Wednesday, August 24, 2011
The latest SEC and government scandal America needs to know
A story breaking this week but that, I think, is getting far too little press tells of the SEC doing some preliminary investigations of Wall Street firms, then shutting them down and--worst of all--destroying any evidence. And why would this happen, you might ask? Well, because those very same SEC employees then get cushy, high paying jobs with the very companies they're supposed to be overseeing and regulating. And it's been going on since 1993, at least, apparently, and repeatedly. Goldman Sachs, anyone? It reminds me, once again, of the quote by Tim McIlrath: "If you're not angry, you're not paying attention." Read about it here: http://www.npr.org/2011/08/18/139758303/sec-documents-destroyed-employee-tells-congress; http://www.rollingstone.com/politics/news/is-the-sec-covering-up-wall-street-crimes-20110817
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