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Is There Organized Crime on Wall Street?

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DemocracyInaction Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 08:40 PM
Original message
Is There Organized Crime on Wall Street?
About 25 years ago there was this "wierd" news story reported on all the networks, print media, etc. It said that organized crime was going to go into "legitimate" business.

I remember thinking: if legit is as profitable as criminal business, why the hell did they bother breaking knee caps for a living in the first place!? I always wondered what the combination of "Tony Soprano" and legit business would look like, function like, etc. Ummmm..I think we found out!

Think about this----the last gasp of their boy's (Bush) dying administration was to get the TARP bill which they then stuffed a few billion into their back pockets. Could this have been merely the biggest scam organized crime ever scored???
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 08:41 PM
Response to Original message
1. Wall Street is organized crime
They should have left the mob in Vegas
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Wapsie B Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 08:53 PM
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2. I've read a few crime writers who speculate
that where the old time Mafioso was carrying a violin case his sons and especially grandsons are carrying briefcases with freshly minted MBAs and JDs.
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progressiveforever Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 08:54 PM
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3. YES
yes, and yes
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tularetom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 08:56 PM
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4.  I don't think anything about Wall Street is "organized"
But there's a lot of free lance crime going on there.
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 08:58 PM
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5. Comparing Wall Street to the Mafia is offensive to the Mafia.
Ever look at a bank account, credit card, annuity, variable life insurance policy, or any other investment vehicle sold to normal people. For debt instruments they charge usary rates and for investment vehicles they nickle and dime you for charges if you dare try to move your money.

The mafia is actually more moral. They rip off the government or deal in vices like prostitution, drugs, and gambling or theft and protection. Wall Street preys on all of lower class and middle class America and the world. The mafia's sphere of influence and negative effects are far smaller and less dangerous than the evil Wall Street does.
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nebenaube Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 09:31 PM
Response to Original message
6. DUzy....
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Ernesto Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 10:06 PM
Response to Reply #6
7. It's republican KLEPTOCRACY!
If it's not organized, I don't what it is.
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cooolandrew Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 10:10 PM
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8. Is there organized anything on Wall Street sounds like chaos down there.
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ddeclue Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-22-09 10:11 PM
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9. You cross a lawyer with the Godfather baby..make you an offer that you can't understand...Don Henley
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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-23-09 11:25 AM
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10. Of course there is

Capitalism is theft.

Those folks are just higher on the food chain and have others do their dirty work, like the IMF or US armed forces.
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-23-09 01:55 PM
Response to Original message
11. The Mob has ALWAYS been in legit business: sanitation; food industry; manufacturing; etc.
I, for one, have maintained that Bushco wasn't LIKE the Mob; they WERE (ARE) the Mob. No euphemisms, no poetic license.

Billions on Wall Street and all clean? Bwahahahahaha!
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