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Comment for Proposed Rule 75 FR 80747

  • From: Kevin
    Organization(s):

    Comment No: 34977
    Date: 2/18/2011

    Comment Text:

    Submitter Info:
    First Name: Kevin

    This is the current state of affairs in the so-called "enforcement" of Wall Street crimes, from Matt Taibbi's Why isn't Wall Street in Jail?:

    'Criminal justice, as it pertains to the Goldmans and Morgan Stanleys of the world, is not adversarial combat, with cops and crooks duking it out in interrogation rooms and courthouses. Instead, it's a cocktail party between friends and colleagues who from month to month and year to year are constantly switching sides and trading hats. At the Hilton conference, regulators and banker-lawyers rubbed elbows during a series of speeches and panel discussions, away from the rabble. "They were chummier in that environment," says Aguirre, who plunked down $2,200 to attend the conference.'

    That's not law enforcement, that's co-conspiracy! What are you going to do about it?

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