The Secret Goldman Sachs Tapes that shed some light on the Federal reserve

[solid12345]

Banks have paid hundreds of billions of dollars in fines/penalties under the Obama administration for bogus charges related to the financial crisis that was caused by democrats in the first place.

Did you see the terms of the settlement reached between Holder's Justice Department and Bank of America? Because Countrywide and Merrill Lynch were supposedly naughty in '08, Bank of America gets to pay their bill as punishment for buying them and a few billion of it is being funneled to Democrat groups like La Raza and all the various ACORN spinoff groups, just in time for the fall Congressional elections.

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[shawshankinmate37927]

Regulators have no teeth in the banking industry because they'll get fired for actually doing their jobs correctly. The banks have all the power in the relationship.

The system is broken, we knew that, but this recording will be to banking what the NYPD Tapes were to policing.

Banks have paid hundreds of billions of dollars in fines/penalties under the Obama administration for bogus charges related to the financial crisis that was caused by democrats in the first place.

The CSFB has been creating a lot of regulations that is increasing the regulatory burden on banks.

I would hardly say that regulators have no teeth.

LOL...you've lost your mind if you think politicians are going to bite the hand that feeds them.

http://www.bloomberg.com/news/2012-03-20/jpmorgan-employees-join-goldman-sachs-among-top-obama-donors.html

[knight22]

Regulators have no teeth in the banking industry because they'll get fired for actually doing their jobs correctly. The banks have all the power in the relationship.

The system is broken, we knew that, but this recording will be to banking what the NYPD Tapes were to policing.

Banks have paid hundreds of billions of dollars in fines/penalties under the Obama administration for bogus charges related to the financial crisis that was caused by democrats in the first place.

The CSFB has been creating a lot of regulations that is increasing the regulatory burden on banks.

I would hardly say that regulators have no teeth.

LOL...you've lost your mind if you think politicians are going to bite the hand that feeds them.

http://www.bloomberg.com/news/2012-03-20/jpmorgan-employees-join-goldman-sachs-among-top-obama-donors.html

This. Also that the government borrow its money from the private banking cartel.

[polynesia]

tl;dr?

Regulators have no teeth in the banking industry because they'll get fired for actually doing their jobs correctly. The banks have all the power in the relationship.

The system is broken, we knew that, but this recording will be to banking what the NYPD Tapes were to policing.

If you have Goldman alumni in important posts across the system, do you expect them to take action against banks?

[SeaofBTC]

tl;dr?

Regulators have no teeth in the banking industry because they'll get fired for actually doing their jobs correctly. The banks have all the power in the relationship.

The system is broken, we knew that, but this recording will be to banking what the NYPD Tapes were to policing.

Well in an interconnected world of multi media, the truth will come out.

But the question is, does american people will care enough?

This story is *NOT* new or "breaking." This story is old, she lost her case to a judge who is the wife of a Goldman Sachs lawyer.

So no, the American people wont care, because they already let it pass. Her case was a year ago.

And we think it's just the fed who is rolling over.