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Ratigan: Financial fraud task force announced!

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Uploaded by on Nov 17, 2009

Finally, a task force investigating bank, housing and securities fraud had been announced. Dylan Ratigan and panel discuss this action and other recent crackdowns on fraud, including new regs against overdraft fees.

Copyright MSNBC 2009

Morning Meeting fraud investigation ATM Senate House panel Goldman Sachs AIG insurance companies JP Morgan Bank of America taskforce dollar usdx upp gold silver created cracking down on fraud SEC Tim Geithner Housing Secretary White House Fed Federal Reserve Stock market Wall Street Attorney General Obama presidential directive Holder

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Uploader Comments (fal2grace)

  • The banks call it "over draft protection" But that protection only protects the person cashing your check or accepting a debit card transaction. It doesnt protect the person they said it was for... and ummm... didn't the Mafia offer "protection" too ? -- Looks like the Mafia got smart and learned how to Become judges, lawyers, bankers and politicians, instead of paying them off like they did back in the Capone gangster days.

  • :) good comments

  • The fox watching the hen house, Geihtner didnt do shit when he was regualting the reserve in NY, now hes going to weed out fraud, give me a break he should be fired along with Bernanke...

  • agree; thanks for commenting.

  • I can just imagine all those crooks sitting around a table:

    "The natives are getting restless and we need a game plan to show them we care about their plight."

    "Let's lie to them!"

    Lie?"

    "Yes. We'll lie and tell them we're doing something to address their concerns about our thieving ways."

    "Ok. How do we do that without admitting we're thieves?"

    (and they set to work while charging us for their efforts to pretend to save us from them and simultaneously increasing their ability to steal...)

  • sounds like a plan:) thanks for commenting.

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  • @fal2grace Oh I do care for sarcasm! (grin)

  • If lending irredeemable debt currency through a fractional reserve system does not generate any wealth, THEN GET RID OF THE GOD DAMN BANKS!!!!!!

    Jesus! Is it actually so complicated?

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