Tuesday, August 23, 2011

Matt Taibbi : The SEC covering up Wall Street Crimes ?

Rolling Stone contributing editor Matt Taibbi has a new piece in Rolling Stone about the SEC the Securities and Exchange Commission covering up crimes on Wall Street and destroying the records of promising cases in the years leading up to the financial meltdown.The SEC has been shredding case documents all along so its no surprise there has been zero justice for the big time wall street criminals. isn't it strange that nothing happens to the Wall Street Crooks until they down grade the US Credit Ratings then all of a sudden the justice department goes after them. All there going to do is harass them. There is no way anyone will do jail time.the SEC is bought by the banks so of course they are going to get rid of all the evidence.,corrupt corporations infiltrate government agencies that are supposed to oversee them so they can hijack these agencies for their own corporate interest .Direct government involvement should always be minimal, or corrupt agencies like the SEC are the inevitable result, time and time again.America builds more prisons than schools but somehow we can’t open a branch on Wall Street.

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