Wall St Bank Robber Barrons
I am at a loss for words.
I can't conger up words strong enough for what I think.
America has had its criminal periods.
I'm not familiar with them all but a few come to mind.
American Indian Treatys (Frauds), still not honored.
The Rail Road Robber Barron's of 1850's
Mafia 1920 and the Gangsters ( 1930 to 1947) Capone, the Purple Gang.
The Japanese war camps WWII
Saving and Loan Frauds.
Enron and Major accounting firms frauds.
And all these periods had some political cover
And now we have the biggest criminal combine
of all time.
Huge frauds perpetrated on the American Public
and the rest of the world.
I am at a loss for words to describe this PUBLIC DEBACLE.
Wall St Banks make fools out of law enforcement.
And commit their crimes in public with impunity.
Bribing Congress and de-fanging regulators.
The advertise their Loan Sharking activities,
30% on Credit Cards and 460% on payday loans.
And the last round of Banking Regulations forbid
States from regulating these criminal rates.
The Banks sold "D" subprime paper rated
"AAA" at top prices. And almost brought down
the entire World financial system.
And the Federal Reserve bailed out the perpetrators
not the victims.
Not even one law has been passed to prevent the
Banks from repeating the offense, and no one has
been arrested, in fact congress has protected them
from being broke up by qualifying them too BIG to
fail or break up.
The same banks trade in the dark without
regulation in their "Dark Pools", and knocked
down the Dow -1,000 points in 10 min.
And the Toothless SEC, has no idea how or
The Banks are allowed to carry false balance
sheets, reporting their inventory of sub-prime
paper at 100% value, when actual value is
The Government even set up a program
to buy this fraudulent sub-prime paper
that the banks got caught with in their
own scam at 100%.
With tax payer money.
Let me say that again.
The Government bought the scam
artists fraudulent sub-prime, they
created, with Tax payer money
so the Banks wouldn't take a loss.
The Feds bailed out the criminals.
And let the criminals pay them
selves hundred Million dollar
bonuses with Tax payer money.
AND ABSOLUTELY NO PROSECUTION.
The same criminal Banks are allowed
to front run trades on all your investments
costing you some of your profits, in
"black pools" off shore where there is
Wall St Banks front running.Stealing money from every trade.
And the Banks can run high-frequency
programed trades, placing all other
traders at a disadvantage, they even
allow them to place servers on NYSE
property to gain an advantage over
Sale of CDS Credit default swaps,
fraudulent investment insurance.
400% the value of NYSE.
And then the Government protects
the Banks gambling with FDIC insurance.
The banks can barrow at the Fed window
at .05% ( one half of one per cent interest rates )
and loan money at 30% on credit cards and
460% payday loans.
The banks are allowed to gamble, using
huge leverage ratios, in risky investment.
The Banks even got the Bankruptcy laws
changed so the victims of their credit card
scams to the poor, with 30% interest rates,
allow the banks to collect Social Security
checks from the poor they have scammed.
The American Congress has approved
every method the banks have come up
with to swindle, cheat and con Americans
and the world out of their wealth.
The Banks brought on the recession, real
estate price collapse and consequently
loss of jobs and 9% unemployment rates
The first part of the 21 century will be
known by the Wall St Bank robber Barrons .
And their complete control of congress and
deregulation of all of their criminal activities.
I am so angry and frustrated I can't voice
my feeling in civil discourse.
And they do it in full daylight in public
with impunity, as emasculated Law
Enforcement looks on.
All this SPEAKS TO A CONGRESS OF EUNUCHS,
NO BALLS, OR REGULATION or GUTS.
A Congress bought and paid for.
Sadly USA does have the best politicians
money can buy.
Sad day for America.
When does it stop?
Where does it stop?These Wall St Banks are National Security Threat.
Wall St Banks = "systemic risk"
Gerald in center on NYSE trading floor.
Series 3 & 7 ( Former Stock Broker )