Will those responsible for the financial fraud be held to account? - Not according to Obama.

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rowmat's picture
rowmat
Status: Gold Member (Offline)
Joined: Nov 15 2008
Posts: 358
Will those responsible for the financial fraud be held to account? - Not according to Obama.

In Bill Moyers PBS interview with William K. Black, Black clearly describes the extent of the fraudulent activity that directly caused the sub-prime mortgage crisis and ultimate global financial meltdown.

http://www.pbs.org/moyers/journal/04032009/watch.html

In a society where the rule of law is supposed to uphold the right and penalize those who deceive and cheat to enrich themselves at the expense of others, one would reasonably expect that those responsible for the sub-prime mortgage fraud and subsequent embezzlement of taxpayer bailout money to be held accountable for their actions.

Here is my question to Barak Obama...

"Mr President what do you intend to do about those who are criminally responsible for this crisis that is now robbing millions of people of their financial security and leaving countless future generations to pay the price of this wholesale financial fraud?"

And his response...

http://news.bbc.co.uk/2/hi/business/7977005.stm

rowmat's picture
rowmat
Status: Gold Member (Offline)
Joined: Nov 15 2008
Posts: 358
Whoops! Sorry I posted this in the wrong forum!

Sorry but I posted this in the wrong forum.

Please go here instead...

http://www.peakprosperity.com/forum/will-those-responsible-financial-fraud-be-held-account-not-according-obama/17663

 

 

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