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Exclusive: No Criminal Charges Likely in AIG Collapse
CBS News ^
| 02 April 2010
| Armen Keteyian
Posted on 04/19/2010 12:43:17 PM PDT by Lorianne
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To: Wisconsinlady
Who was the brick wall they ran against?
Doesn't say, but it likely involved a large donation.
21
posted on
04/19/2010 1:28:07 PM PDT
by
bamahead
(Few men desire liberty; most men wish only for a just master. -- Sallust)
To: Bigtigermike
Yes, and, to morph “Too Big to Fail” to “Too Big for Jail”.
22
posted on
04/19/2010 2:05:59 PM PDT
by
givemELL
(Does Taiwan eet the Criteria to Qualify as an "Overseas Territory of the United States"? by Richar)
To: Lurker
Can you name the Statute he violated and present evidence admissible in Court that did so? If this guy is a scapegoat for the whole mess, then of course he should not be prosecuted. Thought about that after I posted.
But, certainly there was major corruption involved in the crash and people should pay. Certainly Moody's and the other ratings company (names slips me right now) should be held liable (civil and criminal).
If you still want me to name the statues violated, sorry, don't have the code in front of me. Call it crimes of corruption against the people. One day we will prosecute such crimes, not just the obvious ones like Madoff.
Look at the S&L bailout from years ago. If people had paid a criminal price then, we might have avoided the mess we are in now. The closest we came was Keating but the Congress members involved only lost their seats, no jail time and did not lose their pensions.
To: Bigtigermike
No this is a setup.....this crisis was setup by the White House to create the crisis of getting Wall Street regulation reform.
To: gunsequalfreedom
Call it crimes of corruption against the people. One day we will prosecute such crimes, not just the obvious ones like Madoff. That's almost exactly what they called them in the Soviet Union. Don't get me wrong if actual nameable crimes were committed prosecute away.
25
posted on
04/19/2010 4:01:45 PM PDT
by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
To: Lurker
Fraud? The fact that he sold investment insurance he couldn’t cover?
To: Lurker
I was just having a bit of fun with that. I know it sounded like commie land crime naming. Actually, it proabably would have been, "Crimes of the highest order perpetrated against the glorious state and its heroic people." Not sure what the criminal code number would be.
Easier to simply call it corruption; best to prosecute it to the fullest when found. If we don't, we become like that other country.
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