Wednesday, September 29, 2010

Where Are All the Prosecutions? -

NOTE: When I first starting reading this article I was wondering WHY WHY WHY our country is not dealing with weeds while they are small - I think watching the foreclosure fraud crisis unfold - it is apparent that many judges and court systems could have stop the problems like GMAC robo-signing and other massive land take overs early on. I read something like this and go to court and watch banks lawyers mislead or outright lie, present false documents and shake my head at how Martha Stewart is imprisoned for FAR LESS and people scream "FOUL"..... why aren't more people screaming FOUL now????

Where Are All the Prosecutions? -
"A consistent question since the financial crisis in 2008 is why has the federal government not prosecuted any senior executives for their roles in the collapse of firms like Lehman Brothers and Bear Stearns or the risky investments that led to bailouts of onetime financial giants like the American International Group, Fannie Mae and Freddie Mac. How can companies worth billions of dollars just a few months earlier suddenly collapse in 2008 without someone being held responsible?"
click on title link to read full story!

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