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Post by jeffolie on Aug 10, 2012 9:40:55 GMT -6
Obama: no jail Goldman public confessions of criminal acts ok Obama disgusts me. Obama consistently makes no attempt to jail workers at too big to fail banks not matter what ++++++++++++++++++++++++++++++++ U.S. Will Not Press Criminal Charges Against Goldman Sachs Neither Goldman Sachs Group Inc. nor its employees will face U.S. criminal charges related to trades they made during the financial crisis that were highlighted in a 2011 U.S. Senate report, the Justice Department said on Thursday. The unusual announcement not to prosecute criminally came in an unsigned statement attributed to the department. Few expected the bank to face criminal charges, but in April 2011, U.S. Senator Carl Levin asked for a criminal investigation after the subcommittee he leads spent years looking into Goldman. Levin's subcommittee held televised hearings as part of its inquiry, which centered on a subprime mortgage product known as Abacus. He said Goldman misled Congress and investors. As everyone knows already. There are two kind of laws...one for the rich and powerful...and one for the rest of us. The story was posted on the foxbusiness.com Internet site: www.foxbusiness.com/industries/2012/08/09/us-will-not-press-criminal-charges-against-goldman/
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Post by unlawflcombatnt on Aug 23, 2012 23:26:14 GMT -6
Obama: no jail Goldman public confessions of criminal acts ok Obama disgusts me. Obama consistently makes no attempt to jail workers at too big to fail banks not matter what Absolutely right on the money. THIS is Obama's biggest shortcoming--his willingness to throw out any shred of conviction to avoid angering a big-money supporter. Obama takes the cake for being a spineless, conviction-less worm. from the article: " Justice Department investigators and prosecutors worked on their inquiry for "more than a year," the statement said." No, they worked on their excuse for not bringing charges for 'more than a year." " They "ultimately concluded that the burden of proof to bring a criminal case could not be met based on the law and facts as they exist at this time," the statement continued.' What complete, absolute bullshit! The Justice Dept can easily indict a ham sandwich. It's all about whether the Justice Dept. wants to indict or not, and whether someone higher up (i.e., Obama or Holder) is ordering them not to do so. The Justice Dept. will indict a Doctor for health care fraud without any evidence whatsoever. They'll simply make it up, or encourage false testimony from witnesses. The statement by the Justice Dept.: "the burden of proof to bring a criminal case could not be met based on the law and facts as they exist at this time," is a lie on its face. They could have easily brought charges and indicted. The evidence and even direct testimony was overwhelming. Any Grand Jury they chose would have indicted. But then again, the Justice Dept. simply didn't want to indict one of Obama's biggest sources of campaign contributions.
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