I want a lot of arrests on Wall Street! As many as possible!

[truedelphi]

Starting with Tim Geithner, who headed the Feceral Reserve, New York Division and manipulated that piece of power to allow his buddies at AIG and Goldman Sachs to receive more than their share of monies in the Fall of 2008.

I want to see him charged with RICO statute.

And I wouldn't mind seeing Hank Paulson and Kashkari roused from their retirements, and put on trial.

Same with Bernanke.

I want to see the head of AIG in A PRISON JUMP SUIT, posing with the head of Goldman Sachs in their new and fashionable striped attire.

DITTO THE HEAD OF BANK OF AMERICA, BOTH THE CURRENT HEAD AND THE ONE WHO WAS AROUND IN 2006 THROUGH 2008.

Please feel free to add the names of those you'd like arrested.

[orpupilofnature57]

1. The entire Bush family ,Dick ,Scooter ,KKKarl,Greenspan,Nader...

Tripp,Bonzo for making that one guy look so good.

[nomb]

13. Nader? Arrested?

[orpupilofnature57]

16. Sorry, I'm still pissed about 2000 ,maybe thats a littl....nah Ralph too

http://en.wikipedia.org/wiki/United_States_presidential_election,_2000

[truedelphi]

23. That was my reaction too.

Nader is someone who changed America for the better, even if you only give him credit for seatbelts in cars.

And yet he is not remembered for that, but totally given blame for the Gore/Bush election, when no one wants to look at the fact that only 3% of the voters voted for Nader, while over 48% of all eligible voters stayed home.

[orpupilofnature57]

38. Of all the arguments pro Nader, that the best ,and your right it's not

Ralph fault.Sour grape cramps ,I put a hit out on Bonzo the chimp during the Ray-gun administration and it wasn't his fault, nobody wanted to hear Jimmy Carter tell the truth all the time,and interrupting the sunday night movie to warn us of the disease taking the country ,Narcissistic Fibrosis.

[WHEN CRABS ROAR]

2. Right now, the only arrests that are being made on Wall St.

are the brave people that are standing up and demanding that the real Wall St. criminals be arrested.

[truedelphi]

3. Like everything else, things must change.

In a very big way. And the sooner, the better!

[banned from Kos]

4. probably the most ignorant comment I have seen on DU

starting with Geithner as head of the "Feceral Reserve" who is subject to RICO.

Amazing.

[Vincardog]

5. Net recommendation: 0 votes (Your vote: +1)

[Earth_First]

6. ...and another!

:shrug:

[truedelphi]

7. Thank you. Last week, my OP that garnered over

100 recommendations had several people saying I should have written it better, and added this point, or described something better, (And perhaps they were right,) but I am so used to having my OP's put on the back of the bus, that I don't spend time on them!

I have no idea how I did get an OP up and viable for the length of time that one ran.

[white_wolf]

8. How about the heads of the regulatory agency that let this happen?

Shouldn't that be grounds for something?

[truedelphi]

9. Possibly you mean the SEC - but what was done behind closed doors over

At the NY Feceral Reserve was beyond their comprehension.

The Bailouts were billed as an emergency, and as something only a very few people could untangle.

So I think if we are discussing the Bailouts, the SEC was not in the loop.

And it is only because of Bernie Sanders, the Independent Senator from Vermont, that we got a little bit of an audit over at the Main Feceral Reserve, showing us some nine trillions of dollars slipped out to various Big Time Players on Wall Street and in European Banking Centers.

Meanwhile, Geithner tells governors of individual states that he cannot offer any hundreds of millions or billions as loans to states, as that would up the deficit.

[truedelphi]

18. Matt Taibbi reports on the SEC in this article

Which is a very insightful read:

http://www.rollingstone.com/politics/news/is-the-sec-covering-up-wall-street-crimes-20110817

Really sickening to find out that people inside the SEC decide to go after someone, and then someone at a higher level in the SEC pulls the plug on the investigations. And worst of all, once the plug is pulled, then the information and reports and pertinent documents all get shredded!

Then the top official in the SEC leaves the SEC and gets a job at the financial firm that they helped protect!

[chill_wind]

26. +1 Elliot Spitzer

had quite a bit to say about her (Schapiro) when she was nominated, having tangled with her indirectly in the courts.

http://www.slate.com/id/2249403/

The document destruction allegation is just one in a large list of negatives.
Just some highlights from here about her tenure:

http://www.thefiscaltimes.com/Articles/2011/09/12/Mary-Schapiros-SEC-Its-6-Biggest-Blunders-So-Far.aspx#page2

March 2010 -- Lehman Brothers Gets a Free Pass.

October 2010 -- "Weak" settlement with Countrywide Financial executives

December 2010 -- SEC leasing scandal

February 2011 -- SEC's David Becker tied to Madoff funds

July 2011 -- Court vacates SEC proxy-access rule

August 2011 -- Document destruction allegations

Hill testimony scheduled for tomorrow:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1973694

If the document destruction can be proven, somebody needs to go to jail.

[truedelphi]

27. Great info and great links. Thanks for posting.

Unfortunately, at least according to what Matt Taibbi uncovers, destroying the documents is "required" once someone decides against going through with the investigation.

Almost as though the rules were set up to provide maximum protection for the crooks and the swindlers.

[chill_wind]

10. I'd like someone

to also take a look at some of the top brass at the SEC

http://thehill.com/blogs/on-the-money/banking-financial-institutions/182715-ig-justice-should-examine-former-sec-counsels-madoff-work

[truedelphi]

24. It's a bit disherteneing to read an article like that,

And read how those who are associates of Becker's all say things like "He is a truly well intentioned indiviudal," and blather on and on about the hard work the individual has done.

it brings to mind when in the late Fall of 2008, Dennis Kucinich was querying Paulson's right hand man, Mr Kashkari, and saying, "Yes, Mr Kashkari, I realize you are working as hard as it is possible for any individual to work, but my question would be, just who is it that you are working for?"

[bluebuzzard]

11. Juan's pics

http://juancarloshernandezphotographe.blogspot.com/2011/09/crime-scene-do-not-cross-photos.html

[truedelphi]

19. Those are wonderful.

And it is so good to see all the young faces. For years it has seemed like only those of us over 55 ever hit the protest circuit.

I am very inspired looking at the many young people who understand that what has gone on as "a normal routine" in the Halls of the Wall Street firms, is the death knell of our middle class.

[hack89]

12. And what do you intend to charge them with? nt

[nomb]

14. Enemies of the people no doubt. They even put Nader on the list to be shot.

[truedelphi]

21. RICO, for starters. n/t

[hack89]

25. Good luck with that. nt

[truedelphi]

22. Oh, and I just remembered one of my big talking points about Lil Timmy

He has lied to Congress at least twice, possibly three times. (Unless he really and truly believes the Crappola he spews forth.)

A single lie to Congress is grounds for impeachment from any office held in the higher echelons of The Federal Government.

So there is that.

And why he wasn't really made to pay in the extreme way that average Americans do when they "forget to file" their income tax, I don't know.

[Admiral Loinpresser]

30. Conspiracy to defraud the US treasury. n/t

n/t

[hack89]

32. Excluding of course all those companies that repayed the Treasury? nt

[Admiral Loinpresser]

33. Provided that

those companies also provided liquidity for small business as promised and provided they did not misrepresent their need or participate in fraudulent mortgage foreclosures. All companies which took the borrowed funds and loaned them back to the US at a profit should also be compelled to disgorge those profits. Lots of devils in their details.

[hack89]

34. You can't retroactively make up the rules

that is not the way the law works. Considering that it was a government initiated plan, all these companies cooperated with the government, and the government has express satisfaction in how everything worked out, I suspect that prosecution will be problematic to say the least.

[Admiral Loinpresser]

35. It sounds like you think the WS bailout was a good deal, correct?

I believe WS corporations made misrepresentations about the extent of their need and the uses to which the money would be put, specifically providing liquidity for small businesses. Notoriously, that didn't happen.

BTW, the ruling elites change the rules retroactively all the time. That was the basis for retroactively covering their failed "risk" in the first place.

[hack89]

36. Bad deal does not mean illegal

You may believe what you want - in America you need actual proof to indict.

[Admiral Loinpresser]

37. Illegality is the modus operandi of WS.

They conspire, rip people off and hide the ball on a daily basis. Occasionally it is so blatant that someone gets caught. But all kinds of misrepresentaion and fraud is committed in the ordinary course of business.

[Admiral Loinpresser]

40. The real golden rule.

Debts between the very wealthy or between governments can always be renegotiated and always have been throughout world history. … It's when you have debts owed by the poor to the rich that suddenly debts become a sacred obligation, more important than anything else. The idea of renegotiating them becomes unthinkable.

http://www.guardian.co.uk/commentisfree/cifamerica/2011/sep/21/occupy-wall-street-amy-goodman

[NNN0LHI]

15. If you think they are guilty of these crimes wouldn't it be your duty to make a citizens arrest?

It would seem like it wouldn't it?

Don

[truedelphi]

28. If the National Lawyers Guild really are who they seem to be,

Maybe Tim Geithner's impeachment from Heading Treasury will come about.

Lying to Congress, not just once, but twice, is part of his past history.

And anyone lying to Congress can be impeached from their office.

[orpupilofnature57]

39. Good point!!! I trust Geithner as far as I CAN THROW HIM.

[Aleric]

41. WHO?

Who exactly do you think the NLG is and how do they relate to your original post?

[treestar]

17. It might be fun to see, but it would only happen, and should

only happen, where there is sufficient probable cause that a crime has been committed.

[lonestarnot]

20. Don't leave Chase off the list, may as well include the world bank while we're at it.

[dmosh42]

29. Sorry, DOJ only arrests the potsmokers in Calif.!

[chill_wind]

31. +1. It will be interesting to see what the DOJ does now that an SEC IG

has turned the SEC Maddoff Becker thing over to them.

http://www.democraticunderground.com/discuss/duboard.php?az=post&forum=439&topic_id=1973694&mesg_id=1973694

I think we could probably anticipate where that won't go.