Sunday, May 22, 2011

Not Too Big to Assail: Fed Subpoenas Expected @ Goldman-Sachs

Though I dont hold out much hope of anything coming of this....the S&C has let the Big Bank$Ter$ off the hook too many times in the past.

These proceedings will have no teeth until and unless MUCH more regulation of the banking industry is done in real effort to eridicate some of the illegal and/or immoral / unethical practices they do that got US into this financial meltdown mess...particularly in the sub-prime mortgage backed securities area.