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"Inside Job" Director Charles Ferguson: Wall Street Has Turned the U.S. into a "Predatory Nation"

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thinbluemime

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May 30, 2012, 4:02:40 PM5/30/12
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"Inside Job" Director Charles Ferguson: Wall Street Has Turned the U.S.
into a "Predatory Nation"
http://www.democracynow.org/2012/5/29/inside_job_director_charles_ferguson_wall


Two years after directing the Academy Award-winning documentary, “Inside
Job,” filmmaker Charles Ferguson returns with a new book, “Predator
Nation: Corporate Criminals, Political Corruption, and the Hijacking of
America.” Ferguson explores why no top financial executives have been
jailed for their role in the nation’s worst economic crisis since the
Great Depression. We also discuss Larry Summers and the revolving door
between academia and Wall Street, as well as the key role Democrats have
played in deregulating the financial industry. According to Ferguson, a
"predatory elite" has "taken over significant portions of economic policy
and of the political system, and also, unfortunately, major portions of
the economics discipline."


--------------

AMY GOODMAN: Now, you make a really critical point when you won the Oscar
at the 83rd Annual Academy Awards. You won it for Inside Job. In your
acceptance speech, you drew applause after calling for the jailing of
financial executives.

CHARLES FERGUSON: Forgive me. I must start by pointing out that three
years after a horrific financial crisis caused by massive fraud, not a
single financial executive has gone to jail, and that’s wrong.

thinbluemime

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May 31, 2012, 9:45:55 AM5/31/12
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On Wed, 30 May 2012 21:02:40 +0100, thinbluemime <thinbl...@gmail.com>
wrote:

>
> "Inside Job" Director Charles Ferguson: Wall Street Has Turned the U.S.
> into a "Predatory Nation"
> http://www.democracynow.org/2012/5/29/inside_job_director_charles_ferguson_wall
>
>
> Two years after directing the Academy Award-winning documentary, “Inside
> Job,” filmmaker Charles Ferguson returns with a new book, “Predator
> Nation: Corporate Criminals, Political Corruption, and the Hijacking of
> America.”

>
> CHARLES FERGUSON: Forgive me. I must start by pointing out that three
> years after a horrific financial crisis caused by massive fraud, not a
> single financial executive has gone to jail, and that’s wrong.


"Viewpoint" host Eliot Spitzer and Rolling Stone contributing editor Matt
Taibbi consider how the Securities and Exchange Commission, which is
tasked with regulating the financial industry, has yet to prosecute any
high-profile banks or executives in the aftermath of the financial crisis
of 2008. Tune in Weeknights at 8:00/7:00c on Current TV

http://www.youtube.com/watch?v=rkGsVawgToU

thinbl...@gmail.com

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Sep 6, 2015, 10:41:14 PM9/6/15
to
"We Made It Wider!" Hank Paulson Bursts Out Laughing When Asked About Wealth Inequality
Tyler Durden on 09/06/2015
http://www.zerohedge.com/news/2015-09-06/we-made-it-wider-hank-paulson-bursts-out-laughing-when-asked-about-wealth-inequality



...Speaking of Goldman Sachs and income inequality, back in April, Hank Paulson and Robert Rubin sat down with Sheryl Sandberg and Tim Geithner at an event hosted by Michael Milken (no less), to discuss a variety of topics. Around a half hour into the discussion, Sandberg asks Paulson about income inequality. Here's what happens next:

Sandberg: "Yeah, so let's follow up on a bunch of the things we were [talking about]. Let's start with income inequality."

Paulson: "Ok, well.. income inequality. I think this is something we've all thought about. You know I was working on that topic when I was still at Goldman Sachs.."

Rubin: "In which direction? You were working on increasing it."

Paulson then bursts out laughing: "Yeah! We were making it wider!"

Here's the clip:


https://www.youtube.com/watch?t=2165&v=XZfXqxdGOB4




-----------------

Ha-Ha !

https://en.wikipedia.org/wiki/Michael_Milken

thinbl...@gmail.com

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Sep 10, 2015, 1:22:14 PM9/10/15
to
On Sunday, September 6, 2015 at 10:41:14 PM UTC-4, thinbl...@gmail.com wrote:

https://groups.google.com/d/msg/rec.arts.tv/DlMA-YAGXUc/-vm0houE7L4J
Justice Department Sets Sights on Wall Street Executives
By MATT APUZZO and BEN PROTESS SEPT. 9, 2015
http://www.nytimes.com/2015/09/10/us/politics/new-justice-dept-rules-aimed-at-prosecuting-corporate-executives.html



WASHINGTON -- Stung by years of criticism that it has coddled Wall Street criminals, the Justice Department issued new policies on Wednesday that prioritize the prosecution of individual employees -- not just their companies -- and put pressure on corporations to turn over evidence against their executives.

The new rules, issued in a memo to federal prosecutors nationwide, are the first major policy announcement by Attorney General Loretta E. Lynch since she took office in April. The memo is a tacit acknowledgment of criticism that despite securing record fines from major corporations, the Justice Department under President Obama has punished few executives involved in the housing crisis, the financial meltdown and corporate scandals.


///

In prepared remarks obtained by NPR's Carrie Johnson, Deputy Attorney General Sally Yates will say later today that a "crime is crime."

"Americans should never believe, even incorrectly, that one's criminal activity will go unpunished simply because it was committed on behalf of a corporation," she said. "We could be doing a bang-up job in every facet of the Department's operations - we could be bringing all the right cases and making all the right decisions. But if the citizens of this country don't have confidence that the criminal justice system operates fairly and applies equally -- regardless of who commits the crime or where it is committed -- then we're in trouble."

Justice Department Details New Focus On Wall Street Executives
SEPTEMBER 10, 2015 EYDER PERALTA
http://www.npr.org/sections/thetwo-way/2015/09/10/439155589/justice-department-details-new-focus-on-wall-street-executives




-----------------

With Liberty and Justice For Some
https://www.youtube.com/watch?v=v1nlRFbZvXI


thinbl...@gmail.com

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Feb 3, 2016, 6:52:45 PM2/3/16
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On Wednesday, May 30, 2012 at 4:02:40 PM UTC-4, thinbluemime wrote:
Goldman Sachs chief Lloyd Blankfein: Sanders candidacy a 'dangerous moment'
By ELIZA COLLINS 02/03/16
http://www.politico.com/story/2016/02/lloyd-blankfein-bernie-sanders-218689


The head of Goldman Sachs said on Wednesday that Bernie Sanders' insurgent candidacy "has the potential to be a dangerous moment."


RichA

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Feb 3, 2016, 10:10:40 PM2/3/16
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Though some of the scumbag bankers deserve jail, the world still does not owe slackers a living.
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