[Rockitz]

Tons of links within the article. This is the kind of event that could start the economic implosion here in the US. I hope these bastards are jailed and their ill-gotten gains siezed, but I'll bet there are too many elites involved, so this will probably fold on itself as SEC insiders warn these elites. Ultimately, small investors and taxpayers will pick up the tab once again.

[ValerieTexas]

Is this why Martha Stewart went to prison? As a message that no one is too big to take the fall, so anyone who is caught had better be quiet, take the punishment, and he or she will be able to pick up the pieces and succeed later?

[StAnDeliver]

Interestingly, this issue is eroding the Left from the inside...James Galbraith had a freakout two weeks ago:

"But one cannot defend the actions of Team Obama on taking office. Law, policy and politics all pointed in one direction: turn the systemically dangerous banks over to ... [the] FDIC ... audit the books, prosecute the frauds ... Instead they announced “stress tests,” plainly designed so as to obscure the banks’ true condition ... ignore the market value of their toxic assets. Management stayed in place. They prosecuted no one ... The banks threw a party..."