Dylan Ratigan explores the decision by the SEC to investigate Goldman-Sachs role in the derivatives market that brought the world to the brink of economic collapse.
From the LA Times (http://www.latimes.com/business/la-fi-goldman-lawsuits-20100423,0,641640.story) The agencys fraud suit against the Wall Street giant may foreshadow similar cases against other financial firms and trigger a wave of private litigation. The government's fraud lawsuit against Goldman, Sachs & Co. could portend cases against other financial giants that turned subprime mortgages into complex securities while also accelerating a surge in private litigation against Wall Street.
The SEC should all be in jail for not doing their damn job! And then there's those criminals in D.C. that must be recalled or put on trial!
MSNBC is owned by billy bob gates and if you trust him, hey, I have some clean ocean water for ya right outside of LA!
3 years of no justice towards the banksters and wall st. crooks while they continue to destroy pensions and blame it on SS and Medicare! Stop the war machine! It eats more than anything! No taxes for wars!!!!
ctwatcher 8 months ago
Obama; LOOK fraud and corruption in america gov't also in the banking system "Never!!" how dare you. everything going as planed your country is fine, OK!! ok.. i have lowered taxes and unemployment, no job loses to speak of ''".what's is the problem!'" their are no conspiracy, now go watch some more tv and have a beer. america, obama "off mic" These stupid people will do what ever i tell them,
banzaimotorcross 1 year ago
Let's expose the Ponzi!
Ponzinomics 1 year ago
And to think O'bama sees no problem with these bankers earning this money ("Athletes make as much"), but teachers in California are losing more than just discretionary income. Obama has had enough chances to prove to the American People that he either understands or cares.
BringBackCapitalism 1 year ago
thank you dylan for taking on this so clearly.
josephcecil 1 year ago