lazzybum

The BofA / Merrill Mess - A Misguided Mob Goes After the Wrong Guy

All three officials mentioned by have had little time in their offices. The problem started back during the Clinton times. You can't blame them for not doing their duties. Paul and Ben did break the law to save the economy. I give credit to Ben but not to Paul. Paul tried to hard to save his GS budies. He should tell those Greedy Bunch to stop undermine the whole economic system.


On Jun 28 04:56 PM User 437862 wrote:

> "Maybe we ought to forget about the law for a few minutes and just
> stop this thing before it's to late. Because before you know it the
> people will become disenchanted with capitalism and they will start
> believing in the historic lies of socialism.
>
> Two things are important here:
> 1. The Federal Reserve, FDIC, SEC and Treasury were not doing their
> jobs in overseeing the financial markets.
> 2. When the crisis started the Federal Reserve, Treasury, and FDIC
> thought that they were above the law. This country was founded upon
> having a rule of law and no one should be above the law.
>
> Ben Bernanke, Hammering Hank, and Shelia should be held accountable
> for the financial injuries they caused by breaking the laws and for
> being slothful in their duties to prevent this meltdown.