Comments on: Case against Bear and JPMorgan provides little cheer http://blogs.reuters.com/bethany-mclean/2012/10/10/case-against-bear-and-jpmorgan-provides-little-cheer/ Wed, 03 Apr 2013 15:51:16 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: b0923 http://blogs.reuters.com/bethany-mclean/2012/10/10/case-against-bear-and-jpmorgan-provides-little-cheer/#comment-443 b0923 Mon, 15 Oct 2012 23:17:51 +0000 http://blogs.reuters.com/bethany-mclean/?p=137#comment-443 If you would like to know how the American people got screwed read "The Cost of Politics" by Bob Woodward. Excellent book but a very sad story of corruption of massive proportions through out the government. If you would like to know how the American people got screwed read “The Cost of Politics” by Bob Woodward. Excellent book but a very sad story of corruption of massive proportions through out the government.

]]> By: LysanderTucker http://blogs.reuters.com/bethany-mclean/2012/10/10/case-against-bear-and-jpmorgan-provides-little-cheer/#comment-440 LysanderTucker Thu, 11 Oct 2012 02:29:55 +0000 http://blogs.reuters.com/bethany-mclean/?p=137#comment-440 As long as there is a money monopoly given to a select irresponsible few, and that irresponsibility is insured by the forced collection of taxes, corruption will never cease or decline. Nor will any investigation shed light on or even make any discernible sense out of it all. Repealing all legal tender laws and allowing currency competition is the only way to solve it. But wait, how would they collect taxes then? As long as there is a money monopoly given to a select irresponsible few, and that irresponsibility is insured by the forced collection of taxes, corruption will never cease or decline. Nor will any investigation shed light on or even make any discernible sense out of it all. Repealing all legal tender laws and allowing currency competition is the only way to solve it. But wait, how would they collect taxes then?

]]> By: breezinthru http://blogs.reuters.com/bethany-mclean/2012/10/10/case-against-bear-and-jpmorgan-provides-little-cheer/#comment-439 breezinthru Wed, 10 Oct 2012 20:35:54 +0000 http://blogs.reuters.com/bethany-mclean/?p=137#comment-439 Due to the complete absence of any serious legal action against the shameless perpetration of fraud on Wall Street since the Collapse, I'm inclined to take a cynical view of Schneiderman's investigation. The Martin Act benefits the banks be keeping anyone in banking from getting hurt. Making an issue of fraud conducted by the now defunct Bear Stearns prevents harm at the corporate level. American citizens and investors would be better served by using RICO to go after bad deeds committed by banks that are still fully operational... but these days, the law does not serve citizens or investors. American law serves a new master. Due to the complete absence of any serious legal action against the shameless perpetration of fraud on Wall Street since the Collapse, I’m inclined to take a cynical view of Schneiderman’s investigation.

The Martin Act benefits the banks be keeping anyone in banking from getting hurt. Making an issue of fraud conducted by the now defunct Bear Stearns prevents harm at the corporate level.

American citizens and investors would be better served by using RICO to go after bad deeds committed by banks that are still fully operational… but these days, the law does not serve citizens or investors.

American law serves a new master.

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