Tag Archive | moody’s
Financial Regulators Crush Small Fry and Feed Big Whales
The Securities and Exchange Commission has taken the decades-old, stereotypical criticism of useless federal government regulators and owned it. Time and time again the agency has chosen not to enforce rules against the most powerful institutions, has turned a blind eye as the institutions continue fraudulent behavior and has codified the injustice of an economically-elite […]
SEC = SELLOUT of our ECONOMY COMMISSION
UPDATE: Bloomberg reported today that the U.S. Securities and Exchange Commission issued an internal agency memo stating, “The staff has concluded its investigation and determined that charges will likely not be recommended.” It appears the SEC determined Lehman had questionable conduct, but not illegal conduct in respect to the now infamous REPO 105 transactions. “The […]
