Comments
Transcript
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BS"If Biden is elected..." we'll get better prosecution. Can't make that up.
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SRIt seems strange that all of the issues mentioned occurred during the Clinton Administration (Holder Memorandum) or the Bush Administration (Thompson Memorandum) or during the Obama Administration (no GFC prosecutions from 2009 through 2016), but the Trump Administration is labeled the "Most Corrupt in History." It is really strange when you consider that the rank and file of the Justice Department (especially the FBI) hate Trump.
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MHAt the end of the day the people prosecuting these crimes want a decent career path. Prosecuting the group of people that do most of the employing isn't a great move. The incentive needs to move. Just sayin! There are a few revolving doors between oversight and the banking system for instance.
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CHIRS staff cutbacks likely driven partly by changes to Obamacare that curtailed or obviated the basis for IRS enforcement.
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NCInteresting sign underneath the computer monitor
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TKFantastic! This is an important structural problem that needs more attention and treatment as a systemic market risk. It's unfortunate that it only gets appropriate attention when "bubble" narratives are high.
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SPThe more fraud and corruption content I watch and read, the more obvious the parallels become to the decline of the Roman Empire. Excellent interview, well done RV for shining light on criminal activity in finance.
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RMWow, great interview! Kind of depressing though how badly the system has fallen. Great solutions proposed but the hurdles to bring back justice to the system will be incredibly high. Thank goodness for organizations like ProPublica!