Obama Admin Protecting Criminal Banks

Run time: 06:35 https://www.youtube.com/watch?v=D2W8Q9y6bio   Posted on YouTube: August 25, 2011 By YouTube Member: TheYoungTurks Views on YouTube: 305   Posted on DU: August 25, 2011 By DU Member: pokerfan Views on DU: 2781

 
Efforts by New York Attorney General Eric Schneiderman have motivated AG's in other states to investigate banks for questionable mortgage practices. Why is the Obama Administration interfering? The Young Turks host Cenk Uygur explains.



Unbelievable!

;-)

What happened to Move Your Money? There are thousands of totally legit credit unions!

...is an http://en.wikipedia.org/wiki/Malfeasance_in_office">impeachable offense.


- K&R

They would rather protect the banks as well, that doesn't mean that they won't let him take the blame in the election,
They will pretend they care about law then.

Yeah, well there is that.

- The only thing left is revolution.....

Yes pension funds have been robbed but who is getting protection? It doesn't matter what these people say, it's what they do and who they unify with that discloses their hypocrisy. Like one astute DU member stated on DeSwiss' thread yesterday about this..DC stands for District of Corruption.

Wall Street is our Main Street- love 'em or hate 'em..we have to make sure we do everything to support them. NY Fed Board member Kathryn Wylde

The plain truth about things is almost extinct in the MSM.

Cenk Uygur always makes sense to me.

Although, if Schneiderman does as Cenk suggests, and keeps pushing for real justice, he will be neutralized by the powers that be, one way or the other. When BILLIONS are in play some people will kill to keep that power.

How the Obama regime can get away with this transparent criminal bankster snuggle-up / cover-up crap is unbelievable,. people should be up in arms, at least torches and pitchforks surrounding the whitehouse and banks,. perhaps a guillotine or two.., justice has to come from somewhere, and be seen by all.

I guess if you hold up a liquor store at knife point people can understand that is a crime,. however when you manipulate investments and take BILLIONS from retirement funds people have more difficulty actually seeing the crime. Sad but true.

like Obama protected Bush. I can't imagine a President Perry saying, "We must look forward." Maybe Romney will do it.

And bullshit walks.

Obama Sides With Dirty Bankers

A power play is underway in the foreclosure arena, according to the New York Times.

On the one side is Eric Schneiderman, the New York Attorney General, who is conducting his own investigation into the era of securitizations – the practice of chopping up assets like mortgages and converting them into saleable securities – that led up to the financial crisis of 2007-2008.

On the other side is the Obama administration, the banks, and all the other state attorneys general.

This second camp has cooked up a deal that would allow the banks to walk away with just a seriously discounted fine from a generation of fraud that led to millions of people losing their homes.

Obama Sides With Dirty Bankers
http://www.readersupportednews.org/off-site-opinion-section/429-foreclosure/7168-obama-sides-with-dirty-bankers

No matter what Obama and Geithner do, they're screwed. Bank of America grew enormous under the deregulated banking laws, and the same lack of protection they capitalized on is going to destroy them. The closer the Cave Man's administration is to BOA, the worse it's going to look. Schneiderman is the winner here.

And it also could have been predicated on the results of investigations and indictments. We could have broken up the "too big to fail banks" as a condition of the bailout.

:kick: