago

"If stealing $1.2 billion from client accounts and lying to Congress don’t get you thrown into jail, what will it take?" It will take big money in the form of political contributions. It's called Pay-to-Play. #OWS can't play in the playground because it didn't pay for the privilege. Jon Corzine is allowed to steal $1.2 billion because he and his Wall Street buddies know the game and that means no perp walks. Only honest Americans get to do the walk.

[-] 1 points by MonetizingDiscontent (1257) 10 years ago

yup. that's why adults spell the word like this: ~J. u. s. t. U. s.~

[-] 1 points by CriticalThinker (140) 10 years ago

Remember, corporatists demanded the Supreme Court recognize corporations as people, and the USSC approved. Well, if a psychiatrist evaluates the behavior of a corporation, the evaluation will be psychopath, the root of all criminal behavior.

[-] 0 points by necropaulis (491) 10 years ago

I just love how people go off at the mouth about the banks. There are a lot worse companies out there actually killing citizens.

[-] 2 points by MonetizingDiscontent (1257) 10 years ago

hmm alright. I just love how people who flaunt their ignorance of history, 'go off at the mouth' about how companies are so much more powerful than Big banks, all while thinking they sound smart and well informed.

..where's your link. If you know something I don't, share it. I'm disappointed you didnt include a link that might back your statements up. I am asking, what company are you talking about with more malfeasance than Wachovia, Wells Fargo, Bank Of America, JP Morgan, Citi ...pick one.

7.7 Trillion in undisclosed bailouts on for size sometime, then come at me with a link about how Betty Crocker extorted or embezzled anywhere close to that in cash, just to start... Big Central Banks fund both sides of Wars by the way. Reading some history would really help you out. Come to think of it, screw the history because 'Current Events' should bring you up to speed just fine...

:::::::::How a -BIG- US bank laundered -BILLIONS- from Mexico's -MURDEROUS- drug gangs:::::::::


[-] 0 points by necropaulis (491) 10 years ago

I'm not going to bore you with 8 thousand links on the same subject, so here's 1 on each:

ecological damage:


a small list of what has been found in bottled water:


And a quick summary of the two if you don't feel like reading the above.

I'm not saying what the banks did was right, but why not the water companies, Detroit, and other sectors that hurt the people directly?? Whether or not they are leveraged to a bank or not really isn't a matter. The bank doesn't tell them to pump toxic chemicals into the air and water. The bank didn't tell Texaco to shut down one of their highest volume oil pumps to artificially raise gas prices. Not to mention what happens when there's a disaster.

[-] 1 points by MonetizingDiscontent (1257) 10 years ago

ok, yes.. people are waking up about BPA. Good points and great links. If you ever decide to put those articles up in a post here on the site, where folks can see it, you will find me to be supportive of your message. In other words , I'm not going to come stomping through YOUR threads making off-topic stinks about banks. I will give your threads much more courtesy than you have shown here, for sure.

I create posts about debt, banks, monetary issues... You create posts about BPA and water flouridation in the tap water. Together we cover a lot of ground. I agree with your issue. Hopefully you can give me the same respect on future threads and forgive that its not a post about the issues you are most interested in.

Everyone has their own different individual interests and I appreciate the diversity. Thank goodness not everyone posts about the same bloody things, because I would not have learned as much as I have here, if that were the case. However, I would like to keep this particular thread on topic, as much as possible.

Good to meet you necropaulis