Wall Street Crime .
 

I hope this is true and they come after all these pricks .


[url=http://www.cnbc.com/id/101540424?__source=xfinity|mod&ticket=ST-590-YlIjXI2yUwDxFCU7Se5EaRZ5XsGW0lbLYWz-20&rememberMe=null]Top Wall Street cop: Heads are going to roll[/url]



[URL="http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=cn5_SVUjs3HqZM&tbnid=iCSZtyQ-SBR8uM:&ved=0CAUQjRw&url=http%3A%2F%2Fpoliticalmemes.blogspot.com%2F2012_07_29_archive.html&ei=fJg6U72TCY7KsQS51oG4Cg&psig=AFQjCNFvBgpxxJN9YZDC4On2BaW9AMipcw&ust=1396435262180138"][IMG]https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcRLCoK_mVRb-dIKCw6XTOiF0i1rJdKQTTVhbM3BPGtgvUB00oYJ[/IMG][/URL]

Re: Wall Street Crime .
 

amazing after all of this no one was arrested

Re: Wall Street Crime .
 

agree,

[ame=http://www.youtube.com/watch?v=OqYTQB6lrQQ]"Too Big to Fail" (2011) - Financial Crisis Explained - YouTube[/ame]

Holy crap! Something we all agree on? A momentous day!

Sent from my DROID RAZR using Tapatalk

I've seen a lot of reports of banker suicide in the past few months, I'm wondering if it's the few who still had a conscience.

Sent from my DROID RAZR using Tapatalk

Re: Wall Street Crime .
 

^^^like how you say "a few"

Re: Wall Street Crime .
 

i just remember after watching wolves of wall street how mad i was. greed is bad, mmkay.

Re: Wall Street Crime .
 

[url=http://money.cnn.com/2014/04/02/news/companies/banks-stress-depression/index.html?iid=Lead]Banks under pressure to deal with rising employee stress levels - Apr. 2, 2014[/url]

Oh boo efffing hoo. Good lord, what a pathetic bunch. As someone who knows and have known several people to work as bankers in NYC, these folks know exactly what they are getting into. They usually start in research and in other entry level positions and see how everything works. These people work 60 hour weeks minimum, but their compensation is enormous...people would be shocked and bottomline, they are addicted to the money. Just like football, you risk major injury but you [I][U]fully understand this [/U][/I]going into that game. And like most football players the grind is too much and most are done by their early 30s. I got no sympathy for these twats.

Re: Wall Street Crime .
 

Here is another piece of work I won't miss !


[URL]http://www.nytimes.com/2014/04/02/business/charles-keating-key-figure-in-the-1980s-savings-and-loan-crisis-dies-at-90.html?_r=0[/URL]


Charles H. Keating Jr., who went to prison and came to symbolize the $150 billion savings-and-loan crisis a generation ago after fleecing thousands of depositors with regulatory help from a group of United States senators known as the [URL="http://topics.nytimes.com/top/reference/timestopics/subjects/k/keating_five/index.html?inline=nyt-classifier"][COLOR=#0066cc]Keating Five[/COLOR][/URL], has died. He was 90.
The death was confirmed by his son-in-law Gary Hall. No further details were immediately provided.
The S. & L. debacle of the 1980s and 90s, when a thousand institutions collapsed in an implosion of reckless investments, may be a distant echo in a nation struggling to recover from economic turmoil. But to millions old enough to have been dragged through the mess, Mr. Keating is remembered, perhaps unjustly, as the pre-eminent villain of an era when depositors, many of them older Americans and naïve investors, lost life savings they had squirreled away in hometown thrifts that they thought were safe.

Re: Wall Street Crime .
 

Heads aren't going to roll. It's smoke being blown up our asses.



[IMG]https://fbcdn-sphotos-f-a.akamaihd.net/hphotos-ak-prn1/t1.0-9/1010371_10203540875423540_7436289130823725795_n.jpg[/IMG]


Your stance on Wall Street is amusing since you are, with out a doubt, a "system" supporter, even though the system is ran by the very guys you detest.

Re: Wall Street Crime .
 

[quote=NC_Skins;1068787]Heads aren't going to roll. It's smoke being blown up our asses.
Your stance on Wall Street is amusing since you are, with out a doubt, a "system" supporter, even though the system is ran by the very guys you detest.[/quote]


[URL="http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=Qr5D-fFPxW40ZM&tbnid=X6HSsURwiEFAIM:&ved=0CAUQjRw&url=http%3A%2F%2Fwww.amazon.com%2FWHINING-Warning-babies-signs-funny%2Fdp%2FB003CCKS64&ei=h5RTU7qVOJWfyATmoILQDQ&bvm=bv.65058239,d.aWw&psig=AFQjCNEqH5uzjYVisywmKTYDhVMg3Yd7SQ&ust=1398072282150709"][IMG]http://ecx.images-amazon.com/images/I/51NsR93CdkL._SY300_.jpg[/IMG][/URL]



[URL="http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=djg2N04i50_oYM&tbnid=0qXLsw5j-3_tCM:&ved=0CAUQjRw&url=http%3A%2F%2Fforum.nationstates.net%2Fviewtopic.php%3Ff%3D20%26t%3D74110%26p%3D3527429&ei=DptTU7uWBMTuyAHuloDYBg&bvm=bv.65058239,d.aWw&psig=AFQjCNFF5ur_lJAEoI61BRe9WWzBgKgiHg&ust=1398074456434516"][IMG]http://i12.photobucket.com/albums/a205/ulteriormotives/glen-beck-rally-attendance-glenn-beck-crying.jpg[/IMG][/URL]

Re: Wall Street Crime .
 

[quote=Giantone;1068803][url]http://ecx.images-amazon.com/images/I/51NsR93CdkL._SY300_.jpg[/url]


[url]http://i12.photobucket.com/albums/a205/ulteriormotives/glen-beck-rally-attendance-glenn-beck-crying.jpg[/url][/quote]



[IMG]https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-frc3/t1.0-9/10169278_923841844311936_4090706865334301046_n.jpg[/IMG]

Re: Wall Street Crime .
 

[URL="http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=LlZSEnwBNhk3XM&tbnid=uWHxThZnT0IQCM:&ved=0CAUQjRw&url=http%3A%2F%2Fwww.mediawebapps.com%2Fpicturelike.php%3Fid%3D1841&ei=9EZUU_vLMqLcyQH69IHgDg&psig=AFQjCNH6vQAq3x8-oasrbDNSqFCOl2u3Yg&ust=1398118515696593"][IMG]https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcRQgZJSODKbrOydRR2FN42CXKUVtq1U0UnCSTt-xauZ8y25GRh1aA[/IMG][/URL]

Re: Wall Street Crime .
 

You still haven't responded to what I said. Try doing it without deflecting or evading. Thanks.

Re: Wall Street Crime .
 

[quote=NC_Skins;1068837]You still haven't responded to what I said. Try doing it without deflecting or evading. Thanks.[/quote]

LOL, ok ,so now I must respond to you when you make a statement whether I want to or not and 19 days later at that .No wonder your not liked at work .:doh:

Re: Wall Street Crime .
 

[quote=Giantone;1068840]LOL, ok ,so now I must respond to you when you make a statement whether I want to or not and 19 days later at that .[U][B]No wonder your not liked at work[/B][/U] .:doh:[/quote]


Where did you get that assumption? I'm not one of the guys freeloading and stealing from the state. My co-workers like me quite well. They know I get shit done and it'll get done the right way when I do it. Do you make these things up as you go? Sounds like it.


Back on topic. Why do you support the system so much if it's ran by people you detest. Do you not see the irony in it?

Re: Wall Street Crime .
 

[quote=NC_Skins;1068843]Where did you get that assumption? I'm not one of the guys freeloading and stealing from the state. My co-workers like me quite well. They know I get shit done and it'll get done the right way when I do it. Do you make these things up as you go? Sounds like it.


Back on topic. Why do you support the system so much if it's ran by people you detest. Do you not see the irony in it?[/quote]

Right you can make up more lies about your "co- workers later".
What "system" is it that I support ?

Re: Wall Street Crime .
 

[quote=NC_Skins;1068843]Where did you get that assumption? I'm not one of the guys freeloading and stealing from the state.[/quote]

So you say .You need to think about this .


[URL="http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=OzCffX7OWkSBxM&tbnid=npGrjivlfTZizM:&ved=0CAUQjRw&url=http%3A%2F%2Fwww.businessandlifecoach.net%2F2013%2F09%2Ffocus-on-what-makes-better-hires.html&ei=OCBVU-m_F-ScyQHJzIHYBw&bvm=bv.65058239,d.aWw&psig=AFQjCNGEwM1ibWg6_MQJjBtNAsHQCsjVQQ&ust=1398173856292397"][IMG]http://1.bp.blogspot.com/-q6KBvuEFYjA/UiTaTSJsE-I/AAAAAAAACCI/JIHZUAgvHYk/s1600/integrity-is-your-thoughts-and-values.jpg[/IMG][/URL]



[URL="http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=4stWAQW2JHSUCM&tbnid=iqL8rkxuYo1Z7M:&ved=0CAUQjRw&url=http%3A%2F%2Fimgarcade.com%2F1%2Fethics-quotes%2F&ei=YSBVU6-KE4GGyAGOuYGoDA&bvm=bv.65058239,d.aWw&psig=AFQjCNGEwM1ibWg6_MQJjBtNAsHQCsjVQQ&ust=1398173856292397"][IMG]http://izquotes.com/quotes-pictures/quote-in-law-a-man-is-guilty-when-he-violates-the-rights-of-others-in-ethics-he-is-guilty-if-he-only-immanuel-kant-98525.jpg[/IMG][/URL]

Re: Wall Street Crime .
 

I hope this is true .


[url=http://www.washingtonpost.com/business/economy/no-company-is-too-big-to-jail-holder-says-of-justice-dept-probes/2014/05/05/e133e49c-d45f-11e3-aae8-c2d44bd79778_story.html]No company is too big to jail, Holder says of Justice Department probes - The Washington Post[/url]





No company or individual is too big to jail, Attorney General Eric H. Holder Jr. said Monday as the Justice Department prepares criminal charges against two of Europe’s largest banks.
In a [URL="http://www.justice.gov/tmp/050514/050514.html"][COLOR=#0066cc]video message[/COLOR][/URL] posted on the Justice Department’s Web site, Holder said that “when laws indeed appear to have been broken, and the evidence supports the allegations, a company’s size will never be a shield from prosecution or penalty.”

Re: Wall Street Crime .
 

holder is the one that sent out the memo saying that white collar crimes should be policed with fines because those people "aren't the right type" for jail.

so... not holding my breath.

Re: Wall Street Crime .
 

We live in such times that 'affluenza' is now a judicially recognized reason NOT to be sent to jail. The system is broken.

Holder is a whore.

Re: Wall Street Crime .
 

[quote=Giantone;1068871]So you say .You need to think about this .
(snip pics appropriate for NCSkin's coworkers and maybe G1)
[/quote]Since when does pointing out someone else's misdeeds point to self-guilt?

Now, criticizing snitches and whistleblowers, that does point to possible misdeeds (past or present), on the part of the speaker.

Re: Wall Street Crime .
 

[URL="http://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&docid=Ct3H_8SVvDW0gM&tbnid=1YeV4VlbVJxMoM:&ved=0CAUQjRw&url=http%3A%2F%2Famerican-choices.hubpages.com%2Fhub%2FThoughts-on-Banking-by-Thomas-Jefferson&ei=uax9U7aqOYzjsASo64CwDw&bvm=bv.67229260,d.b2k&psig=AFQjCNGr5jpZaYm6_vjHWkLKEc8g9Diepg&ust=1400831388187361"][IMG]http://s1.hubimg.com/u/6092556_f520.jpg[/IMG][/URL]

Re: Wall Street Crime .
 

Still waiting on those banking prosecutions G1?....lol

Re: Wall Street Crime .
 

"The Untouchables"


[url=http://video.pbs.org/video/2327953844/?z=10]Video: The Untouchables | Watch FRONTLINE Online | PBS Video[/url]



I suggest people watch it. Answers the question of why Wall Street's leaders have escaped prosecution for any fraud related to the sale of bad mortgages.

Re: Wall Street Crime .
 

[quote=NC_Skins;1072891]Still waiting on those banking prosecutions G1?....lol[/quote]


I think this is better .


[URL="http://nymag.com/daily/intelligencer/2014/02/i-crashed-a-wall-street-secret-society.html"]I Crashed a Wall Street Secret Society -- NYMag[/URL]




and here is another , old but still gets to the point!

[url=http://www.businessweek.com/magazine/content/11_21/b4229060222515.htm]Wall Street: Not Guilty - Businessweek[/url]

Re: Wall Street Crime .
 

[url=http://thinkprogress.org/economy/2014/07/29/3465206/wall-street-inversions-overseas/]Wall Street Has Raked In Almost A Billion Dollars Helping Companies Move Overseas To Dodge Taxes | ThinkProgress[/url]



Any minute now Obama and his Justice League crew should be coming through with those criminal proceedings. /s

Re: Wall Street Crime .
 

[quote=NC_Skins;1072891]Still waiting on those banking prosecutions G1?....lol[/quote]


[url=http://www.huffingtonpost.com/2014/05/19/credit-suisse-criminal-charges_n_5351885.html]Feds Ever-So-Gently File Criminal Charges Against Credit Suisse[/url]



The U.S. government has finally backed up its boast that no bank is too big to jail, if by "jail" you mean "vigorously slap on the wrist."
The Justice Department on Monday [URL="https://www.documentcloud.org/documents/1164682-criminal-information-statement-on-credit-suisse.html"][COLOR=#0066cc]filed criminal charges[/COLOR][/URL] accusing Swiss banking giant Credit Suisse of conspiring to help U.S. customers dodge taxes. The bank [URL="http://www.justice.gov/iso/opa/ag/speeches/2014/ag-speech-1405192.html"][COLOR=#0066cc]pleaded guilty[/COLOR][/URL] to the charges, breaking from a recent tradition of letting banks defer prosecution. Credit Suisse also agreed to pay about $2.6 billion to settle the claims brought by the Justice Department, the Federal Reserve and New York State.
"This case shows that no financial institution, no matter its size or global reach, is above the law," Attorney General Eric Holder said in a [URL="http://www.justice.gov/iso/opa/ag/speeches/2014/ag-speech-1405192.html"][COLOR=#0066cc]press release[/COLOR][/URL] announcing the settlement.



It's not what I wanted but ,baby steps .

Re: Wall Street Crime .
 

Again ,not what I wanted but they aren't walking away free either .


[url=http://online.wsj.com/articles/judge-orders-bank-of-america-to-pay-1-27-billion-in-hustle-case-1406744359?mod=U.S._newsreel_9]Judge Orders Bank of America to Pay $1.27 Billion in 'Hustle' Case - WSJ[/url]

Reverberations of the ruling could be felt widely. Bank of America, Goldman Sachs Group Inc. and other banks are weighing potential settlements with the Justice Department or U.S. housing regulators on a variety of mortgage matters that still are lingering more than five years after the financiaJudge Rakoff's decision could, in particular, complicate Bank of America's negotiations with the Justice Department in a separate, larger case over mortgage securities the bank sold to investors in the run-up to the financial crisis. The bank met with the Justice Department on Tuesday and Wednesday as part of that negotiation, according to people familiar with the matter, and raised its offer for what it is willing to pay.
The $1 million fine for Ms. Mairone could stand as a rare example of a Wall Street official having to pay a fine out of his or her own pocket for conduct related to the financial crisis. The judge issued guidelines for how the fine should be paid from her own income. A Bank of America spokesman declined to comment on whether the bank would assist Ms. Mairone in that effort.

Re: Wall Street Crime .
 

when you consider how much money they make a quarter, free is an issue of semantics :\

i'd rather them start putting people in jail. take away their time. that's something they can't get by by raising interest rates or pushing shady mortgages.

Re: Wall Street Crime .
 

[quote=tshile;1076569]when you consider how much money they make a quarter, free is an issue of semantics :\

i'd rather them start putting people in jail. take away their time. that's something they can't get by by raising interest rates or pushing shady mortgages.[/quote]

No argument .

Re: Wall Street Crime .
 

Like I said it's not what I want ,people should go to jail!



[url=http://www.bbc.com/news/business-28880307]BBC News - Bank of America in record $16.7bn mortgage settlement[/url]

The loans were sold by Countrywide Financial and Merrill Lynch before Bank of America bought them in 2008, at the height of the financial crisis.

The associate attorney general said "no institution is either too big or too powerful to escape" punishment.

The settlement will cut the bank's third-quarter profits by $5.3bn.

Bank of America will pay a total of $9.65bn in cash and provide consumer relief worth about $7bn, much of which will go towards homeowners struggling with their mortgages.

Jump media playerMedia player helpOut of media player. Press enter to return or tab to continue.
US Attorney General Eric Holder says the deal is "a historic step forward"
The cash component consists of a $5bn civil penalty and $4.63 billion in compensation payments.

The case centred on Countrywide Financial, the biggest lender at the time of the crisis, and Merrill Lynch selling mortgage loans to investors but not explaining the full extent of the risk involved.

Re: Wall Street Crime .
 

banking execs read those headlines and immediately calculate how many weeks worth of profit that wipes out for the quarter, then on to wonder how much profit was made minus the fine.

the headline should be execs get sentenced to 5, 10, 20+ years in jail. then maybe the first thought that crosses the rest of the industry execs' minds is that they need to make sure their company is clean because they don't want to run the risk of actually being punished.

Re: Wall Street Crime .
 

[url]https://screen.yahoo.com/videos-for-you/wall-street-felon-stayed-mansion-222204238.html?vp=1[/url]

:laughing2


You can't even make this shit up. The system is rigged for the criminals. The criminals also happen to be making the laws and loopholes.

Re: Wall Street Crime .
 

[quote=Giantone;1079194]Like I said it's not what I want ,people should go to jail!



[url=http://www.bbc.com/news/business-28880307]BBC News - Bank of America in record $16.7bn mortgage settlement[/url]

The [B]loans were sold by Countrywide Financial and Merrill Lynch [/B]before Bank of America bought them in 2008, at the height of the financial crisis.

The associate attorney general said "no institution is either too big or too powerful to escape" punishment.

The settlement will cut the bank's third-quarter profits by $5.3bn.

Bank of America will pay a total of $9.65bn in cash and provide consumer relief worth about $7bn, much of which will go towards homeowners struggling with their mortgages.

Jump media playerMedia player helpOut of media player. Press enter to return or tab to continue.
US Attorney General Eric Holder says the deal is "a historic step forward"
The cash component consists of a $5bn civil penalty and $4.63 billion in compensation payments.

The[B] case centred on Countrywide Financial, the biggest lender at the time of the crisis, and Merrill Lynch selling mortgage loans to investors but not explaining the full extent of the risk involved[/B].[/quote]

Just so we are clear, the origination, underwriting, and ultimate selling of those products were by other instituations, not BOA. Please note also on the second market the folks and the direvatives that were being spread out on those transactions were a cash cow for a ton of other smaller banks and a ton of other vendors. Also remember rating systems and government approval of mortgage back securities products. Please keep in mind the SEC fully regulated those deals and backed all those when times were good and the always remember the government made hand over fist from those deals. Please keep in mind Fannie and Freddie bought everything never doing their due dilligence to understanding what products they bought, blind bulk purchasing. Also remember the government put a gun to the head of BOA to buy Merrill Lynch during the meltdown.