Friday, May 13, 2011

11-05-13 Bankers are immune // Los banqueros son inmunes // 银行家们免疫

Comment:
Effectively, bankers are immune today, due to the widespread corruption of the justice system.

See:

[1] 11-04-21 PRESS RELEASE: "In Financial Crisis, No Prosecutions of Top Figures" - Because of widespread corruption of the justice system, they are effectively immune…
The widespread corruption of the US justice system is a key factor in the financial crisis, which is often overlooked.
http://www.scribd.com/doc/53520603/



Rolling Stone

The People vs. Goldman Sachs

A Senate committee has laid out the evidence. Now the Justice Department should bring criminal charges







 MATT TAIBBI
MAY 11, 2011 9:30 AM ET
They weren't murderers or anything; they had merely stolen more money than most people can rationally conceive of, from their own customers, in a few blinks of an eye. But then they went one step further. They came to Washington, took an oath before Congress, and lied about it.
Goldman Sachs CEO Lloyd Blankfein tesifies before the Senate in April 2010
Thanks to an extraordinary investigative effort by a Senate subcommittee that unilaterally decided to take up the burden the criminal justice system has repeatedly refused to shoulder, we now know exactly what Goldman Sachs executives like Lloyd Blankfein and Daniel Sparks lied about. We know exactly how they and other top Goldman executives, including David Viniar and Thomas Montag, defrauded their clients. America has been waiting for a case to bring against Wall Street. Here it is, and the evidence has been gift-wrapped and left at the doorstep of federal prosecutors, evidence that doesn't leave much doubt: Goldman Sachs should stand trial.
READ THE FULL STORY:

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