Re: [OT] the nigger said: "American people understand that not everybody's been following the rules"

[Jeffrey Walton <noloader () gmail com>]

On Tue, Oct 11, 2011 at 9:25 AM, Darren Martyn
<d.martyn.fulldisclosure () gmail com> wrote:
> Chris - Empathy, guilt, and morals. Guilt being a major factor. The
> possibility was always there to make millions via evil means, but morals and
> knowing it would be hard to live with.
>
> The problem is not getting lots of money. That is the easy part. The issue
> is with living with yourself afterward.
How about illegal? Check out the Hobbs Act [1]. I'm not making this
crap up - the US has laws on the books for negatively affecting
commerce (which the crash did), and using fear to peddle their warez
(how financial institutions market their instruments). There's
probably provisions in the PATRIOT Act, too.

The last tine I checked (about a year ago), the SEC had opened fewer
than 100 civil investigations. No criminal investigations, despite the
fact that some of the financial institutions created spurious ratings
companies just to rate their instruments 'good'.

Jeff

[1] http://www.justice.gov/usao/eousa/foia_reading_room/usam/title9/131mcrm.htm

> On Tue, Oct 11, 2011 at 12:43 AM, Bob Dobbs <bobd10937 () gmail com> wrote:
> > On Mon, Oct 10, 2011 at 10:57 AM, Jeffrey Walton <noloader () gmail com>
> > wrote:
> > > Who are the real threats to the US: terrorist who try to dream up ways
> > > to do the US harm, or Corporate and Congress which does the US harm?
> >
> > I hate to contribute to an off-topic thread but you've successfully
> > trolled me here: Congress has done FAR more harm to the US than terrorists
> > over the last 10 years by just about every measure.

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