Quiet Flows the Don- Volume Three

Some thoughts about the world

therebis

therebis
Location
Denver, Colorado, USA
Birthday
September 23
Bio
I have been an activist for many years. I believe in the Constitution and Bill of Rights. In the year 2001 I was on the committee for the first protest against Mr. Bush in Denver, and have been on many protests/rallies/marches against Mr. Bush and his policies that have stood shred the Constitution and Bill of Rights. It will be up to the people to regain our common decency and humanity through the reimposition of "the rule of law" and "justice" for those perpetrators of torture, injustice, and corruption.

MY RECENT POSTS

APRIL 28, 2010 1:03PM

You do the crime you do the time

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"University of Texas economics professor James K. Galbraith previously said that fraud caused the financial crisis:

    You had fraud in the origination of the mortgages, fraud in the underwriting, fraud in the ratings agencies.

Senator Kaufman said last month:

    Fraud and potential criminal conduct were at the heart of the financial crisis.

Congresswoman Marcy Kaptur says that there was rampant fraud leading up to the crash (see this and this).

TARP overseer Elizabeth Warren suspects fraud as the cause of the crisis.

Yves Smith has shown that fraud largely caused the subprime crisis.

Janet Tavakoli says that rampant fraud and Ponzi schemes caused the financial crisis...."

http://www.washingtonsblog.com/2010/04/well-known-economist-says-economists.html

It is time for criminal investigations to begin.

Ken

Author tags:

fraud, economics, wall street

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